Solar Markets & Finance

The 2025 Renewables Procurement & Revenue Summit.

Personal connections and sophisticated financial mechanisms behind UK’s largest solar-plus-storage project

May 22, 2025
Strong relationships and the combination of a CfD and a PPA were key driving factors behind the successful financing of the Cleve Hill project.
Greencells entered the British market in 2014 and globally it has installed capacity of over 3.2GW. Image: Greencells Group's Haidemühl PV plant in Germany.

Greencells Group signs EPC, O&M contracts for 68.5MWp UK solar power plant

May 16, 2025
Germany-headquartered solar services provider Greencells Group has firmed its position in the UK market via two contracts with Enray Power.
EDF Renewables’ Longfield Solar Energy Farm won 299MW in the sixth round of the scheme. Image: EDF Renewables.

Contracts for Difference to be awarded on capacity ambition not monetary budget

May 12, 2025
Changes to the Contracts for Difference (CfD) scheme will replace the monetary budget applied to allocation rounds with a ‘capacity ambition’.
The development is sited near Selby in North Yorkshire. Currently, the largest operational solar plant in Yorkshire is the 55MW Skeeby projects owned and operated by Atrato Onsite Energy (pictured). Image: Atrato Onsite Energy.

Enray Power secures financing for first solar and BESS development

May 9, 2025
Enray Power, a solar PV developer-operator, has reached a financial close for its 68.5MWp solar power plant co-located with a 24MWh battery energy storage system (BESS).
Ethical Power put forward the three projects via Hive Ethical Project Developments, a joint venture with Hive Energy. Image: Ethical Power.

Ethical Power scores three solar PV planning consents

May 8, 2025
Ethical Power has been granted planning permission for three solar power plants with combined generation capacity of 63.4MW.
two white men in suits shake hands on a rooftop with a cityscape behind them

UrbanVolt agrees €40 million debt facility with HSBC

May 7, 2025
Dublin-based solar energy firm UrbanVolt has agreed a new €40 million (£34 million) debt facility with international bank HSBC.
Under Macquarie in the UK, Island Green Power will transition from a pure development business into an independent power producer. Image: Island Green Power.

Macquarie takes full ownership of Island Green Power

May 6, 2025
Australian investor Macquarie Asset Management has acquired an additional 50% stake in Island Green Power, a UK-based solar and battery storage developer.
Local authorities and community energy groups will be supported by about £12 million to build clean energy projects. Image: Ed Miliband via X.

GB Energy likely to use solar industry scheme for forced labour ban

April 29, 2025
GB Energy will work with the Solar Stewardship Initiative (SSI) to implement a government amendment prohibiting the use of solar modules linked with forced labour in its energy projects.
Danske Commodities’ first UK optimisation agreement was for the 25MW Blandford Road BESS (pictured) owned by Equinor. Image: Noriker Power.

Danske Commodities scores balancing agreement for Low Carbon solar plant

April 23, 2025
Independent power producer (IPP) Low Carbon has appointed Danske Commodities to provide balancing services for a UK solar power plant.
Equinor’s first UK BESS, the 25MW/50MWh Blandford Road project in Dorset, developed by Noriker Power, in which the Norwegian company holds 45% equity. Image: Noriker Power.

Low Carbon, Equinor seek to de-risk revenues from renewable energy portfolios 

April 10, 2025
UK developer Low Carbon and Norwegian energy holding company Equinor have announced moves that could help mitigate risks associated with their renewable portfolios.  

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Upcoming Events

PV ModuleTech USA 2025

17 June 2025
Napa, USA

Green Hydrogen Summit UK & Ireland 2025

1 July 2025
London, UK

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1 July 2025
London, UK

Wind Power Finance & Investment Summit

1 July 2025
Leonardo Royal Hotel London Tower Bridge, London, UK

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2 September 2025
Mexico City, Mexico
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