finance

Teesworks has revealed plans for a 1GW battery energy storage system (BESS) in partnership with renewables developer NatPower.

Recurrent Energy, a subsidiary of Canadian Solar, has secured a multi-currency revolving credit facility worth up to €1.3 billion (£1.1 billion) to finance new solar projects in several countries, including the UK.

International diversification helped the Fund, which trades on the London Stock Exchange under the GSF ticker, maintain average revenues across its portfolio.

Fundraising efforts have raised £625 million so far, with additional funding secured from an unnamed UK defined benefit pension scheme.

Many businesses and public buildings in the UK will soon install solar panels, thanks to over half a billion pounds of government funding.

Cardiff-based Nuvolt has installed solar panels at Marston’s headquarters, St Johns House to generate 87.73MWh of clean energy yearly.

The Advanced Curtailment Report will help by providing more data and support around curtailment through the connections process.

Aura Power secures £10 Million funding from Novuna Business Finance to progress its global development pipeline.

The University of Manchester has partnered with Enviromena to meet 65% of its electricity demand with energy from a new renewables project.

On behalf of the Tom Duke Life Interest Trust, Savills has announced the freehold investment opportunity of its 9.34MW solar farm.