Equity fund DIF has announced the “UK’s first” bankable and unsubsidised co-located Power Purchase Agreement and optimisation agreement (hybrid PPA) for solar.
Following energy minister Graham Stuart’s assurances that the Government is working hard to meet it’s 70GW solar target on the first day of Solar Media’s UK Solar Summit 2023 (27 June) the close of the second day of the event saw a panel of experts discuss what risks threaten the success of this new era of solar.
As much as 500MW of additional large-scale battery storage capacity could be built in the UK in 2019, increasing its capacity by more than 70% to 1.2GW. Lauren Cook, analyst at Solar Media Market Research, reports.
Foresight Solar Fund basked in last year’s sunshine to report significant growth in 2018, but the coming years look set for a “more opportunistic approach”, the fund said today.
Solar farms could be able to compete for contracts in the Capacity Market as early as winter 2019/20 if new government proposals, launched yesterday, are approved.
Guidance issued by the transmission system operator (TSO) National Grid on how to co-locate energy storage with generation facilities has been welcomed by an analyst at the Renewable Energy Association.
