Solar Markets & Finance

While the majority of generating technologies eligible for CfD allocation have TWCs of 12 months, solar has a three-month window due to its relatively quick pace of commissioning. Image: Unsplash.

Government proposes longer commissioning window for solar CfDs

February 24, 2025
The UK government is consulting on reforms to its renewables auction scheme, including a longer target commissioning window (TWC) for solar PV.
CP30 requires current generation capacity on the grid to double over the next five years. Image: Roger Cornfoot via Wikimedia Commons.

Solar industry cautiously backs Ofgem’s grid connection reform approval

February 14, 2025
Energy regulator Ofgem has approved grid connection reform, a move that solar trade association Solar Energy UK supports.
a map showing the layout of the future solar site

Aura Power lands £33.1 million finance for 40MW solar project

February 14, 2025
Renewable energy developer Aura Power has reached financial close on the Burtree Lane solar project thanks to a deal with Rabobank.
an image split between a close up of solar panels and a person working on a BESS asset

L&G NTR Clean Power fund acquires 211MW Irish BESS and solar portfolio

February 13, 2025
The Legal & General (L&G) NTR Clean Power Fund has acquired a ready-to-build solar and battery energy storage system (BESS) portfolio from Strategic Power Projects (SPP).
solar panels lit by the sun in a field from above

Low Carbon inks ‘landmark’ solar PPA to power Maybourne’s London hotels

February 12, 2025
Global renewable energy firm Low Carbon has agreed a new power purchase agreement (PPA) with luxury hotel chain Maybourne, powering Maybourne’s hotels with 100% clean solar energy.
solar panels from above in a line

Solar industry remains sceptical of NESO’s grid connection reforms

February 12, 2025
Here, we explore what NESO’s proposed reforms are, how they might impact the solar energy sector and the renewable energy industry more broadly, and the feelings of the sector.
L-R Mark Wakeford, Andrew Eldred, and Tracey Elliot at the Solar Finance and Investment Europe conference 2025.

Human capital and the green skills gap

February 5, 2025
The green skills gap is “both manageable and requiring of active engagement”, according to a panel industry leaders.
Trainees on the ReStart for Veterans course by RePower Ukraine. Image: RePower Ukraine.

How RePower Ukraine is keeping the lights on

February 5, 2025
Renewable energy generation has been maintaining power supply in Ukraine through the ongoing Russian invasion.
L-R: Ben Fulton, Simon Wannop, Michiel Adriaanse, Anastasios Christakis at Solar Finance and Investment Europe 2025

The challenges of retrospectively co-locating solar and storage

February 5, 2025
The grid connection process is one of the most significant challenges to co-located solar and battery energy storage system (BESS) projects, a panel of experts has noted.
L-R: Chris Hewett, Ben Fawcett, Remy Gillet, and Mark Waterford and Solar Finance and Investment Europe.

‘Political will has increased’ – enabling the UK’s solar and storage ambitions

February 4, 2025
The new UK government has brought positive changes to the UK’s solar sector, but more needs to be done, industry leaders say.

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