To bolster the UK’s renewable generation capacity, the UK Government has today (3 August) unveiled a £22 million increase in funding for the Contracts for Difference (CfD) scheme, which will include solar.
Solar PV developments could be in jeopardy due to the rising cost of capital which threatens to derail renewable energy projects in the UK, Cornwall Insight has said.
DIF Capital Partners, together with ib vogt, has agreed to acquire a 100% interest in the largest UK co-located solar and battery portfolio from Cero Generation and Enso Energy, the companies confirmed.
Some of the UK’s solar stalwarts have welcomed the government’s consultation on allowing solar and onshore wind back into the Contracts for Difference (CfD) scheme.
Renewable players may need to get creative to stop geopolitics and energy market volatility from stifling corporate uptake of clean energy, RE-Source UK event hears.
Few could fault the government for rallying behind clean energy funding where others demur but are vague or localised measures enough for a world with 12 years left to limit global warming?
