Solar Markets & Finance

NextEnergy and Eelpower sign £100m JV to develop 250MW of storage

17 Sep 2021, 10:56

NextEnergy Solar Fund has signed a £100 million Joint Venture Partnership (JVP) with battery storage specialist Eelpower.

Highest power prices since Foresight’s inception drive strong H1 results

16 Sep 2021, 13:17

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.

BEIS sets out CfD pot budgets ahead of December auction

13 Sep 2021, 10:29

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.

New market entrant Evolution Power takes aim at 3GW of UK renewables

10 Sep 2021, 16:01

Evolution Power – a new entrant to the UK renewables market – has partnered Finnish sustainable investment group Korkia to fund an initial 1GW pipeline.

Segen bought by City Electrical Factors’ parent company

9 Sep 2021, 10:24

Residential and commercial rooftop solar PV system distributor Segen is to be acquired by Labora Holdings Limited, the parent company of electrical products and services supplier City Electrical Factors (CEF).

Solarwatt launches UK subsidiary as it eyes expansion

2 Sep 2021, 10:30

Glass-glass solar module leader Solarwatt has established a new UK subsidiary to reinforce its presence in the market.

TRIG announces new share issue as it eyes new opportunities

1 Sep 2021, 11:05

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 agrees financing for 50 solar projects across Ireland and UK totalling 1.36GWp

24 Aug 2021, 12:51

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.

Ortus Energy teams up with Fiera Infrastructure for £100m C&I solar investment

23 Aug 2021, 10:24

A new exclusive long-term partnership will see £100 million invested into new commercial & industrial (C&) rooftop solar developments in the UK.

Field unveils 160MW storage pipeline following £10m fundraise

17 Aug 2021, 11:21

Field has secured a pipeline of 160MW of battery storage sites in the UK, and begun construction of the first of these, the 20MW Oldham site.

Bluefield acquires its first co-located solar and energy storage project

16 Aug 2021, 11:05

Bluefield Solar Income Fund has acquired a ready to build 45MWp solar and 25MWp storage site in northeast Lincolnshire.

Downing opens new renewable development business

13 Aug 2021, 11:30

Downing LLP has established a new renewable energy project development business, focused on building a pipeline of solar, wind and battery storage projects in the UK.

British Solar Renewables seeking full acquisition as it enters next growth phase

13 Aug 2021, 11:14

British Solar Renewables (BSR) is exploring acquisition opportunities after recognising it will need increased access to construction finance and growth capital.

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