House of Lords calls on Government to support community energy projects
Members of the House of Lords have called on the Government to promote the growth of community energy projects in its new Energy Bill.
Solar Markets & Finance
Shell to purchase 100MW of solar farms from Anesco
Shell is to purchase 100MW of solar farms currently being developed by Anesco.
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Investment managers AIMCo and Railpen acquire Constantine Energy Storage
Alberta Investment Management Corporation (AIMCo) and investment manager Railpen have jointly acquired a 94% stake in UK battery storage company, Constantine Energy Storage (CES).
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Norwegian investor Magnora takes first step into UK solar and storage market
Norwegian renewable energy investor Magnora has entered the UK solar and storage market, with an initial investment into a 60MW solar PV project and a 40MWh Battery Energy Storage System project.
Editor's blog
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Unlocking and deploying £25-30 billion to propel UK solar capacity to 40GW-plus by 2030
Ahead of the upcoming UK Solar Summer, Solar Media's head of market research Finlay Colville takes a look at the speed with which all segments of the solar market are growing in the UK at the moment.
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CfD winners eye first contractual milestone as LCCC receives all signed contracts
Low Carbon Contracts Company (LCCC) have now received all of the 99 signed contacts from July’s Contracts for Difference (CfD) auction, as projects start eying their first contractual milestones.
Foresight Solar acquires second battery energy storage asset as high power prices drive up NAV
Foresight Solar has completed its second acquisition of a standalone battery energy storage asset.
British Solar Renewables acquired by ICG Infra
Integrated solar developer British Solar Renewables (BSR) has been acquired by global alternative asset manager ICG’s debut infrastructure fund, ICG Infra.
Gore Street sees net income surge 191% as average revenue for assets increases by 68%
Gore Street saw its net income increase by 191% over the year to 31 March 2022, whilst the EBITDA of its operational portfolio surged 704%.
Greencoat Renewables makes maiden Irish solar acquisition
Investor Greencoat Renewables has made its first solar acquisition in Ireland, agreeing to acquire an 80.5MWp project from Statkraft.
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UK installs 556MW of new solar capacity in first six months of 2022
During the first six months of 2022, the UK posted 80% growth in new solar PV installations compared to the same period last year, with 556MW of capacity installed. Solar Media's head of market research Finlay Colville explains the factors driving this growth and what can be expected for the rest of 2022 and into 2023.
UK solar PPA increases 18.4% in Q2 to over £60/MWh in new European PPA Index
Solar power purchase agreements (PPA) in the UK rose 18.4% during Q2 and exceeding £60/MWh, but less than the 24% increase of wind prices.
Editor's blog
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CfD Round 4 analysis: Where are the sites and who were the winners?
Solar Media's head of market research Finlay Colville takes a look at last weeks CfD auction winners and how the projects are spread out around Britain.
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Solar secures 2.2GW in latest Contracts for Difference auction
Solar has secured more than 2.2GW at a price of £45.99/MWh in the latest Contracts for Difference (CfD) auction.
OVO to invest £1m in solar and wind farms via REGO PPAs
OVO will invest £1 million to support new solar and wind farms through power purchase agreements (PPAs).
Boralex acquires 338MW of solar and wind development from Infinergy
Canadian developer Boralex has acquired renewables developer Infinergy’s 338MW pipeline of renewables and energy storage developments in the UK.