Octopus Energy for Business (OEB) has launched three new tariffs for companies that have their own solar power.
Smart Export Guarantee (SEG) tariffs have been unveiled after the legislation came into full effect yesterday (1 January 2020), with pricing ranging wildly from Social Energy's 5.6p per kWh down to the barely-compliant 0.001p per kWh that Shell Energy is offering.
The Octopus Group will float a new renewables fund, the Octopus Renewables Infrastructure Trust, on the London Stock Exchange.
Solar investor Octopus Energy Investments lauds its renewable business mission as it rebrands as Octopus Renewables.
Details of the government’s Smart Export Guarantee (SEG) emerged earlier this week, eliciting responses that range from calling it “better than nothing” to welcoming an end to the “ongoing tragedy” of the policy gap between the feed-in tariff (FiT) and the SEG.
Arsenal’s Emirates stadium is now home to a behind the meter battery that will today begin trading solar power on the wholesale market following its unveiling yesterday.
Emerging players in the UK’s secondary solar market may struggle as portfolios become more disparate, heaping importance on owners having sufficient teams in place.
Octopus Investment, non-utility UK investor, is set to expand its £484 million solar portfolio refinancing that it closed earlier this year.