Iona Capital enters UK solar market with utility-scale ambitions
Iona Capital has partnered IGas to develop utility-scale UK solar PV, marking its entry into the UK solar market.
Articles tagged with: Renewables
Government mulls more frequent CfD auctions in Net Zero Strategy otherwise devoid of PV policy
While the Net Zero Strategy includes plans to review the frequency of Contracts for Difference (CfD) auctions, a concrete UK solar deployment target was absent.
EDP to invest £13bn in UK renewables by 2030
EDP Renewables (EDPR) is aiming to cement its position in the UK renewables market, with plans to invest £660 million over the next five years.
Remove VAT on domestic energy storage and clean tech, industry coalition urges government
A coalition of almost 30 industry organisations is calling for the removal of VAT on domestic energy storage and other renewable and clean technologies.
Octopus to invest £150m mandate in renewable assets
Specialist clean energy investor Octopus Renewables has won a £150 million corporate pensions mandate from a large UK-based institutional investor.
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Bluefield hires new investment director to support portfolio diversification push
Bluefield Solar has hired Michael Covington as investment director at the company’s investment adviser, adding "significant" wind, solar and capital markets expertise to the company.
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Aberdeen City Council eyes solar development following GGA funding
Aberdeen City Council is eyeing the development of a solar farm following being awarded a chunk of the Scottish Government’s Green Growth Accelerator (GGA).
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Gresham teams up with Strategic Power Projects for 1GW solar and storage pipeline
Gresham House has partnered Irish developer Strategic Power Projects to develop a solar and storage pipeline with a combined capacity of over 1GW.
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Solar industry welcomes ‘very exciting’ net zero grid by 2035 target
The UK has set a new 2035 target for a net zero electricity system, with the country to ‘double down’ on renewables, hydrogen and nuclear.
Regen pushes for 10GW CfD Pot One target capacity
Regen is calling on the government to double the capacity for Pot One technologies from 5GW to 10GW in the next Contracts for Difference (CfD) auction.
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Low Carbon Alliance to develop £150m solar and storage portfolio with Kajima Europe
Low Carbon Alliance Limited (LCA) and real estate investor Kajima Europe have formed a new joint venture targeting UK solar and storage.
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Shell signs framework agreement for 700MW of solar and battery storage
Shell and renewable energy developer Island Green Power have signed a framework agreement to develop solar PV projects with co-located battery storage potential.
Bluefield’s solar, storage pipeline breaks 700MW mark in ‘challenging’ year for energy markets
Bluefield Solar Income Fund is celebrating a jump in earnings in a year that also saw an increase in debt and a drop in share price.
FIMER promises to ‘revolutionise’ the market with residential inverter and storage platform
FIMER is launching high-power inverter and high-capacity storage platforms for the residential market with an aim of helping installers make the most of increasing demand.
Conrad Energy signs deal with GE Renewable Energy for 104MWh of battery storage
A major framework agreement has been signed between GE Renewable Energy and Conrad Energy for the design, manufacture and supply of GE’s battery energy storage system in the UK.
EDF Renewables targets 1GW of onshore renewables in Ireland
EDF Renewables is targeting a 1GW development pipeline of onshore renewables in Ireland.
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Cero and Enso Energy to kick off construction of 49.9MW PV plant
Construction of a 49.9MW solar PV asset in South Gloucestershire being developed by Cero Generation and Enso Energy is to begin, having achieved financial close.
Island Green Power to develop 1GW+ of solar on ex-coal sites
Two coal power stations in the east midlands – Cottam and West Burton – are now to be home to solar PV with a combined capacity of over 1GW.
Quinbrook acquires UK’s largest consented solar-plus-storage site
Quinbrook Infrastructure Partners has acquired the 350MW Cleve Hill solar-plus-storage site in Kent, UK, with this expected to be the largest single site PV install in the UK once completed.
GlaxoSmithKline targets 20MW solar project to decarbonise Scottish manufacturing site
Pharma giant GlaxoSmithKline (GSK) is targeting a 20MW solar project to help power its manufacturing facility in Irvine, Scotland.
SSE backed Renewco Power sets sights on 4GW renewables portfolio
A new renewables firm with the backing of SSE has been launched with a focus on roll-out of large-scale solar and wind farms across the UK and Europe.
Pacific Green Technologies secures debt financing for 99.8MW BESS
Pacific Green Technologies is to finance the construction of its 99.8MW battery energy storage system with £23 million of debt financing.
Frequency response drives Gresham House’s earnings to £22.4m
Gresham House Energy Storage Fund has seen the EBITDA generated by its portfolio soar to £22.4 million in the first half of this year, jumping from £4.5 million in H1 2020.
BEIS sets out CfD pot budgets ahead of December auction
A total of £265 million has been set aside for the Contracts for Difference (CfD) scheme, the Department for Business, Energy and Industrial Strategy (BEIS) has today (13 September) revealed.
New market entrant Evolution Power takes aim at 3GW of UK renewables
Evolution Power – a new entrant to the UK renewables market – has partnered Finnish sustainable investment group Korkia to fund an initial 1GW pipeline.
Anesco secures approval for 50MW battery site set to perform multiple grid-balancing roles
Anesco's new 50MW battery storage site has been given the green light by Brentwood Borough Council, with the project to be another example of how batteries are benefiting the grid and offering returns for investors, the company has said.
BEIS consults on new solar PV Nationally Significant Infrastructure Project guidance
New guidance on solar PV has been proposed by the government as part of its review into the energy National Policy Statements (NPSs).
PACE given green light for third UK solar-plus-storage site this year
Pathfinder Clean Energy (PACE) has secured planning permission for a 26MWp solar-plus-storage farm, located 15 miles south-west of Norwich.
TRIG announces new share issue as it eyes new opportunities
The Renewables Infrastructure Group (TRIG) has announced the issue of new ordinary shares to repay amounts drawn under it Revolving Credit Facility (RCF) and meet near-term funding requirements.
Solar PV rolled out on new council homes in Perth
A £9.2 million development in Perth, Scotland has seen solar PV rolled out across 70 new homes.