UK government to release comprehensive Net Zero Strategy
To help drive decarbonisation in the UK, the government has committed to publishing a Net Zero Strategy.
Articles tagged with: Subsidies
Innova Energy turns to NatWest for £30 million UK solar refinancing
Innova Energy has refinanced its 57MW portfolio of UK rooftop and ground-mounted solar PV.
Bluefield makes £107 million acquisition of 64.2MWp portfolio
Bluefield Solar Income Fund (BSIF) has completed the acquisition of a 64.2MWp UK solar portfolio.
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High RESS strike prices down to connection costs and PPA length
High grid connection costs resulted in a solar strike price in Ireland’s first Renewable Electricity Support Scheme (RESS) auction “significantly higher than anywhere else in Europe” according to the Irish Solar Energy Association (ISEA).
Statkraft comes out on top in RESS with 276MWp as other winners unveiled
Norwegian state-owned power giant Statkraft has scooped up the largest contract in Ireland’s first Renewable Electricity Support Scheme (RESS), with two solar farms totaling 276MWp coming out successful alongside 57MW of onshore wind.
Solar smashes expectations as it takes home whopping 796MW in RESS auction
Solar has superseded expectations as it scoops up 796MW in Ireland’s first Renewable Electricity Support Scheme (RESS) auction.
Bluefield broadens scope in bid to target ‘attractive opportunities’ of storage and other renewables
Bluefield Solar Income Fund (BSIF) is looking to diversify its portfolio, branching out into storage and other renewable technologies.
‘An exception, not the rule’: The significance of the UK’s biggest solar park’s approval
Following the approval of Cleve Hill Solar Park, Solar Power Portal takes a look at what the next steps are for the project, any technology concerns and whether this will be the first of many Nationally Significant solar infrastructure projects.
RenewableUK calls on government to ‘go even further’ to support solar
The government needs to “go even further with enabling measures” such as public sector PPAs in order to accelerate solar deployment to help meet net zero.
CfDs should be expanded and clarity given to help economic confidence, NIC says
The Contracts for Difference (CfD) scheme should be expanded, the National Infrastructure Commission (NIC) has recommended, with "clarity on dates and scales" required.
Q&A: Solarcentury’s Chris Banks on how the UK solar market is changing
Solar Power Portal caught up with Chris Banks, UK business development manager at Solarcentury, about its new 62MW Welsh site, why now was the right time to return to the UK market and the rise of subsidy-free developments.
Merchant solar to be ‘significantly’ affected as power prices may not recover until 2025
Merchant solar and wind projects could see their returns “significantly” impacted as power prices across Europe fall.
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Pot 1 technologies set to take centre stage in competitive CfD auction
The next Contracts for Difference (CfD) round is set to be fiercely competitive as solar is allowed to compete for the first time in years.
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Q&A: STA’s Chris Hewett on how the industry has fared one year since the FiT
Now as we approach one year on, Solar Power Portal had a chat with Solar Trade Association CEO Chris Hewett about how the industry has fared in the post FiT world.
Frequency response remains main driver for beleaguered UK storage sector
Frequency response continues to be a key driver of front of the meter storage in the UK, but the market is slowing as it faces numerous challenges.
Octopus acquires 122.8MW of solar assets as it ramps up investment
The Octopus Renewables Infrastructure Trust (ORIT) has completed the acquisition of a portfolio of solar PV assets.
AMP’s Mark Tarry on how the solar market is about to go ‘bang’
AMP's MD Mark Tarry talked to Solar Power Portal about the company's solar developments and the growing subsidy free sector.
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Renewables planning applications grow by 75% in three years
The number of planning applications submitted for renewable energy projects such as solar farms in the UK has again jumped, as the pipeline continues to grow.
Budget 2020: Solar industry ‘disappointed’ as much-anticipated ‘green’ Budget falls short
Solar Power Portal talked to some of the key players in the solar sector to gauge their reactions following yesterday's Budget.
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Q&A: STA to be ‘lobbying hard’ for inclusion of solar in business rates reform unveiled in Budget
Chris Hewett, chief executive of the Solar Trade Association, spoke to Solar Power Portal about the exclusion of solar in yesterday's Budget and the promise of a reform to business rates.
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Foresight’s portfolio outperforms budget as company focuses on asset optimisation
Despite challenges to net asset value (NAV), Foresight Solar Fund’s portfolio continued to outperform budget as the company turned its focus to asset optimisation.
BEIS backs down on CfDs as it allows solar back into the scheme
Solar is to once again compete in the Contracts for Difference (CfD) scheme as the government revokes its 2015 decision.
Regulatory uncertainty and reforms such as TCR have ‘damaged’ subsidy-free solar, STA says
Regulatory uncertainty has “damaged” subsidy-free solar projects, the Solar Trade Association (STA) has said in response to Ofgem’s Decarbonisation Action Plan.
Q&A: NextEnergy Capital CEO Mike Bonte-Friedheim talks subsidy-free solar
Going subsidy-free with 5.4MWp Hall Farm II and 50MWp Staughton changed 'everything', executive says in interview held after firm reached raising milestone with first global fund.
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Solar jobs continue to fall, but sector remains optimistic
The number of jobs in the solar sector has dropped "disappointingly" since 2015, according figures from the Office of National Statistics (ONS) show.
NESF targets 150MW of subsidy-free PV by end of 2020 as summer sun lifts performance
NextEnergy Solar Fund (NESF) is expecting to have amassed an operational subsidy-free solar pipeline as large as 150MW by the end of next year.
Brexit unlikely to have ‘major impact’ on solar but concerns on costs, imports remain
While a lot of uncertainty still remains with regards to renewables after Brexit, the growth of subsidy free solar, along with net zero and other targets enshrined in UK law, and the World Trade Organisations (WTO) arrangements should reassure the solar industry. But concerns over imports, skilled staff and growing costs remain.
Net zero can be a catalyst for subsidy-free solar, Foresight says
The UK’s net zero law stands to create a “supportive environment” that could act as a catalyst for subsidy-free solar developments, Foresight Solar Fund has said.
Solar Power Portal press office to return to Solar & Storage Live
Solar Power Portal will be reporting live and exhibiting at this year’s Solar & Storage Live exhibition, continuing its relationship with the show.
UK large-scale solar pipeline tops 5GW as project developers return to action
The UK solar pipeline of large-scale, ground-mount solar farms has grown dramatically during 2019, with 66 new solar farms identified, accounting for 1.8 GW of capacity.