finance

Legislation to increase the rate of VAT attached to solar panels and home batteries to 20% move forward yesterday following a legislation committee hearing that included accusations of government errors and “bombast and windbaggery”.

Last summer’s heatwave helped double NextEnergy Solar Fund’s profits, but the adverse effects of high temperatures dragged down its overall performance, the company said.

Tesco is to install around 5MW of rooftop solar PV across its UK site portfolio after penning a PPA agreement.

Solar Power Portal has today launched a new survey in a bid to determine just how effective recent policy movements in the UK energy market could prove for domestic solar.

NextEnergy Solar Fund (NESF) has confirmed that it has kickstarted the build-out of its UK-facing subsidy-free solar pipeline.

Foresight Group has clinched a deal to acquire John Laing Environmental Assets’ (JLEN) advisory mandate, propelling Foresight’s assets under management to £4 billion.

A collapse in the number of residential solar installs has prompted politicians to call for urgent action to fix renewables’ “policy void”.

Gore Street Energy Storage Fund, one of the country’s maiden listed energy storage investors, has entered into agreements to acquire a 160MW portfolio of battery storage projects in Northern Ireland and the Irish Republic.

Glennmont Partners is to channel hundreds of millions to European solar PV projects over the next decade through a newly-closed fund, after it closed a record-breaking third raise.

Thrive Renewables has revealed record profits as costs of solar and wind fall, with greater investments on the cards.