Bluefield Solar’s unaudited Net Asset Value (NAV) fell slightly in the first quarter of the year, to £850.2 million, or 139.1 pence per share. The company posted a NAV of £870.7 million in Q4 2022.
Next Energy Solar Fund (NESF) has confirmed that its portfolio achieved a generation outperformance of 3.8% against budget for 12 months ended 31 March 2023.
Octopus Energy has signed a framework agreement with Masdar to use Octopus’ technology platform to flexibly manage the clean energy developer’s UK battery storage portfolio.
Chinese multinational corporation Envision Energy has agreed a partnership with Harmony Energy Income Trust to provide battery energy storage systems (BESS) for projects in the UK.
SSE’s Solar and Battery team is joining SSE Renewables to advance the delivery of nearly 2GW project pipeline in the UK and Ireland, and to expand into Europe.
According to Octopus Renewables Infrastructure Trust plc’s (ORITs) Q1 2023 financial results, lower forecast wholesale power prices across Europe were the biggest contributor to the company’s Net Asset Value (NAV) decrease.
Trade association Solar Energy UK has welcomed a letter sent by MPs from the Environmental Audit Committee (EAC) demanding that the government should tackle long grid connection waiting lists for solar and battery projects.