finance

The site is being built in two phases, with the first, the 500MW Coalburn 1, expected to come online later this year. Image: Alcemi.

RES signs management agreement for 500MW/1GWh battery energy storage system in Scotland

July 18, 2025
Independent renewable energy company RES will manage the 500MW/1GWh Coalburn battery energy storage system (BESS), set to become one of Europe’s biggest.
Ed Miliband and secretary of state for education Bridget Phillipson visit a school in Sheffield to view their solar panels. Image: Zara Farrar / DESNZ.

Great British Energy awards £10 million funding for further rooftop solar rollout

July 17, 2025
The government-owned clean energy company Great British Energy has awarded mayoral authorities a total of £10 million in grant funding towards clean energy for community services.
Cero Generation and Enso Energy  connected the first solar-plus-storage facility in the UK transmission network last year when they started operations at the 49.5MW/99MWh BESS facility with the 70MW Larks Green solar plant (pictured). Image: Enso Energy / Cero Generation.

Cero Generation secures £200 million to build 360MW UK solar and storage portfolio

July 17, 2025
Cero Generation and Enso Energy have together reached financial close on a 360MW solar-plus-storage portfolio of projects in the UK.
Energy secretary Ed Miliband speaks and gestures out a hand on stage

Government reforms CfD rules for AR7

July 16, 2025
The UK government has greenlit a series of rule modifications for the upcoming Allocation Round 7 (AR7) auction round for the Contracts for Difference (CfD) scheme.
a drone photo of a large solar array

NextPower UK ESG energises 130MW of UK solar

July 14, 2025
NextPower UK ESG has announced that it has energised two UK utility-scale solar assets with a combined generation capacity of 130MW.
Image: Solar Media.

Rejection of zonal pricing brings ‘clarity not resolution’

July 11, 2025
The government’s decision to rule out a zonal electricity pricing system brings to a close a period of intense energy sector debate.
a white man in a black suit stands in front of a glass building

GB Energy appoints Dan McGrail as permanent CEO

July 9, 2025
Great British Energy has announced that Dan McGrail will remain chief executive of the state-owned energy firm, following his time as interim CEO.
solar panels in a field stretching away from the camera

British Solar Renewables raises £345 million for 609MW of clean energy

July 4, 2025
Clean energy developer British Solar Renewables (BSR) has secured £345 million debt facility for 609MW of 12 solar and co-located solar-BESS projects. 
solar PV cells in a field

UK solar capacity approaches 19 GW milestone

June 30, 2025
The latest figures from the Department of Energy Security and Net Zero (DESNZ) show that solar capacity has risen by 8.1% year on year.
Planning permission has been granted for the projects located in Harley, Kent, and construction and battery supply agreements are due to be signed shortly. Image: Gresham House.

Gresham House Energy Storage Fund finances augmentation of Glassenbury BESS

June 26, 2025
Listed fund Gresham House Energy Storage Fund (GRID) has completed a third-party equity funding of £8.6 million to finance the augmentation of the combined 50MW Glassenbury projects.

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NESO’s Future Energy Scenarios show the foundation for net zero is already laid

Rejection of zonal pricing brings ‘clarity not resolution’

Great British Energy awards £10 million funding for further rooftop solar rollout

Government reforms CfD rules for AR7

NextPower UK ESG energises 130MW of UK solar

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