Solar Media Staff

UK solar jobs, turnover and operating companies all witnessed significant declines last year as a result of what the Renewable Energy Association has termed a Westminster policy ‘bonfire’.

CCL Components has launched a commercial project finance offering to help installers overcome limits on available capital in new projects, enabling them to grow in size and capability.

Lightsource and BlackRock Real Assets have combined to launch a £1 billion play to consolidate the UK’s secondary solar market.

Yesterday’s development from Ofgem and the Department for Business, Energy and Industrial Strategy have garnered a significant response from the industry, the majority of which has been overwhelmingly positive.

Yesterday the government and Ofgem published its strategy for a modernised, smart and flexible power system, the result of its eagerly anticipated response to last year’s Smart Power Call for Evidence. Solar Power Portal picks through the document to assess how the domestic solar and storage industries may benefit.

Business secretary Greg Clark has unveiled the first phase of a £246 million investment in battery technology with the launch of the Faraday Challenge, designed to boost research and development and position the UK at the forefront of energy storage.

Foresight Group has made its second acquisition of a battery storage project, taking on the 10MW Nevendon battery from Gridserve and Aura Power.

Regulations implemented earlier this year retroactively cutting tariffs under the Northern Ireland Renewable Heat Incentive (RHI) could create a legal precedent to reduce agreed support in schemes across the wider renewables sector.

Asset manager Cubico Sustainable Investments has announced that Stephen Riley has been named its new chief executive officer.

Leading asset management group BlackRock has taken its Renewable Income UK fund up to £1.1 billion, making it one of the largest single investments in renewable energy.