STA confirms Léonie Greene to depart
The Solar Trade Association today paid testament to Léonie Greene after it was announced she would be standing down from the trade body after more than eight years.
Solar Markets & Finance
EDF buys Pivot Power to accelerate battery storage move
EDF has acquired UK battery storage developer Pivot Power in a move designed to spearhead its position in the country’s energy storage market.
RedT secures interim loan to progress merger talks
Energy storage firm redT has secured a £1.9 million interim loan from proposed merger partner Avalon to keep it going until a potential deal concludes.
14.7MW community-owned solar farm seals £16.3m financing package
A 14.7MW community-owned solar farm in Warwickshire has clinched a new refinancing package from ethical banking firm Triodos and Social and Sustainable Capital (SASC).
PODCAST: Inside Britain’s net zero bid and changing battery storage regulation
Solar Media’s Liam Stoker and Andy Colthorpe return for episode three of the Solar Media Podcast, taking an extensive look at Britain’s net zero legislation. Is 2050 ambitious enough? Is 2025 too ambitious? What’s the sweet spot, and what’s needed for the country to be in with a chance of attaining it?
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Tesco unveils major green electricity project, including 187 onsite rooftop solar installs
Supermarket giant Tesco has announced a major green electricity project, including the installation of solar panels on 187 of its sites covering 335,000m2.
Brexit unlikely to have ‘major impact’ on solar but concerns on costs, imports remain
While a lot of uncertainty still remains with regards to renewables after Brexit, the growth of subsidy free solar, along with net zero and other targets enshrined in UK law, and the World Trade Organisations (WTO) arrangements should reassure the solar industry. But concerns over imports, skilled staff and growing costs remain.
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Limejump and Bluefield Solar Income Fund sign PPA
Flexibility aggregator Limejump has signed a short-term Power Purchase Agreement (PPA) with Bluefield Solar Income Fund. Limejump will manage the power sale for four solar farms owned by Bluefield, using its Virtual Power Platform (VPP).
Gresham House falls short in £41.6 million energy storage fund raise
Gresham House has raised £41.6 million through a new share placing to fund both its existing pipeline and a new pipeline of operational and new build assets, falling short of the £58 million it originally targeted.
Gore Street secures sovereign wealth fund backing for 60MW Republic of Ireland storage duo
Gore Street Energy Storage Fund has received a £9.5 million boost for two storage projects recently awarded contracts in the DS3 flexibility market.
Gresham House plots £58 million raise to pursue energy storage pipelines
Energy storage investment fund Gresham House has unveiled a new share placing, the proceeds of which will allow it to “grow materially” in the UK energy storage market.
Foresight to ‘optimise’ capital structure, pay down debt with new share placing
Foresight Solar Fund has announced its intention to raise funds via a new share placing in order to pay down its existing debt.
Wyelands Bank eyeing early-mover status in UK subsidy-free solar finance rush
Wyelands Bank has set its sights on becoming one of the early movers in subsidy-free solar finance in the UK, investing in a range of projects in a bid to stimulate the market.
RedT stems losses as Avalon merger talks continue
Vanadium flow machine specialist redT has trimmed its losses as discussions over a planned merger with US storage firm Avalon continue.
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UK solar, storage and new calls for collaboration
Bluefield heralds arrival of UK subsidy-free solar, makes maiden pipeline agreements
Bluefield Solar Income Fund (BSIF) has heralded the arrival of subsidy-free utility-scale solar in the UK, confirming it has dipped its toe into the waters with a handful of pipeline agreements.