2018 will be the year in which solar will have to prove it can operate outside of a subsidy framework, but could benefit from the diminishing reliance on government policy and the growing use of additional technologies like battery storage.
The chairman of Lightsource has stepped down from his post following the recent merger with BP, claiming he felt it was the right time to relinquish his duties to the new management team.
Clean energy tech developer Verditek has partnered with graphene specialist Paragraf to develop what they claim will be the world’s first graphene-based solar panel.
The German subsidiary of Oxford PV has been awarded €15 million (~£13.3 million) by the European Investment bank (EIB) to support the commercialisation of the company’s perovskite photovoltaic technology.
Canadian Solar has closed a £41.9 million project finance facility with Germany’s BayernLB, the third such refinancing package it has clinched for UK assets.
Foresight Solar Income Fund has significantly bolstered its stake in power purchase agreements, but warned production in 2017 will fall short of expectations.
Good Energy has completed the sale of a 5MW solar farm and agreed terms to sell another to community funded investors in two deals that will earn the green utility around £1.5 million before tax profit (BTP).
