Solar Markets & Finance

ScottishPower has announced the launch of consumer finance options for it battery storage and solar PV offering for the first time.

Global renewable energy company Low Carbon has increased its solar PV construction facility by £310 million with aims to develop an additional 448MW of solar PV projects in the UK and the Netherlands.

Bluefield Solar’s unaudited Net Asset Value (NAV) fell slightly in the first quarter of the year, to £850.2 million, or 139.1 pence per share. The company posted a NAV of £870.7 million in Q4 2022.

Next Energy Solar Fund (NESF) has confirmed that its portfolio achieved a generation outperformance of 3.8% against budget for 12 months ended 31 March 2023.

Following the release of Foresight’s Q1 financial results for this year Solar Power Portal caught up with managing director at Foresight, Ross Driver, to discuss the company’s highlights from Q1 2023, geographical diversification and the UK Government’s net zero strategy.

According to Octopus Renewables Infrastructure Trust plc’s (ORITs) Q1 2023 financial results, lower forecast wholesale power prices across Europe were the biggest contributor to the company’s Net Asset Value (NAV) decrease.

Triodos Bank UK is launching a new £2 million community energy bond on its crowdfunding platform to refinance two 5MW solar farms.

Trade association Solar Energy UK has welcomed a letter sent by MPs from the Environmental Audit Committee (EAC) demanding that the government should tackle long grid connection waiting lists for solar and battery projects.

Residential solar marketplace Otovo says solar installation prices fell by 13% in a six month period to March 2023 for British households.

Schroders Capital has announced that it has received approval from the UK’s Financial Conduct Authority for its second Long-Term Asset Fund (LTAF), and the first dedicated to renewable energy.