finance

Matrix currently operates across Europe, the US and Latin America. Image: Matrix's Olivares PV plant in Spain.

Matrix Renewables takes on two energy storage projects in Scotland

April 10, 2025
Spanish renewable energy platform Matrix Renewables has announced its entrance to the UK market with the acquisition of two standalone battery energy storage system (BESS) projects in Scotland.
solar panels under a blue sky with large puffy clouds.

Aukera lands £135 million finance for UK solar expansion

April 8, 2025
Solar energy developer Aukera Energy has secured a £135 million senior debt facility from two international banks to finance the growth of its UK solar portfolio.
The two-hour-duration Smeaton BESS received planning permission in September 2024. Image: Scottish Government Energy Consents Unit.

Kona Energy secures £40 million capacity market contract

April 1, 2025
Developer Kona Energy has secured a circa £40 million capacity market contract for its 228MW/456MWh battery energy storage system (BESS) in East Lothian, Scotland.
According to the acquisition announcement, Drax sees the takeover as a “compelling opportunity” to add operating BESS assets to the wider Drax group’s FlexGen portfolio. Image: Harmony Energy Income Trust.

Drax lodges £200 million cash offer for Harmony Energy Income Trust

March 26, 2025
Drax has outbid Foresight Group LLP to acquire the share capital of the publicly-listed Harmony Energy Income Trust (HEIT) for £200 million.
At the beginning of 2024, the firm completed the largest ever operational ground-mounted solar transaction in the UK, taking on a 513.3MWp portfolio from Toucan Energy. Image: Pixabay.

Schroders Greencoat UK portfolio hits 2GW operational ground-mount solar

March 24, 2025
Schroders Greencoat, the renewables manager arm of Schroders Capital, has surpassed 2GW of operational ground-mount solar capacity in the UK.
solar panels in a field

British Solar Renewables acquires Little Crow solar-plus-storage NSIP

March 21, 2025
British Solar Renewables (BSR) has announced that it has acquired the Little Crow solar and storage project from INRG.
Local authorities and community energy groups will be supported by about £12 million to build clean energy projects. Image: Ed Miliband via X.

Great British Energy’s ‘first major project’ sees £200 million government investment into rooftop solar

March 21, 2025
Energy secretary Ed Miliband has announced the first project that his publicly owned energy company, Great British Energy, will undertake.
a 3d MOCKUP OF THE ECCLES BESS PROJECT

Zenobē lands financing for 400MW Eccles project

March 19, 2025
Battery energy storage system (BESS) firm Zenobē has announced that it has successfully financed its Eccles BESS project in Scotland,  in one of the biggest finance rounds in European history.
A BESS UNIT

Constantine Energy Storage secures £180 million financing for BESS portfolio

March 18, 2025
Constantine Energy Storage has landed a £180 million financing deal with a multi-national banking consortium for a 612MW battery energy storage system (BESS) portfolio.
close up of bess units

Harmony Energy Income Trust agrees to £190.8 million takeover offer

March 17, 2025
Battery energy storage system (BESS) investor Harmony Energy Income Trust has reached an agreement on the financial terms of a potential acquisition.

Email Newsletter

Most Read

EDF Renewables UK solar plant to power London Tube network

Firstway Energy secures planning approval for 100MW BESS

Energy secretary greenlights 140MW South Derbyshire solar project

UK, Ireland lead European renewable PPA market in May

Solivus, UrbanChain in shared commercial solar partnership

Upcoming Events

Green Hydrogen Summit UK & Ireland 2025

1 July 2025
London, UK

UK Solar Summit 2025

1 July 2025
London, UK

Wind Power Finance & Investment Summit

1 July 2025
Leonardo Royal Hotel London Tower Bridge, London, UK

Intersolar Mexico

2 September 2025
Mexico City, Mexico

Large Scale Solar Southern Europe 2025

16 September 2025
Athens, Greece
Solar Power Portal is part of the Informa Markets Division of Informa PLC
This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.
Copyright © 2025. All rights reserved. Informa Markets, a trading division of Informa PLC.

You are now subscribed!

Thank you for subscribing to the email newsletter. You can opt-out at any time.