RenewableUK urges government to lift CfD cap to 15GW
RenewableUK’s new chief executive Dan McGrail is calling for the government to increase the cap for the next round of Contracts for Difference (CfD) auctions by 25%.
Solar Markets & Finance
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Octopus acquires 250MW Irish solar portfolio from Statkraft
Octopus Renewables Infrastructure Trust (ORIT) to acquire a portfolio of five Irish solar sites with an expected combined capacity of up to 250MW.
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Bluefield eyes further expansion following £105.1m fundraise
Bluefield Solar Income Fund has raised £105.1 million through an oversubscribed share placing, to target further diversification and expansion of its assets.
Pinergy acquires Solar Electric as it targets Irish solar growth
Irish designer and installer of solar renewables and energy storage systems Solar Electric has been acquired by smart energy solutions business Pinergy.
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Highfield Solar secures funding for 282MWp of developments in Ireland
Highfield Solar has secured one of the first large-scale solar construction financing deals in Ireland for the development of two sites totalling 282MWp.
PODCAST: Solar supply chains under the microscope; World must move faster for net zero
The latest episode of the Solar Media Podcast, sponsored by Honeywell, is now available to stream featuring discussion around recent scrutiny on solar supply chains.
London floating solar array secures £40k from Mayor’s Resilience Fund
A floating solar development to be located in London’s Royal Docks set to provide renewable energy directly to London City Airport has won £40,000.
Gore Street hails ‘exceptional period’ as Dynamic Containment helps triple net income
Gore Street Energy Storage Fund saw its NAV increase 192% in the year ending March 2021, as its portfolio continued to expand to 440MW.
Treasury reluctant to reduce VAT on green products including solar
The Treasury has outlined reluctance to change the VAT level on green products, following calls from industry for reductions to accelerate the rollout of technologies like solar panels and heat pumps.
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Maximum uptake for solar generation increases ‘substantially’ in FES21
Continued price reductions are expected to increase the uptake of solar panels through the late 2020s, National Grid ESO has found.
Strong solar generation helps UK place sixth globally for renewable generation
Thinktank Ember has ranked the UK as sixth in the world for wind and solar generation, with the technologies contributing 29% of its electricity mix in 2020.
MPs call for ban on import of solar products from Xinjiang to tackle human rights abuses
The UK’s Foreign Affairs Committee has called for a ban on the import of solar panels from Xinjiang Province, China, to tackle forced labour in the supply chain.
Cross-party group of MPs call for community energy to be ‘fully enabled’
A cross-party group of MPs have called on the government to enact a ‘Right to Local Supply’ as they debated new rules to enable clean community energy.
Mytilineos acquires 14MW of solar projects in Ireland from Elgin Energy
Greek industrial conglomerate Mytilineos has acquired a 14MW solar portfolio in Ireland from Elgin Energy
Feature
Q&A: Younity’s Tom Hoines on supporting community energy in a ‘very competitive market’
Solar Power Portal caught up with Tom Hoines, MD of Younity, about the challenges for community energy organisations in finding projects in a "very competitive market" and the need to encourage more involvement in community energy.
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Lightsource Labs and Pure Planet team up for solar and storage offering
Energy technology company Lightsource Labs has teamed up with supplier Pure Planet to develop a domestic solar and storage solution.