Solarcentury backing mooted sale to take it to ‘the top tier’
Solarcentury is backing its potential sale to help the company accelerate and establish itself as a major player in the energy transition.
Articles tagged with: Finance
E.On expands interest-free solar financing options
E.On has unveiled a range of interest-free financing options for domestic solar and storage in the UK, helping consumers spread installation costs.
Anesco celebrates completion of firm’s largest utility-scale battery to date
Anesco has completed its largest utility-scale battery storage site to date, a 20MW/20MWh project near Manchester.
Sponsored Solar & Storage Live Awards 2019 shortlist unveiled
The Solar & Storage Live Awards, organised by Terrapinn, is proud to announce this year’s shortlist.
Concerns linger over redT future as operating loss widens
Concerns over the future of energy storage firm redT remain after it admitted that, without additional investment, the vanadium flow machine manufacturer could be forced to cease trading by the end of November.
Solar and storage VAT legislation moves forward despite strong opposition
Legislation to increase the rate of VAT attached to solar panels and home batteries to 20% move forward yesterday following a legislation committee hearing that included accusations of government errors and “bombast and windbaggery”.
NESF soars but ‘adverse effects’ of summer heatwave drags performance
Last summer’s heatwave helped double NextEnergy Solar Fund’s profits, but the adverse effects of high temperatures dragged down its overall performance, the company said.
Tesco pens PPA deal for 5MW of rooftop solar
Tesco is to install around 5MW of rooftop solar PV across its UK site portfolio after penning a PPA agreement.
New solar market survey to gauge sector confidence in recent policy movement
Solar Power Portal has today launched a new survey in a bid to determine just how effective recent policy movements in the UK energy market could prove for domestic solar.
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.
Solar install collapse prompts urgent calls for policy movement
A collapse in the number of residential solar installs has prompted politicians to call for urgent action to fix renewables’ “policy void”.
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.
Thrive declares ‘the time is now’ for onshore renewables as profits surge
Thrive Renewables has revealed record profits as costs of solar and wind fall, with greater investments on the cards.
Solar to play central role in new Centrica EV offering
Centrica has today unveiled a new electric vehicle offering, with solar and battery storage set to play a central role.
Anesco launches domestic solar-plus-storage offering
Anesco has targeted the UK’s domestic solar-plus-storage market with a new ‘at Home’ offering comprising a raft of clean energy technologies.
Labour Party unveils new solar commitment in push to install PV on 1.75 million homes
The Labour Party has announced plans to install solar one 1.75 million homes as part of a huge energy sector shake-up.
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.
Ofgem TCR could delay subsidy-free solar by five years, Aurora finds
Ofgem’s Targeted Charging Review (TCR) proposals could delay the onset of subsidy-free solar in the UK by as much as five years, new research by Aurora Energy Research has found.
Proposed solar and storage VAT hike risks setting UK decarbonisation back years
The Renewable Energy Association has taken aim at a government proposal to hike up the VAT rates attached to some energy saving materials, including solar and battery storage.
Good Energy completes solar farm sale
Good Energy has completed the sale of its 5MW Brynwhilach solar farm for a total consideration of £5.6 million.
BEIS preparing Smart Export legislation before the summer, targets late 2019 tariff deadline
The government is aiming to start the legislative process for the Smart Export Guarantee (SEG) before the summer in a bid to have the export tariff up and running before the end of the year.
Net zero report calls for quadrupling of low carbon power by 2050
The UK’s low carbon power generation capacity must quadruple by 2050 if the UK is to achieve net zero status in that time frame, with established technologies expected to do most of the “heavy lifting”.
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.
Solar & Storage Awards judges unveiled as nominations deadline looms
The judging panel for this year’s Solar & Storage Awards, organised by Terrapinn, has been announced, with the deadline for nominations fast approaching.
Feature
Guest blog
Farewell FiTs: Spring is coming as UK solar pivots to the future
As climate protests take to the streets, the Solar Trade Association’s Leonie Greene offers a glimpse at what the immediate future has in store for the UK’s solar industry and its growing independence.
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.
Feature
Solarcentury, M&A and the thirst for British solar expertise
With the news that Solarcentury is eyeing up a potential £250 million sale, Liam Stoker looks at the M&A momentum in the solar sector and why British developers score highly on energy company wish lists.
Centrica sets 7GW distributed generation target
Centrica is to deploy 7GW of distributed, low carbon technologies over the next decade, with solar and battery storage set to play a crucial role.