Storage

Liam Stoker draws parallels between the UK’s comparatively meagre solar growth forecasts, Brexit, and “talking Britain down”.

Hive Energy has confirmed it is the developer behind ambitious plans for a huge solar farm on the north Kent coast which could have a final generation capacity in excess of 350MW.

UK households with solar PV look set to pay increased network charges in the future after Ofgem provided an update on its targeted charging review earlier this evening (6 November 2017).

Last week, renewables developer and investor Hazel Capital was acquired by Gresham House. Tony Dalwood, chief executive of the asset management group, explains to Solar Power Portal what the acquisition means for both Gresham House and Hazel Capital; what projects will be brought forward from the existing pipeline; and what uncertainties lay ahead for UK energy storage.

E.On has launched a 12 month repayment plan for its solar and storage offering in an effort to help interested homeowners overcome the upfront costs of installing the technologies.

The UK’s solar market is set for a rebound in the coming years but will lose ground to the rest of Europe as a result of government policy decisions, leading consultancy EY has concluded.

German renewables funders Capital Stage is lining up its first battery storage move, but stressed it could be some time before business models are mature enough.

Solarcentury has announced a major partnership with European renewables funder Capital Stage in a move which will provide a substantial boost to its international expansion.

The UK’s large-scale battery storage installations have reached 100MW of capacity, made up of around 50 individual sites larger than 250kW. However, as Solar Media Market Research analyst Lauren Cook explains, data from the UK Battery Storage Project Database report shows that this is just the beginning, with revenue stream patterns emerging to show how projects are proving to be successful.

Hazel Capital has been bought by investment manager Gresham House through a combination of cash and newly issued shares, which includes new investment in three energy storage projects.