Solar Markets & Finance

Telecommunications giant Vodafone UK has signed a second corporate solar power purchase agreement (PPA) with Mytilineos and Centrica.

By setting a “realistic budget and more sustainable prices” for renewable electricity in the upcoming Contracts for Difference (CfD) auction, the UK Government could bolster private investment within solar, RenewableUK said.

Octopus Energy has launched a brand new tariff for customers with solar, a battery and an electric vehicle at home.

Zenobē secures £235 million to develop two battery energy storage projects in Scotland. The agreement also includes a £400 million accordion facility that will be used to debt finance expansions as well as future projects.

The seventh annual Global Energy Talent Index (GETI) examined how the “tectonic shifts” happening in the energy industry have affected the job satisfaction and career aspirations of its employees.

Energy supplier Good Energy is launching a new smart export product for its Feed-in-Tariff (FiT) customers.

Renewable investment company, Foresight Solar Fund, has released its Net Asset Value (NAV) and Trading update for Q4 2022 reporting a slight increase in its unaudited NAV and forecasting that inflation will offset downward pressure caused by the windfall tax.

Across Europe, the number of power purchase agreements (PPAs) increased by 4.5% in 2022, according the European PPA Market Outlook 2023 conducted by Pexapark.

The UK saw some of the biggest increases in solar power purchase agreement (PPA) prices in Europe in Q4 2022, jumping 30%.

The economics of developing solar have “decisively switched” according to a panel of experts this week, but development still faces a number of barriers with the most significant being the grid.