Battery Energy Storage Solutions (BESS), an independent system solutions and flexibility services provider, has taken in more than £28 million million in outside investment since November, with plans to target 100MW of UK projects.
Renewables investment group FIM Services has acquired two operational solar parks in the UK.
Developers of large scale solar farms are facing a 20% increase in planning fees after the Department for Communities and Local Government’s (DCLG) chief planner confirmed changes days before Christmas.
Finlay Colville, head of Solar Media’s Market Research division, takes a look at some of the emerging trends to look for in UK solar in 2018, and what they mean for the country’s largest asset holders.
Hampshire-based INRG Solar is plotting a 120MW solar array near Scunthorpe in what could be the country’s second proposed solar farm of significant infrastructure status.
NextEnergy Solar Fund (NESF) has bolstered its board with the appointment of ex-Barclays executive Sharon Parr.
Canadian Solar has closed a £41.9 million project finance facility with Germany’s BayernLB, the third such refinancing package it has clinched for UK assets.
Foresight Solar Income Fund has significantly bolstered its stake in power purchase agreements, but warned production in 2017 will fall short of expectations.
Canadian investor Fiera Infrastructure has bought up a 41MWp solar portfolio from Macquarie, including over 13,000 residential installations, constructed and financed by the Australian group over the last four years.
Ofgem has published guidance outlining how developers and asset owners can add storage to their subsidised solar installations without losing accreditation to the Renewables Obligation (RO) and Feed-in Tariff (FiT).
NextEnergy Solar Fund (NESF) has purchased two new UK solar farms, including its first with an industrial power purchase agreement in place.
Vortex has sold a 45% stake in its former SunEdison-built solar portfolio in the UK to Malaysia’s second-largest pension fund Kumpulan Wang Persaraan (KWAP).
BP is to acquire a 43% stake in prolific UK-based solar developer Lightsource in what stands to be a significant new solar partnership.
Barclays wants to stimulate corporate adoption of on-site renewables and energy efficiency through the launch of new green corporate banking products.
Solar EPC Wirsol Energy has acquired development rights for two UK-based, subsidy-free solar farms that it intends to develop in Q1 2018.
Foresight Group has sold a 16MW portfolio of feed-in tariff-accredited solar farms to Korean asset management firm KDB Kiamco.
Foresight has launched its latest infrastructure investment fund, targeting the “thriving” energy sector which remains to be seen as a safe bet for the investment community.
The Green Investment Group has launched a pay-as-you-save service aimed at stimulating take up of renewables within public and private organisations.
Battery storage technology costs will have to fall by a further 30% before projects are feasible without lucrative frequency response revenue, a leading investor has said.
Battery Energy Storage Solutions (BESS) has set its sights on more storage acquisitions in the UK after raising £50 million in outside investment.
NextEnergy Solar Fund has accelerated its timeline for developing subsidy-free solar in the UK, committing to completing four such projects over the next 12 months.
EFG Hermes has heaped praise on its asset optimisation team after the 365MW former-SunEdison portfolio it acquired earlier this year performed some 25% ahead of expectation.
Hive Energy has confirmed it is the developer behind ambitious plans for a huge solar farm on the north Kent coast which could have a final generation capacity in excess of 350MW.
Octopus Investment, non-utility UK investor, is set to expand its £484 million solar portfolio refinancing that it closed earlier this year.
Last week, renewables developer and investor Hazel Capital was acquired by Gresham House. Tony Dalwood, chief executive of the asset management group, explains to Solar Power Portal what the acquisition means for both Gresham House and Hazel Capital; what projects will be brought forward from the existing pipeline; and what uncertainties lay ahead for UK energy storage.
Solarcentury has announced a major partnership with European renewables funder Capital Stage in a move which will provide a substantial boost to its international expansion.
Hazel Capital has been bought by investment manager Gresham House through a combination of cash and newly issued shares, which includes new investment in three energy storage projects.
Triodos Bank has provided loans worth nearly £18 million to Spanish developer Gamma Solutions to refinance two solar farms in the UK.
Liam Stoker reports from Clay Hill Solar Farm, the first solar project to be built in the UK without subsidy support, and discovers how the solar-plus-storage facility was energised.
Lightsource is set to expand into the Netherlands’ local energy market.