PV

Foresight Solar Fund basked in last year’s sunshine to report significant growth in 2018, but the coming years look set for a “more opportunistic approach”, the fund said today.

Political pressure on the government’s decision to close the feed-in tariff with no replacement scheme in place has ratcheted up ahead of the closure of a consultation on the future of solar policy in the UK.

Statkraft has partnered with energy & meteo systems to launch a 1GW wind, solar and battery storage virtual power plant in the UK, which it says will further renewables’ penetration into the country’s energy market.

A new community-owned renewable energy asset manager has been launched to serve communities and commercial clients across the UK, acquiring Mongoose Energy’s asset management business in the process.

The advent of unsubsidised solar in the UK is accelerating and Bluefield Solar Income Fund (BSIF), one of the top five asset holders in the UK, now expects its previous patience in the field to pay off.

GRIDSERVE has unveiled that it is to start construction on a 37.4MW solar farm and 27MW battery storage project imminently, in what is being billed as the UK’s most technologically advanced solar farm to date.

Cubico Sustainable Investments has raised around £272 million to refinance a 200MW portfolio of onshore wind and solar PV assets in the UK.

Tesla is launching hardware which adds backup power capabilities to its Powerwall domestic battery storage system for the first time in Europe.

A ban on Solarplicity’s energy supply outfit from taking on new customers will not affect its flagship solar rollout scheme, the company has said.

When Hitachi suspended development of its planned new nuclear power plant at Wylfa in early 2019, many thought the news would blow a hole in the country’s decarbonisation plans. But as costs continue to fall, even the UK government, not usually considered to be renewables’ closest ally, has pointed to the technologies’ role in plugging that gap. Liam Stoker looks at what might be required.