News

A new joint venture (JV) between Ethical Power Group and Napier Park Global Capital dubbed Lynher Energy is to invest in large-scale solar and battery storage assets in the UK and Europe.

The majority of the public support the development of solar farms in their local areas, according to a new report from Copper Consultancy and Solar Energy UK.

SSE has acquired its first solar farm, taking on the development rights for a 30MW solar farm at Littleton Pastures from Stark Energy.

Bluefield Solar Income Fund has purchased the entirety of Good Energy’s 47.5MW generating portfolio for up to £24.5 million.

Rooftop solar PV is expected to play a key role in London reaching net zero by 2030, and could contribute almost 4GW of clean energy.

Energy storage firm Gravitricity has secured new project support led by the European Investment Bank (EIB) for its plans to build a full scale 4-8MW project in a former mine shaft.

Solar energy company Innova Energy has been acquired by Elm Trading, taking on its 16 ground-mount assets in Britain.

Econergy Renewable Energy has kicked off a 800MW pipeline of UK storage with the acquisition of a 50MW/100MWh battery energy storage system (BESS).

Iberdrola has become one of the biggest solar players in the UK, after acquiring 17 PV projects from Elgin Energy and Lightsource BP.

With wholesale prices currently above the Contracts for Difference (CfD) strike price alongside lowered levy rates, electricity suppliers are to receive reconciliation payments for their CfD contributions for the first time.