Renewable energy company Low Carbon has announced plans to develop a 600MW energy park in North Kesteven, Lincolnshire, which includes solar and energy storage.
The UK Government’s revised energy security strategy titled Powering Up Britain, published on ‘Green Day’ (30 March) has committed to a number of measures that it predicts will double the UK’s solar portfolio by 2050.
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.
