The solar industry has welcomed the UK government’s plans to establish a Solar Taskforce as part of a range of measures introduced in the “Energy Security Day” package.
Octopus Renewables Infrastructure Trust (ORIT) has achieved strong net asset value (NAV) growth across 2022 primarily due to rising inflation and high power prices.
Welcome support for the solar industry was shown in the UK Government’s green energy plans, announced today (30 March) in what has been dubbed as the UK’s ‘Green Day’.
Octopus’ solar and storage development in Durham has been offered a grid connection date of 2036, as constraints continue to be huge challenge for the rollout of green technologies.
LCP Delta has warned that grid connection and planning permission constraints threaten Britain’s place as the largest EU energy storage market, causing the market to peak as early as 2026/27.
The UK solar market has seen substantial growth over 2022 with Good Energy highlighting “near record levels” of installations with an increase of over 125% year-on-year to 132,000.
Renewable investment trust Atrato Onsite Energy, which operates under the ticker ROOF, has confirmed it has invested £29 million into two solar projects.
Bristol-based Thrive Renewables is offering its local energy co-operative up to 20% investment in its new 20MW/30MWh Feeder Road battery energy storage project.
The Forge Project – a town centre project to support the homeless – is among a number of rural hubs in North Lincolnshire to receive a share of £88,240 in grant funding towards solar panel installations.
