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.
Articles tagged with: Finance
Time running out to enter 2018’s Solar Power Portal Awards: ONE WEEK LEFT
Time is running out to enter your projects into this year’s Solar Power Portal and Energy-Storage.News Awards, as the nominations window slams shut NEXT WEEK.
Solar Power Portal Awards 2018: FORTNIGHT LEFT TO ENTER
The window to enter your projects for this year’s Solar Power Portal and Energy-Storage.News Awards is closing in just a fortnight’s time.
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.
Lloyds launches £2 billion ‘clean growth’ finance package for commercial clients
Lloyds Banking Group has launched a new £2 billion clean growth finance package to help its commercial banking clients go green.
Global Energy Storage Opportunity 2018 edition available now
Solar Media, the publisher of Solar Power Portal and sister publication Energy-Storage.News, has released this year’s edition of its annual Global Energy Storage Opportunity report.
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.
THREE WEEKS LEFT to nominate for this year’s Solar Power Portal Awards
There are now just three weeks left to nominate your projects for the Solar Power Portal and Energy-Storage.News Awards 2018.
Gresham House re-enters M&A fray with FIM Services purchase
Gresham House has agreed a deal to acquire fellow investment fund manager FIM Services for £25 million.
Foresight doubles down on PPAs to reduce cash flow volatility
Foresight Solar Fund has increased its exposure to solar power purchase agreements (PPAs) to reduce cash flow volatility, the company has said.
Tesvolt takes aim at UK C&I battery storage growth with new hire
Germany’s Tesvolt has targeted the UK’s growing C&I battery storage market with the hire of ex-Saft and Leclanché man Lawrie Wilson.
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.
Ombudsman fires warning over ‘misleading’ solar sales complaints
The Financial Ombudsman has issued a warning to customers over misleading and high-pressure sales techniques used to sell solar in the UK.
SIX WEEKS LEFT to nominate for this year’s Solar Power Portal Awards
There are now less than six weeks left to nominate your projects for the Solar Power Portal and Energy-Storage.News Awards 2018.
BayWa r.e. branches out to new energy startups
BayWa r.e. has launched a new energy technologies division for the venture capital market, looking to fund the early development of startups working on new digital solutions, storage and e-mobility.
Cranfield University nearing completion of 1MW subsidy-free solar farm
A 1MW subsidy-free solar farm being built by Cranfield University is nearing completion after construction, led by RenEnergy, began last month.
Lightsource BP snaps up four solar farms from Metka EGN
Lightsource BP has completed the acquisition of four solar farms from Greek engineering, procurement and contracting (EPC) firm Metka EGN.
Solar Power Portal Awards 2018 spotlight: Transaction of the Year
Nominations for the Solar Power Portal and Energy-Storage.News Awards 2018 are now open, and among this year’s brand new categories is our Transaction of the Year award.
NextEnergy Capital seeks ‘competitive edge’ with new debt financing chief
NextEnergy Capital has bolstered its top table with the hire of a new head of debt financing.
Solar school economics returning as latest RepowerBalcolme install completed
RepowerBalcolme has completed its latest community funded install at a primary school in West Sussex in a sign that the economics of such projects are now “coming back” following feed-in tariff cuts.
Solar Power Portal Awards 2018 spotlight: Storage Business Model Innovation
Nominations for the Solar Power Portal and Energy-Storage.News Awards 2018 are now open and one of our brand new categories this year is for Storage Business Model Innovation.
UK’s maiden listed storage fund eyeing £100 million float
The UK’s first listed fund for energy storage is setting out to raise £100 million for investment in battery projects, with a seed portfolio of an estimated 18MW/20MWh already arranged.
Balance between in-house and outsourced asset management ‘crucial’ to solar owners
Asset owners must strike a balance between bringing asset management in-house and outsourcing, particularly as assets age and warranties begin to expire.
Greater Manchester launches £15 million fund for renewable energy projects
The Greater Manchester Combined Authority (GMCA) has launched a £15 million low carbon fund intended to promote the production and distribution of renewable energy resources in the region.
Highland Council seeks £4 million return from solar farm build-out
Highland Council is to invest £2.3 million in building a range of small solar farms across its estate after agreeing on a scheme that aims to make more than £4 million for the council over 20 years.
New BRE solar car park guide uncovers solar, storage and EV potential
The Building Research Establishment (BRE) has launched a brand new solar carport guide with the intent of stimulating the market.
Shakespeare Martineau responds to ‘hive of activity’ with new hires
Law firm Shakespeare Martineau LLP has added two new solicitors to its specialist energy team in response to what it has labelled a “hive of activity” in the sector.
Business rates to be applied to energy storage in 2022 as government seeks help
The Valuation Office Agency (VOA) is calling on the sector to engage with the development of business rates that will be applied to energy storage projects in 2022, including those attached to subsidy-free solar farms.
Lightsource BP bolsters senior management team for ‘next phase of maturity’
Lightsource BP has appointed two new senior executives as it looks to usher in its post-partnership era with a strengthened management team.
Trio of risks holding back battery storage, panel says
Mis-selling, insurance risk and the failure of associated costs to fall alongside sell prices could hold back greater battery storage deployment, a panel discussion has revealed.