Battery storage rollout needs £20bn government investment to support renewables goals
The battery storage rollout needs to continue its upwards trajectory, with increased government spending required, according to new data from Cornwall Insight.
Articles tagged with: Investment
Liquidity constraints and regulation biggest barriers to investment in renewables
Liquidity constraints and insufficient regulation remain barriers to investment in renewables in the UK, but the market is picking up.
CORE celebrates £31m community owned solar PV refinancing deal
A £31 million inflation linked debt refinancing has been secured from institutional investment abrdn by Community Owned Renewable Energy Partners (CORE).
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Triple Point Energy Efficiency Infrastructure Company secures £108m battery storage pipeline
Investment firm Triple Point Energy Efficiency Infrastructure Company has secured a £108 million pipeline of UK battery energy storage systems (BESS).
Custom Solar secures £4.8m funding boost from Virgin Money
Commercial rooftop solar company Custom Solar has secured £4.8 million in new lending from Virgin Money.
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Atrato Onsite Energy raises £150m in oversubscribed IPO
New renewables investment trust Atrato Onsite Energy has raised gross proceeds of £150 million though an oversubscribed Initial Placing, Offer for Subscription and Intermediaries Offer (IPO).
New onsite renewable investment company Atrato announces plans for £150m IPO
A new closed-ended investment company designed to invest in a diversified portfolio of onsite renewable energy assets dubbed Atrato Onsite Energy is to launch an initial public offering (IPO).
BW Group to fully fund Penso Power’s 3GWh UK battery storage pipeline
Penso Power has signed a new agreement with global maritime group BW Group that will see the build-out of the former’s UK battery storage pipeline fully funded.
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.
Ortus Energy teams up with Fiera Infrastructure for £100m C&I solar investment
A new exclusive long-term partnership will see £100 million invested into new commercial & industrial (C&) rooftop solar developments in the UK.
UK needs to treble solar in order to reach net zero but ‘significant barriers’ remain
The UK solar industry needs to treble to align with Climate Change Committee (CCC) recommendations, hitting 40GW of installed capacity by 2030.
Foresight Solar & Technology VCT appoints new director
Foresight Solar & Technology VCT has appointed Carol Thompson as director to “support and further expand the existing portfolio of companies”.
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Q&A: Chris Lovatt on E.On’s investment in Eco2Solar and the ‘tipping point’ in residential solar
Solar Power Portal caught up with E.On’s Chris Lovatt, chief operating officer for energy infrastructure services – who is taking a place on Eco2Solar’s board as part of the investment – to discuss the investment, residential solar and the drive for decarbonisation.
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Q&A: Bluefield’s James Armstrong on the ‘next wave of growth’ for UK solar
Solar Power Portal caught up with James Armstrong, managing partner of Bluefield Partners, to discuss how the recent acquisition of a 70MWp asset reflects Bluefield's solar strategy, whether subsidy-free developments are still on the table and how the solar sector may see significant growth in 2022/23.
Portsmouth biggest council investor in solar over last 6 years
Since 2014, Portsmouth has invested more in solar than any other council in the UK according to new research.
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Gresham House New Energy team grows with new investment director appointed
Gresham House New Energy has welcomed a new investment director to develop the company’s unsubsidised renewables strategy.
PODCAST: How will solar PV accelerate in 2021?
The Solar Media Podcast returns for its first episode of 2021, looking forward to what looks set to be a pivotal year for solar PV.
Swanbarton’s Anthony Price among the energy professionals in the 2021 New Year’s Honours list
Energy storage was recognised in the 2021 New Year’s Honours list, with Swanbarton’s director Anthony Price awarded an OBE.
Social and Sustainable Capital targets increased community renewables investment
Social and Sustainable Capital (SASC) is creating a dedicated renewables investment committee in a bid to expand its work in community renewables.
Gresham House acquires first Scottish battery storage site 30MW Byers Brae
Gresham House Energy Storage Fund (GRID) has conditionally agreed to acquire a c.30MW battery project known as Byers Brae.
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Solar and storage ‘unsupported’ by Johnson’s Green Industrial Revolution plan
Solar and storage technologies were conspicuously absent from Boris Johnson’s Ten Point Plan for a Green Industrial Revolution.
Harmony Energy targets portfolio growth after minor share sale
Harmony Energy is setting its sights on rapidly expanding its portfolio of projects in the UK, thanks to an investment from Ritchie Bland Energy (RBE).
South Somerset District Council announces second BESS to build on ‘unique position’
South Somerset District Council (SSDC) is to build a second Battery Energy Storage Site (BESS), announcing a 40MW facility that will be located near Fareham in Hampshire.
Gresham continues acquisition spree with development rights buy from Arenko
Gresham House Energy Storage Fund (GRID) has continued its acquisition spree, buying two new development rights for 50MW projects from Arenko.
An evolving mandate: Bluefield Partner’s James Armstrong discusses its move beyond solar
Solar Power Portal caught up with James Armstrong, managing partner of Bluefield Partners, the investment adviser of Bluefield Solar Income Fund, about company broadening its scope, which technologies it will focus on and the impact Contract for Difference (CfD) auctions could have.
Warrington Borough Council launches green investment scheme for solar farm
Warrington Borough Council is launching a green investment scheme, which will allow local residents to help fund a new solar farm.
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‘Breadth and depth’ added to Foresight as it completes PiP acquisition
Foresight has completed its acquisition of fellow investment company Pensions Infrastructure Platform (PiP).
Riding Sunbeams wins £2.5m from government’s Getting Building Fund
The Riding Sunbeams project has won a further £2.5 million of funding to develop solar power for railways.
Aceleron gains £2m investment to expand reusable battery solutions
UK battery storage developer Aceleron has received a £2 million equity investment to help further expand its operations.
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Octopus Renewables takes ‘exciting step’ as it acquires 9.1MW of rooftop solar
Octopus Renewables has acquired a 9.1MW portfolio of operational residential UK rooftop solar assets.