Thermal energy storage firm Sunamp has received a £6 million convertible loan note investment from the Scottish National Investment Bank.
A new renewables firm with the backing of SSE has been launched with a focus on roll-out of large-scale solar and wind farms across the UK and Europe.
Pacific Green Technologies is to finance the construction of its 99.8MW battery energy storage system with £23 million of debt financing.
All signs point to growing solar installations this year, with up to 191GW expected to be deployed, but reaching that figure won’t be without its challenges as procurement remains subject to shipping constraints and higher costs, the September 2021 episode of the Solar Media Podcast hears.
Gresham House Energy Storage Fund has seen the EBITDA generated by its portfolio soar to £22.4 million in the first half of this year, jumping from £4.5 million in H1 2020.
NextEnergy Solar Fund has signed a £100 million Joint Venture Partnership (JVP) with battery storage specialist Eelpower.
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.
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.
Evolution Power – a new entrant to the UK renewables market – has partnered Finnish sustainable investment group Korkia to fund an initial 1GW pipeline.
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).
Glass-glass solar module leader Solarwatt has established a new UK subsidiary to reinforce its presence in the market.
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 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.
A new exclusive long-term partnership will see £100 million invested into new commercial & industrial (C&) rooftop solar developments in the UK.
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 Solar Income Fund has acquired a ready to build 45MWp solar and 25MWp storage site in northeast Lincolnshire.