Solar Markets & Finance

Solar Power Portal is today canvassing the UK’s small-scale renewables sector to build its response to the government’s cliff-edge removal of support.

Foresight Solar Fund (FSFL) has laid claim to the top spot among UK-listed solar investors having completed the acquisition of a 114MW portfolio.

Major utility E.On has urged the UK government to encourage homeowners to take up solar PV and batteries in the midst of growing policy uncertainty.

Lightsource BP has expanded its footprint in the private-wire solar space with the completion of a new project in Northern Ireland.

The Irish government has approved the country’s long-awaited Renewable Electricity Support Scheme (RESS), with the first auction set to take place in 2019 after state aid approval has been secured from the European Union.

The Department for Business, Energy and Industrial Strategy (BEIS) expects sub-5MW solar deployment to fall to between 50MW and 100MW each year as a result of its closure of the feed-in tariff scheme, its impact assessment reveals.

The green economy has widely condemned the government’s post-subsidy renewables vision, deriding it for a lack of clarity and the potential for it to have “worrying” and “truly bizarre” consequences.

The government has confirmed it will close the small-scale feed-in tariff (FiT) on 31 March 2019 as planned and, crucially, close the export tariff to new installations at the same time.

Solar installer HBS New Energies has completed the first installation for Anglian Water under a 30MW solar deployment programme backed by investment giant Macquarie.

The government is keen to avoid a “bonanza” of people “gaming the system” as it continues to mull a replacement for the small-scale feed-in tariff scheme.