Business and energy secretary Greg Clark has insisted that the forthcoming carbon reduction plan will deliver the long-term certainty the renewables industry is calling for.
Solar thermal has been spared the axe under long-awaited reforms to the Renewable Heat Incentive, published today by the Department of Business, Energy and Industrial Strategy (BEIS).
Three London boroughs have begun testing the potential of more than 40 solar plus storage installations to reduce the bills of households in fuel poverty.
Pensions Infrastructure Platform (PiP) has provided £20.3 million of debt capital to refinance almost 2,000 rooftop solar assets owned by Foresight on behalf of the railways pension scheme, RPMI Railpen.
The Solar Trade Association (STA) is to lease part of RenewableUK’s Westminster-based offices as part of a move which it said would create a “renewables hub” in the capital.
Developers who were successful in winning contracts within last week’s Capacity Market auction have lauded the “crucial role” battery storage is set to play in the future for the national grid.
The number of battery storage projects to have won 15-year contracts in the latest Capacity Market auction is a sign of “considerable confidence” in the technology, according to the director of the Electricity Storage Network.
Storage projects have landed more than 3.2GW of contracts in the provisional Capacity Market auction results, around 500MW of which has been allocated to new-build battery storage projects.
