Octopus Renewables Infrastructure Trust (ORIT) has achieved strong net asset value (NAV) growth across 2022 primarily due to rising inflation and high power prices.
Bristol-based Thrive Renewables is offering its local energy co-operative up to 20% investment in its new 20MW/30MWh Feeder Road battery energy storage project.
Solar PV developments could be in jeopardy due to the rising cost of capital which threatens to derail renewable energy projects in the UK, Cornwall Insight has said.
The UK Government has announced a £205 million budget for the fifth Contracts for Difference (CfD) funding round, which is the first auction to run annually and the second in which solar can participate since 2015.
Bluefield Solar’s gains from fixed PPA prices will be largely offset by the new windfall tax on low-carbon generation, it said in its report for the second half of 2022.
Octopus Renewables Infrastructure Trust has increased its multi-currency revolving credit facility (RCF) by £120.8 million to bolster its global renewable portfolio.
In its first full year since IPO, Harmony Energy Income Trust (HEIT) has seen its asset value grow by 24.84% to £257.8 million, as demand for storage assets continues in Britain.
Global solar specialist NextEnergy Capital (NEC) has confirmed the third close of the NextPower UK ESG fund at £595 million, with plans to scale its new-build solar plants across the UK.
