News

Business secretary Greg Clark has unveiled the first phase of a £246 million investment in battery technology with the launch of the Faraday Challenge, designed to boost research and development and position the UK at the forefront of energy storage.

Foresight Group has made its second acquisition of a battery storage project, taking on the 10MW Nevendon battery from Gridserve and Aura Power.

Regulations implemented earlier this year retroactively cutting tariffs under the Northern Ireland Renewable Heat Incentive (RHI) could create a legal precedent to reduce agreed support in schemes across the wider renewables sector.

Asset manager Cubico Sustainable Investments has announced that Stephen Riley has been named its new chief executive officer.

Leading asset management group BlackRock has taken its Renewable Income UK fund up to £1.1 billion, making it one of the largest single investments in renewable energy.

A code of practice for installing and selling electrical energy storage systems for the UK consumer market could help fill a “vacuum” of clear guidance for installers and their customers, Sonnen’s UK chief has said.

The European Commission has proposed an alternative floor price setting mechanism to replace the minimum import price’s (MIP) current linkage to Bloomberg prices.

Fires involving solar panels are most commonly caused by errors in the installation process rather than any particular technological faults, a new report by both the Building Research Establishment (BRE) and the government has concluded.

Widespread curtailment of solar generators that had been planned for the Isle of Wight between July and October will be largely avoided following intense negotiations between SSE and a consortium of affected generators on the island.

The energy performance of a home can now be used by mortgage lenders to determine if higher levels of finance can be provided to new homeowners, creating an impetus for buyers and house builders increase energy efficiency and savings in their homes.