finance

Harmony Energy Income Trust has energised two grid-scale BESS assets, including one of the same size as flagship ‘largest project in Europe’.

In its first year, NextPower UK ESG (NPUK ESG), a private solar fund focusing on new-builds, acquired nine assets totalling 416MW of capacity.

Bluefield Solar Income Fund (BSIF) has seen its renewable generation production increase by 22% year-on-year (YoY) to 836GWh.

Battery storage asset owner and operator Varco Energy has secured £58 million of debt financing facilities from NatWest to fund its pipeline of battery energy storage systems (BESS).

Global solar and battery supply chain investigations continue to be a priority for Thrive Renewables, it said in its H1 financial results.

Solar Media’s market research team has now completed a week of site identification, matching up all of the awarded Contracts for Difference (CfD) projects within our overall pipeline of about 90GWp-dc of solar farms in the UK (across more than 1,300 sites).

Following the 71% decline in average profits for Britain’s battery storage market, a new report by LCP Delta has urged investors to consider more “sophisticated strategies” to increase revenue.

The flagship Contracts for Difference (CfD) renewable power auction published the results of its Auction Round 5 (AR5) last week, with solar projects securing almost 2GW of capacity out of a total of 3.7GW.

Battery energy storage fund Gresham House has released annual accounts for the first half of 2023, showing lower H1 2023 revenues and a drop in share value.

Confirming reports made earlier this week, battery storage developer Zenobē has secured an investment of c.£600 million from investment firm KKR.