Solar Markets & Finance

The UK’s newly introduced Electricity Generator Levy has seen Octopus Renewables’ net asset value (NAV) on its renewable portfolio decrease by £10.6 million as of 31 December 2023.

Closed end investment company Octopus Renewables Infrastructure Trust has increased its target dividend for the second year in a row.

NatWest, has signed a Corporate Power Purchase Agreement (CPPA) with EDF Renewables UK, which will see the retail and commercial bank benefit from 49.9MW of renewable power.

Two years into the Solar Export Guarantee and amid the record high power prices, Solar Power Portal talked to Gridcog to find out what sort of savings households could see from a rooftop solar installation.

A poll commissioned by electric utility company, Community Windpower Ltd (CWL) showed that 41% of the nationally representative sample of 1,000 UK adults disagreed with the proposed increase in windfall tax for solar and other renewably generated energy.

Following the end of the first share offer on 10 December 2022, the Big Solar Co-op, a Shrewsbury-based not-for-profit organisation, has announced that over 250 people have collectively invested more than £840,000 to support the development of a portfolio of solar projects.

The UK income fund, Bluefield Solar, has acquired a 46.4MWp solar portfolio from the North American firm specialising in real assets, Fengate Asset Management, increasing its portfolio to 813MWp.

Vantage RE has entered the project development space in the UK, with the acquisition of two solar schemes, both co-located with battery energy storage systems (BESS), from JBM Solar.

The Community Energy Kickstart initiate, a joint venture between Younity, Octopus Energy and Midcountries Co-operative, has awarded its first advance to Bristol Energy Coopertive to support a 1MW rooftop solar project in Hengrove, South Bristol.

Solar wholesale Midsummer is trading at a level that is three times its sales volumes from a year ago, as demand for solar continues to be strong.