finance

Solar and storage developer Elgin Energy has raised £25 million, and will target an ambitious medium-term growth strategy.

The Solar Power Portal editorial team is reporting live from Solar & Storage Live 2021, bringing you all the insight, news and views from the show floor.

The renewables sector has now had a few weeks to digest the Glasgow Climate Pact and in this episode of the Solar Media Podcast, brought to you in collaboration with Solar Energy UK, we hear the verdict directly from those who were there at COP26.

Octopus Renewables Infrastructure Trust (ORIT) has announced its intention to conduct a placing of up to 70,000,000 new ordinary shares to raise around £73.9 million.

NextEnergy Solar Fund’s (NESF) total installed capacity now stands at 895MW, with the company continuing to focus on long-term corporate power purchase agreements (PPAs).

Solar Power Portal listened into the sessions, to hear more on how power prices are driving solar growth and how the narrative needs to develop to help it go even further.

Harmony Energy has raised gross proceeds of £186.5 million through the placing and offer for subscription of its Initial Public Offering (IPO).

Solar Power Portal caught up with James Armstrong, managing partner of Bluefield Partners, the investment adviser of Bluefield Solar Income Fund, to discuss the decision behind investing in storage and how supply chain issues facing the industry are the “biggest single challenge” currently at play.

Penso Power has signed a new agreement with global maritime group BW Group that will see the build-out of the former’s UK battery storage pipeline fully funded.

EDP Renewables (EDPR) is aiming to cement its position in the UK renewables market, with plans to invest £660 million over the next five years.