News

High power prices in the UK and Europe have pushed up the net asset value (NAV) of Octopus Renewables Infrastructure Trust’s (ORIT) portfolio, hitting £577.7 million or 102.26 pence per ordinary share at the end of 2021.

Solar Energy UK has called for long-term structural reforms to accelerate the growth of renewables in response to the increase in the energy price cap.

A c.15MW solar farm is to be developed for Glasgow Airport, with the intention of it being operational by summer 2023.

The University of Surrey has teamed up with SSE Energy Solutions to develop a new 5MWp on-site solar facility.

Norwegian energy giant Statkraft has submitted a planning application for a new solar farm in Yorkshire dubbed the Soay Solar Farm, as well as a Greener Grid Park.

Investment firm Triple Point Energy Efficiency Infrastructure Company has secured a £108 million pipeline of UK battery energy storage systems (BESS).

Octopus Energy has increased its export tariffs by 36%, as energy prices in the UK remain at record highs.

Renewable asset developer RES has submitted a planning application for a 99.9MW battery energy storage project in County Durham.

As of the end of November 2021, there were 472 solar PV installations under Phase Two of the Local Authority Delivery of the Green Homes Grant.

Bluefield Solar has acquired the development rights for its first standalone battery energy storage system (BESS).