Quercus Assets Selection has announced the successful debt financing of three UK solar farms after securing £13.6 million of portfolio level debt from Santander UK over a ten-year tenor.
The deadline for nominations for this year’s Solar Power Portal Awards, sponsored by Trina Solar, has been extended due to substantial last-minute demand.
Renewable energy companies and associations have unanimously welcomed this morning’s confirmation that the government has set the fifth carbon budget at the recommended level.
The Department of Energy and Climate Change has claimed that 98MW of solar capacity was added in May and revised upwards its Q1 deployment estimate.
Primrose Solar has secured a £42 million debt financing deal with Deutsche Bank to refinance the Eveley solar farm it purchased in December last year.
Energy secretary Amber Rudd has said that she will “continue to watch” the UK’s solar industry after admitting that subsidy cuts enacted since last year had caused difficulty.
Portsmouth City Council (PCC) is preparing to award a tender offer worth up to £10 million which will see solar panels rolled out on council owned buildings across the city over the next four years.
PS Renewables has signed five new operations and maintenance (O&M) deals with Green Power Partners, taking its UK O&M portfolio to nearly 300MW.
Solar Power Portal runs through this week’s people news from within UK solar, including new leadership at the Green Alliance, policy hires at DECC and potential employment impacts from this week’s M&A activity
Lightsource is to invest £25 million in the deployment of solar PV across thousands of residential properties in Northern Ireland.
EvoEnergy has completed what it has called one of the highest solar installations in the UK after fitting a 26kWp system on top of the redeveloped South Bank Tower, which stands 42 storeys high.
BMW has announced plans to launch a stationary energy storage product for both residential and small commercial applications using the same high-voltage batteries used in i3 electric vehicles, including those repurposed from existing EVs.
Solar installers looking into storage applications for commercial properties will need to offer more than just load shifting for them to be viable, Centrica’s Chris Morrison has said.
Solarcentury has donated solar panels to help power the Greenpeace Field at this week’s Glastonbury Festival, supporting the charity’s low carbon theme for this year’s event.
SolarEdge has grown its product offering with this week’s launch of a new suite of energy management technologies alongside the company’s commercial PV solution.