finance

UK battery energy storage system (BESS) project premiums have fallen 15% in the last few months, a source told our sister site Energy-Storage.news.

Clean energy solutions company, Enviromena has announced a £65 million equity raise supporting a portfolio target of over 500MW.

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.