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 Renewables (EDPR) is aiming to cement its position in the UK renewables market, with plans to invest £660 million over the next five years.
Specialist clean energy investor Octopus Renewables has won a £150 million corporate pensions mandate from a large UK-based institutional investor.
Power price volatility helped provide positive momentum for Foresight Group Holdings’s portfolio of assets in the six months to 30 September.
Pacific Green Technologies is to finance the construction of its 99.8MW battery energy storage system with £23 million of debt financing.
All signs point to growing solar installations this year, with up to 191GW expected to be deployed, but reaching that figure won’t be without its challenges as procurement remains subject to shipping constraints and higher costs, the September 2021 episode of the Solar Media Podcast hears.
Gresham House Energy Storage Fund has seen the EBITDA generated by its portfolio soar to £22.4 million in the first half of this year, jumping from £4.5 million in H1 2020.
Rebounding power prices have driven Foresight Solar Fund’s results in the first half of 2021, with its net asset value jumping to £596.4 million.
A total of £265 million has been set aside for the Contracts for Difference (CfD) scheme, the Department for Business, Energy and Industrial Strategy (BEIS) has today (13 September) revealed.
Evolution Power – a new entrant to the UK renewables market – has partnered Finnish sustainable investment group Korkia to fund an initial 1GW pipeline.
The Renewables Infrastructure Group (TRIG) has announced the issue of new ordinary shares to repay amounts drawn under it Revolving Credit Facility (RCF) and meet near-term funding requirements.
Elgin Energy expects to accelerate the deployment of a significant portion of its utility-scale solar portfolio thanks to a new financing deal with German bank Berenberg.
British Solar Renewables (BSR) is exploring acquisition opportunities after recognising it will need increased access to construction finance and growth capital.
The UK solar industry needs to treble to align with Climate Change Committee (CCC) recommendations, hitting 40GW of installed capacity by 2030.
The impact of the low power prices in the UK is continuing to be felt, as Foresight Solar Fund announces Net Asset Value (NAV) drop.
Gore Street Energy Storage Fund has acquired an 80MW energy storage project from RES, having also entered into exclusivity with the renewable energy company for over 300MW of assets.
JLEN is to fund new battery storage and biogas investments with the proceeds of a new oversubscribed £56.9 million placement.
Removing VAT on clean energy products like solar panels is supported by a majority of the public, new analysis by Green Alliance has found.
Virgin Money has agreed a new financing partnership with Gresham House Solar Distribution, providing a £18 million revolving credit facility to facilitate the growth of solar assets.
Ahead of the company’s 25th anniversary, Solar Power Portal caught up with Solarsense's Stephen Barrett to discuss how the sector has developed over the last quarter century, and what’s next.
Elgin Energy is to progress a 210MW portfolio of subsidy-free solar following the closure of its first fundraise with Focus Capital Partners.
Of the 100,000 new jobs to result from the Green Homes Grant, only 14,500 of these have been created to date.
The Solar Trade Association has rebranded to Solar Energy UK this year to reflect the “new era of solar in the UK”, with plans for increased member activity as well as striving for a target of 40GW installed capacity in the country by 2030. We caught up with chief executive Chris Hewett to find out what the trade body has in store for 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.
The Foresight Group has today announced it is considering proceeding with an initial public offering (IPO) in a move that executive chairman and co-founder Bernard Fairman described as the “next logical step” for the investor.
Here’s the top-ranking blogs from 2020 on Solar Power Portal, based on page views.
The Renewables Infrastructure Group (TRIG) has secured a £500 million ESG-linked SONIA credit facility to support its new investments.
The 3.75MW Cuckmere Community Solar Farm is to directly power the Eastbourne-London mainline railway in a world-first project.
Gresham House Energy Storage Fund has raised approximately £15 million by issuing a mix of short and medium-term secured power bonds.
Foresight has completed its acquisition of fellow investment company Pensions Infrastructure Platform (PiP).