Clean Energy

Primrose Solar has secured a £42 million debt financing deal with Deutsche Bank to refinance the Eveley solar farm it purchased in December last year.

Following months of in fighting, confrontation and bitter debate, the UK is set to leave the European Union after Brexit drew 52% of the vote. It remains unclear at this early stage what immediate or indeed long term effect the decision will have on the UK and its energy market. However, there are looming question marks over a whole range of issues related to the UK and European energy markets as Alex Harrison, counsel at international law firm Hogan Lovells, explains.

The decision taken by just over half of the voting electorate to leave the European Union has sent shockwaves throughout the UK, among both the Leave and Remain camps. The dust will take a while to settle but reactions are likely to be flying in for some time on a day that has rocked the UK political and economic landscape.

Concerns over the future of UK energy policy have quickly emerged as a direct result of last week’s vote to leave the European Union, with trade organisations and independent commentators calling on government to show it remains committed to the low carbon agenda.

Portsmouth City Council (PCC) is preparing to award a tender offer worth up to £10 million which will see solar panels rolled out on council owned buildings across the city over the next four years.

Lightsource is to invest £25 million in the deployment of solar PV across thousands of residential properties in Northern Ireland.

EvoEnergy has completed what it has called one of the highest solar installations in the UK after fitting a 26kWp system on top of the redeveloped South Bank Tower, which stands 42 storeys high.

Luxcara has continued to boost its UK solar assets by acquiring two additional farms from Conergy, which will add 19.6MW of capacity to the German company’s renewable energy portfolio.

Solarcentury has donated solar panels to help power the Greenpeace Field at this week’s Glastonbury Festival, supporting the charity’s low carbon theme for this year’s event.

A new report from MPs scrutinising the government’s energy policy has called for significant and wide-ranging changes to the UK’s grid governance and policy landscape if the country is to transition towards low carbon network infrastructure.