Solar Markets & Finance

Image: Solar Media

Net Zero by Current±: Ahead of UK Solar Summit, Finlay Colville on the UK solar market

April 30, 2024
In this episode, Finlay Colville, head of research at PV-Tech and Solar Media, discusses how the UK solar market fares in comparison to other worldwide markets ahead of UK Solar Summit.
The solar accelerator will support PPAs for schools, businesses and other organisations. Image: Eden Sustainable.

Eden Sustainable secures £75 million solar accelerator facility from Thrive Renewables

April 24, 2024
Solar developer and construction company Eden Sustainable has secured £75 million from Thrive Renewables for a solar accelerator facility.
SolarEdge Home UK

SolarEdge announces compliance with cyber security regulation

April 12, 2024
SolarEdge has announced that its entire product portfolio complies with the UK’s Product Security and Telecommunications Infrastructure (PSTI) regulation.
Conrad Energy has secured planning permission for a 15.23MW solar farm in collaboration with Leonardo Helicopters. Image: Harmony Energy

Fifth Contracts for Difference round pushes UK solar forward

April 3, 2024
Gareth Simkins examines the winning projects of AR5 and looks ahead to assess how solar is likely to fare in future rounds.
An image of Gore Streets' Lower Road battery asset. Image: Gore Street.

Gore Street Energy Storage Fund generates average revenue of £16.1/MWh in January and February 2024

March 15, 2024
Gore Street Energy Storage Fund has detailed that its portfolio generated an average revenue of £16.1/MWh in January and February.
Foresight Solar expects to bring its 50MW Sandridge BESS project online in 2024. Image: Foresight.

Foresight Solar Fund exports 1,094GWh of electricity to the grid in 2023

March 12, 2024
Solar and battery storage investment firm Foresight Solar Fund confirmed it achieved a record year for electricity production in 2023.
An image of a NextEnergy Capital owned solar farm in the UK. Image: NextEnergy Capital.

NextPower V ESG secures US$100 million for solar and battery storage expansion

March 8, 2024
NextEnergy Capital has secured $110m (£85.75m) in capital funding for its solar and battery energy storage-focused fund NextPower V ESG.
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Spring Budget: ‘largest ever’ Contracts for Difference budget set at over £1 billion

March 7, 2024
The 2024 Spring Budget saw the chancellor of the exchequer Jeremy Hunt reveal that the budget for the next Contracts for Difference (CfD) auction will be set at over £1 billion.
Low Carbon Solar Farm Large

Lloyds Banking Group, Low Carbon sign PPA for solar energy

March 7, 2024
Lloyds Banking Group has signed a 10-year corporate Power Purchase Agreement (PPA) with independent power producer Low Carbon for UK solar.
Hive Energy will also use the bank guarantee facility to bolster its green hydrogen pipeline. Image: Hive Energy.

Hive Energy secures £19 million bank guarantee from Santander for solar and BESS pipeline

March 5, 2024
Hive Energy has secured a new £19m bank guarantee facility from Santander, supported by UK Export Finance (UKEF), to boost solar and BESS.

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