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.
Solar Markets & Finance
UK battery storage capacity could reach 70% growth in 2019 as business models evolve
As much as 500MW of additional large-scale battery storage capacity could be built in the UK in 2019, increasing its capacity by more than 70% to 1.2GW. Lauren Cook, analyst at Solar Media Market Research, reports.
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.
Solar developers lacking in-house expertise post-regulatory upheaval
Regulation changes are forcing solar developers to out-source staff needed to complete projects, says energy consultancy Roadnight Taylor.
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.
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.
Lightsource BP completes latest subsidy-free, private wire solar farm
Lightsource BP has connected another subsidy-free, private wire solar farm, this time a 2.3MWp install in Lancashire.
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Solar industry lauds ‘ambitious’ Labour proposals
Ambitious Labour Party plans to install solar on 1.75 million homes in the UK have been strongly welcomed by the country’s domestic solar industry.
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.
HMRC solar VAT proposals will hinder country’s net zero target, CCC says
HM Revenue & Custom proposals to increase VAT on solar panels will hinder the country’s progress towards a net zero economy, Committee on Climate Change (CCC) chief Chris Stark has said.
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.
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.
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.