Puredrive lands new funding to drive battery storage expansion
Puredrive Energy has secured new investment from energy consultancy The Maximeyes Group to help progress its battery storage offering.
Articles tagged with: Investment
Eden Sustainable and AMP Clean Energy launch multi-million-pound post-subsidy solar fund
Eden Sustainable and AMP Clean Energy have partnered on a new, multi-million-pound post-subsidy solar fund.
Oxford PV lands £31 million funding for perovskite commercialisation push
UK-based perovskite specialist Oxford PV has raised £31 million in a Series D funding round which included participation from a host of global energy companies.
Britain’s insurers could unlock ‘billions of pounds’ of investments for clean energy projects
The Association of British Insurers (ABI) is aiming to unlock billions of pounds of investments for clean energy projects.
Foresight to keep UK subsidy-free and co-location on ice in favour of ‘opportunistic approach’
Foresight Solar Fund basked in last year’s sunshine to report significant growth in 2018, but the coming years look set for a “more opportunistic approach”, the fund said today.
Advent of unsubsidised solar ‘accelerating’ as BSIF expects patience to pay off
The advent of unsubsidised solar in the UK is accelerating and Bluefield Solar Income Fund (BSIF), one of the top five asset holders in the UK, now expects its previous patience in the field to pay off.
Thrive Renewables eyes C&I solar investments after wind farm sale
Thrive Renewables has sold two onshore wind farms in a bid to target investments in C&I solar.
Phoenix Works parent seals multi-million-pound Mitsui cash injection to drive further growth
Retig, the parent company of solar installer The Pheonix Works, has sealed a multi-million-pound capital investment to power its renewables ambitions in the UK.
Feature
UK post-subsidy pipeline reaches 3GW, 500MW pegged for 2019 development
Finlay Colville, head of market research at Solar Media, details precisely how the UK’s post-subsidy solar pipeline has soared to just shy of 3GW, while simultaneously forecasting something of a revival for UK solar in 2019 with 500MW to be developed.
NESF subsidy-free pipeline swells as ‘exceptional’ summer boosts profit
NextEnergy Solar Fund (NESF) has added 470MW of subsidy-free PV assets to its acquisition pipeline as an “exceptional” summer of solar saw profits rise.
£450 million Cleve Hill solar farm submits DCO application with reduced scale
Hive Energy and Wirsol have submitted their application to develop their planned nationally significant solar farm, Cleve Hill, albeit on a slightly reduced scale to that originally proposed.
Brexit sends UK sliding back down EY renewable index
Having recently enjoyed a climb back up the rankings, looming Brexit uncertainty has sent the UK sliding down EY’s Renewable Energy Country Attractiveness Index (RECAI).
HSBC to invest £250 million in UK solar and wind farms
HSBC UK Pensions Scheme is to invest £250 million in UK solar and wind farms under a new agreement with renewables investor Greencoat Capital.
Octopus lands £107 million, 15-UK solar asset investment from Korea
Octopus has announced a new partnership with investors from Korea which will see £107 million deployed towards Octopus’ renewables strategy.
Gore Street’s battery storage fund underwhelms in debut issue
Gore Street Capital’s Energy Storage Fund has fallen someway short of its £100 million fund raising target, securing less than one-third of that figure.
Clean Growth Strategy slammed as MPs sound alarm on green finance
The Environmental Audit Committee (EAC) has issued a damning verdict of the government’s approach to clean energy investment in recent years, calling on it to publish an urgent plan to plug looming policy gaps.
Bristol City Council seeks £40 million renewables investment in carbon neutral bid
Bristol City Council has said that as much as £40 million could be invested in the city’s renewables capacity by 2027 as it bids to become carbon neutral by 2050.
Oxford PV taps Statoil, Legal & General for new funding
British perovskite solar cell developer Oxford PV has undertaken a new funding round, led by key existing investors Statoil and Legal & General Capital.
Myenergi to bolster production, pursue new products with £1.2 million investment
Myenergi, the clean tech manufacturer behind the Zappi EV charger and Eddi power diverter, has landed £1.2 million in new finance from private investors.
UK renewables investment halved following policy collapse
Investment in UK renewables collapsed by more than half last year on the back of falling policy support, new analysis has shown.
Foresight sells 16MW FiT portfolio to Korean investor
Foresight Group has sold a 16MW portfolio of feed-in tariff-accredited solar farms to Korean asset management firm KDB Kiamco.
Battery costs must fall another 30% before storage projects are viable, investor says
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.
BESS targets UK storage assets with £50 million equity backing
Battery Energy Storage Solutions (BESS) has set its sights on more storage acquisitions in the UK after raising £50 million in outside investment.
EFG Hermes lauds optimisation team as ex-SunEdison portfolio exceeds expectations
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.
Capital Stage lining up maiden battery storage move
German renewables funders Capital Stage is lining up its first battery storage move, but stressed it could be some time before business models are mature enough.
Hazel Capital bought as Gresham House enters ‘one of the most sought-after market segments’
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.
Foresight seeks £75 million to pursue UK, Australian opportunities
Foresight Solar Fund has announced a fresh placing programme in a bid to raise £75 million to pursue new solar investment opportunities in the UK and Australia.
Solar Power Portal Awards 2017 shortlist spotlight – Finance Innovation
The Solar Power Portal Awards 2017 is now just a matter of weeks away and the shortlisted entrants have all been publicised.
Solarplicity unveils details of £1 billion social housing solar scheme
Solarplicity has revealed more details of its £1 billion solar programme for social housing tenants.
Foresight adds to battery storage portfolio with 10MW Nevendon deal
Foresight Group has made its second acquisition of a battery storage project, taking on the 10MW Nevendon battery from Gridserve and Aura Power.