Foresight Solar Fund closely monitoring COVID-19 as power prices fall
Foresight Solar Fund has stated that COVID-19 has caused no operational disruption so far, but it is closely monitoring the situation.
Articles tagged with: Investment
NESF yet to see ‘significant impact’ from COVID-19 despite fall in share price
NextEnergy Solar Fund (NESF) has taken the decision to cancel its scrip dividend as COVID-19 uncertainty causes shares to fall 20%.
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Q&A: Foresight’s Ricardo Piñeiro talks the rise of subsidy free and high power prices
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Solar Power Portal sat down with Ricardo Piñeiro, head of UK Solar at Foresight Group, to discuss the rise of subsidy free solar, the return of the contracts for difference auction (CfD), and the effect of the Targeted Charging Review (TCR).
Budget 2020: Solar industry ‘disappointed’ as much-anticipated ‘green’ Budget falls short
Solar Power Portal talked to some of the key players in the solar sector to gauge their reactions following yesterday's Budget.
Business rates, VAT and zero-interest loans: The STA calls on government to ‘unleash’ solar
Exemption from business rates, fair tax treatment and zero-interest loans for green home improvements are needed to unlock the potential of solar power in the UK.
Gresham House cites ‘growing confidence’ in storage, raising £31.2m in oversubscribed share placing
Gresham House Energy Storage Fund has raised £31.2 million in an oversubscribed share placing, with funds to go towards a potential acquisition.
Greencoat secures £277m of pension fund commitments for new private markets fund
Greencoat Capital is launching a new fund, Greencoat Renewable Income LP (GRI), focusing on infrastructure assets for solar and other renewables.
TRIG announces strong financial results and increased focus on battery storage in UK
The Renewables Infrastructure Group (TRIG) has released its financial results, highlighting an increasing focus on battery storage in the UK.
Elgin Energy completes fundraise to pursue 250MW UK solar portfolio
Solar developer Elgin Energy has secured £4.7 million of funding to complete the late-stage development of a 250MW-strong UK solar portfolio.
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Solar jobs continue to fall, but sector remains optimistic
The number of jobs in the solar sector has dropped "disappointingly" since 2015, according figures from the Office of National Statistics (ONS) show.
Canadian Solar joins UK post-subsidy rush
Canadian Solar has said it is in the process of developing a pipeline of subsidy-free solar farms in the UK, joining a recent flurry of developers to return to the build-out phase.
Feature
UK utility solar to return to GW demand status in 2020 as desired energy type going forward
Finlay Colville, head of market research at Solar Media, provides an early forecast for what next year holds in store for UK solar as post-subsidy economics and a surging project pipeline come to the fore.
GE2019: Solar and storage omitted from Conservative manifesto
The Conservative Party manifesto, launched on Sunday, fails to lay out any policies for solar power or energy storage, despite the party’s net zero ambitions.
Labour launches manifesto, including boost for solar and nationalisation plans
The Labour Party today launched its manifesto, cementing it’s plans to expand renewables and nationalise the energy sector.
Octopus to float new renewable infrastructure investment fund
The Octopus Group will float a new renewables fund, the Octopus Renewables Infrastructure Trust, on the London Stock Exchange.
UK renewable investment attractiveness bounces back
The UK is back into seventh position in the most recent EY’s Renewable Energy Country Attractiveness Index (RECAI), released yesterday (19 November).
The Green Party launches manifesto, including solar for 10 million homes by 2030
The Green Party has launched its manifesto, including a pledge to invest £12 billion a year into renewables and to fit one million solar panels on homes per year.
Brexit unlikely to have ‘major impact’ on solar but concerns on costs, imports remain
While a lot of uncertainty still remains with regards to renewables after Brexit, the growth of subsidy free solar, along with net zero and other targets enshrined in UK law, and the World Trade Organisations (WTO) arrangements should reassure the solar industry. But concerns over imports, skilled staff and growing costs remain.
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Limejump and Bluefield Solar Income Fund sign PPA
Flexibility aggregator Limejump has signed a short-term Power Purchase Agreement (PPA) with Bluefield Solar Income Fund. Limejump will manage the power sale for four solar farms owned by Bluefield, using its Virtual Power Platform (VPP).
ScottishPower bids to build private wire solar-plus-storage project in Scotland
ScottishPower’s renewables arm has applied to build a utility-scale solar-plus-storage farm in Scotland, which is to be backed by a private wire connection with pharmaceutical giant GlaxoSmithKline.
Gore Street secures sovereign wealth fund backing for 60MW Republic of Ireland storage duo
Gore Street Energy Storage Fund has received a £9.5 million boost for two storage projects recently awarded contracts in the DS3 flexibility market.
Maximeyes takes ‘significant stake’ in Puredrive Energy in bid to take battery storage brand global
UK energy firm The Maximeyes Group has taken a “significant stake” in battery storage technology firm Puredrive Energy.
PROJECT ROUND-UP: Charity cleans up, First Solar in Lancs, Lidl doubles PV investment in Ireland
A wrap-up of recent solar project news including a charity in West Sussex that will save thousands on its energy bills, Lidl's Irish solar expansion and why First Solar panels installed in Lancashire are 'coming home'.
NESF confirms subsidy-free build-out has started as generation surges
NextEnergy Solar Fund (NESF) has confirmed that it has kickstarted the build-out of its UK-facing subsidy-free solar pipeline.
Foresight cements renewables position with JLEN acquisition
Foresight Group has clinched a deal to acquire John Laing Environmental Assets’ (JLEN) advisory mandate, propelling Foresight’s assets under management to £4 billion.
Gore Street clinches 160MW Ireland battery storage portfolio
Gore Street Energy Storage Fund, one of the country’s maiden listed energy storage investors, has entered into agreements to acquire a 160MW portfolio of battery storage projects in Northern Ireland and the Irish Republic.
Glenmont smashes hard cap with £754 million raise, targets European PV projects
Glennmont Partners is to channel hundreds of millions to European solar PV projects over the next decade through a newly-closed fund, after it closed a record-breaking third raise.
Moixa lands fresh Honda funding to support home battery, EV charging expansion
UK battery storage firm Moixa has secured a fresh round of funding from automotive giant Honda as it pursues an international storage and EV charging expansion.
Gresham House plots new placing as it targets 180MW battery storage pipeline
Gresham House has confirmed it is to launch a fresh fund raising drive as it sets its sights on a new, 182MW pipeline of battery storage projects.
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.