Octopus acquires 68MW Breach Solar Farm along with stake in storage site
Octopus Renewables Infrastructure Trust (ORIT) has acquired a c.68MW ready-to-build solar PV project in Cambridgeshire from AGR Renewables.
Articles tagged with: Power Prices
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‘Unprecedented’ power prices driving commercial PV interest, ROOF says as it details 500MW pipeline
Commercial solar firm Atrato Onsite Energy (ROOF) has developed a 496MW pipeline of assets, with the company expecting interest in PV to rise with the increase in energy bills.
High power prices, inflation rates and strong irradiation continue to boost asset value
High power prices continue to drive up the value of solar assets in the UK, with this expected to continue at least throughout 2022.
Foresight revenues 30% above expectation as power price escalation continues
Global revenues of Foresight Solar Fund’s portfolio have surpassed expectations during Q1 2022 as the company records increased net asset value (NAV).
Octopus Renewables looks to embrace merchant revenue amid high wholesale prices and strong results
Octopus Renewables Infrastructure Trust (ORIT) expanded its portfolio by 179MW over the last year, and is looking to capitalise on high commodity prices to continue its growth over the coming year.
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Solar sector welcomes cut to VAT on residential solar in Spring Statement
VAT on residential solar panels has been cut to zero in the Spring Statement, unveiled today (23 March) by Chancellor Rishi Sunak.
Power prices increased 83% y-o-y in 2021 driving up Foresight Solar’s revenue
High power prices helped bolster Foresight Solar Fund’s financial results for 2021, the company confirmed yesterday (9 March).
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SEG tariffs under review: How have they changed in their first two years amidst market turmoil
Following Octopus Energy increasing its SEG rate due to high power prices, Solar Power Portal took a look at the rates on offer from suppliers following the launch of the SEG two years ago.
High power prices drive £22m uplift in Octopus Renewables Infrastructure Trusts NAV in Q4
High power prices in the UK and Europe have pushed up the net asset value (NAV) of Octopus Renewables Infrastructure Trust’s (ORIT) portfolio, hitting £577.7 million or 102.26 pence per ordinary share at the end of 2021.
Octopus Energy increases export tariffs by 36% for solar power customers
Octopus Energy has increased its export tariffs by 36%, as energy prices in the UK remain at record highs.
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Q&A: Foresight Solar’s Ricardo Pineiro talks high power prices and supply chain challenges
Foresight Solar’s head of UK solar Ricardo Pineiro chatted with Solar Power Portal just before Christmas to reflect on the solar sector's growth over the past year, and the key trends that are continuing into 2022.
Q&A: Solar Electric’s Robert Goss on closing the gap in Ireland C&I solar market
Solar Power Portal caught up with Solar Electric’s Sales and Marketing director Robert Goss to discuss how the market is changing, helped by stronger renewable commitments that are going to help “take the lid off” C&I solar.
Solar panels could add nearly £2,000 to house prices
Installing solar panels could add around £1,800 to house prices, according to a new survey from Solar Energy UK.
Power price volatility creates positive momentum for Foresight’s portfolio
Power price volatility helped provide positive momentum for Foresight Group Holdings’s portfolio of assets in the six months to 30 September.
Octopus Renewables Infrastructure Trust to focus on increased diversification after strong H1
Octopus Renewables Infrastructure Trust (ORIT) saw its gross asset value (GAV) continue to grow, as it looks optimistically towards future renewables growth post-pandemic.
PODCAST: Solar procurement challenges escalate, inside Britain’s power market volatility
All signs point to growing solar installations this year, with up to 191GW expected to be deployed, but reaching that figure won’t be without its challenges as procurement remains subject to shipping constraints and higher costs, the September 2021 episode of the Solar Media Podcast hears.
Highest power prices since Foresight’s inception drive strong H1 results
Rebounding power prices have driven Foresight Solar Fund’s results in the first half of 2021, with its net asset value jumping to £596.4 million.
Strengthened UK baseload power prices bolster NESF’s results
NextEnergy Solar Fund (NESF) saw electricity generation come in 3.8% above budget in Q2 2021, boosting the company’s revenue by c.£1.1 million.
Diversified portfolio helps DORE’s NAV grow despite falling UK power prices
Strong power prices in Europe helped offset falling UK power prices to allow Downing Renewables & Infrastructure Trust plc’s (DORE) Net Asset Value (NAV) to grow 1.3% in the first quarter of 2021.
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Power prices continue to impact asset value for Foresight Solar Fund
The impact of the low power prices in the UK is continuing to be felt, as Foresight Solar Fund announces Net Asset Value (NAV) drop.
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Solarsense at 25: Stephen Barrett discusses solar’s move from the fringes to the mainstream
Ahead of the company’s 25th anniversary, Solar Power Portal caught up with Solarsense's Stephen Barrett to discuss how the sector has developed over the last quarter century, and what’s next.
Dublin-based UrbanVolt to offer solar electricity to businesses for €0.10/kWh
Dublin-based energy efficiency company UrbanVolt has launched a new service to supply solar electricity to large and small businesses through rooftop solar installations.
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Octopus Renewables looks to further growth after strong first year results
Octopus Renewables Infrastructure Trust (ORIT) has hailed the success of its inaugural year with a gross asset value of £441 million from 24 assets.
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Q&A: Footprint Zero’s Harrow and Pertwee on solar and ‘Building Back Better’
The majority of businesses are keen to Build Back Better in the UK, with many looking to solar as a sustainable solution to help get there.
Despite COVID-19 uncertainty opportunities remain for investment, says ORIT in full interim results
Despite the uncertainty created by COVID-19, Octopus Renewable Infrastructure Trust’s (ORIT) dividend remains on track as the company releases its full interim results.
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Q&A: Bluefield’s James Armstrong on O&M during lockdown and power price optimism
Solar Power Portal caught up with James Armstrong, managing partner at Bluefield Partners, investment adviser to Bluefield Solar Income Fund, about operating during the pandemic, the strength of solar and low power prices.
PODCAST: European power price shocks and cheaper solar (and storage)
The latest episode of the Solar Media Podcast is now available to listen to, featuring discussion around how the COVID-19 pandemic has sent power prices tumbling.
Foresight portfolio sees 9% over-performance but NAV continues to falter
Foresight Solar Fund has seen generation from its UK portfolio perform 9% over budget due to high levels of irradiation.
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.
TRIG reduces its NAV as power prices throughout Europe tumble
As the coronavirus pandemic continues, power prices will tumble in the medium term, according to the Renewables Investment Group (TRIP).