finance

Renewable Power Capital (RPC) is set to work with UK battery storage firm Eelpower to develop 1GW of utility scale energy storage capacity in the UK.

Income investment company, Harmony Energy Income Trust plc has reported a fall in average revenue this quarter following record highs in Q3, but assured stakeholders there was a “positive near-term outlook” in its Net Asset Value (NAV) and Portfolio Update as at 31 October 2022.

As a result of the Autumn Statement and the introduction of the windfall tax, Bluefield Solar Income Fund has estimated that its audited NAV would have decreased by 3 pence per ordinary share (pps).

Solar and energy storage specialist fund NextEnergy Solar Fund (NESF) has published its interim results as of 30 September 2022, which suggest that the new windfall tax will have a limited impact for its portfolio given its diversification.

Solar farm owner Toucan Energy Holdings has reportedly entered into administration, with Thurrock Council having run up debts of around £1.5 billion.

NextEnergy Solar Fund (NESF) has today published its first independent sustainability report, detailing its environmental, social and governance (ESG) initiatives and approach to biodiversity.

A 50MW battery energy storage facility being developed by Statera Energy has entered commercial operations in Malmesbury, Wiltshire.

Foresight Solar Fund (FSF) has recorded a 2.1% net asset value (NAV) increase to £771.2 million due to high-power forecasts and rising inflation.

The village of Sheriffhales, Shropshire has completed the acquisition of a 3.2MW solar farm to bring the array into 100% community-ownership.

EDF Renewables UK is to develop 50MW/100MWh of battery energy storage system (BESS) technology in the UK’s second Energy Superhub being constructed in Coventry.