Solar Markets & Finance

Octopus Renewables Infrastructure Trust (ORIT) has acquired a c.68MW ready-to-build solar PV project in Cambridgeshire from AGR Renewables.

Downing Renewables & Infrastructure Trust has announced a proposed issue of ordinary shares in order to raise approximately £50 million.

Commercial solar firm Atrato Onsite Energy (ROOF) has developed a 496MW pipeline of assets, with the company expecting interest in PV to rise with the increase in energy bills.

Bluefield Solar has raised £150 million to pay down its fully drawn Revolving Credit Facility (RCF) following its acquisition of a 93MW portfolio earlier this month.

Virgin Money has launched a new £200 million fund to help farmers decarbonise.

Solar materials and component prices have stayed high longer than expected and developers are now starting to feel the pinch, the latest episode of the Solar Media Podcast has discussed.

Gresham House Energy Storage Fund has raised £150 million following it announcing the new share placing earlier this week.

The average number of downtime days has nearly doubled in the solar sector globally, surging beyond the renewable sector-wide average rises of 38% on 2016 levels.

Gresham House Energy Storage Fund is to issue new ordinary shares with an intention of raising approximately £150 million.

Provisional results for the second auction in Ireland’s Renewable Electricity Support Scheme (RESS) have been published, showing that 1,534.1MW of solar PV was successful – equivalent to 78% of total capacity.