News

Chancellor George Osborne has finally talked up a green project in his final budget of this government: a £1 billion tidal lagoon project in Swansea. However, true to form, Osborne also introduced new North Sea tax breaks and fuel duty cuts.

The government is exploring ways of funding five tidal lagoon projects that would generate enough electricity to meet 10% of the UK’s electricity needs.

The UK’s commercial rooftop market needs innovation if it is to offer an attractive legal proposition, UK law firm Burges Salmon has said.

Water utility Severn Trent is to invest £190 million in its renewable energy generation practices over the next five years, with solar set to be a principal focus.

Solar PV installer A Shade Greener (ASG) has secured three financing facilities worth £155 million to refinance its portfolio of commercial and residential solar projects.

Solar farm developer, Green Hedge Renewables (formerly AEE Renewables) believes that the new contracts for difference (CfD) mechanism plays to the company’s “competitive strengths” and has welcomed the opportunities the scheme is bringing to the sector.

German utility RWE is to acquire a minority stake in global downstream solar player, Conergy.

Developer Wirsol Energy has connected a 29MW solar farm in the UK.

Gloucestershire Police are appealing for information after a solar farm had several thousand pounds of equipment stolen from it earlier this week.

The UK government should look to improve the market framework for energy storage in order to stimulate investment in the technology, a report issued by the House of Lords Science and Technology Select Committee has found.