Harnessing solar energy via PV and a battery energy storage system (BESS) in a mid-terrace home, compliant with the Future Homes Standard 2025, could see savings of around £40,000 over their lifetime, Solar Energy UK has said.
In a bid to boost the long-duration energy storage market in the UK, the Department for Business, Energy and Industrial Strategy (BEIS) has provided over £32 million to five winners of the Longer Duration Energy Storage (LODES) competition.
The Electricity Generator Levy is set to have a small impact on Foresight Solar Fund’s portfolio, and no impact on its UK battery portfolio whatsoever.
As a result of the Autumn Statement and the introduction of the windfall tax, Bluefield Solar Income Fund has estimated that its audited NAV would have decreased by 3 pence per ordinary share (pps).
Cross-party MSPs have released a letter calling on Scotland to set a target of between 4-6GW of solar power capacity, to help it achieve its full potential.