finance

Last week, renewables developer and investor Hazel Capital was acquired by Gresham House. Tony Dalwood, chief executive of the asset management group, explains to Solar Power Portal what the acquisition means for both Gresham House and Hazel Capital; what projects will be brought forward from the existing pipeline; and what uncertainties lay ahead for UK energy storage.

E.On has launched a 12 month repayment plan for its solar and storage offering in an effort to help interested homeowners overcome the upfront costs of installing the technologies.

German renewables funders Capital Stage is lining up its first battery storage move, but stressed it could be some time before business models are mature enough.

Solarcentury has announced a major partnership with European renewables funder Capital Stage in a move which will provide a substantial boost to its international expansion.

Hazel Capital has been bought by investment manager Gresham House through a combination of cash and newly issued shares, which includes new investment in three energy storage projects.

Foresight Solar Fund has announced a fresh placing programme in a bid to raise £75 million to pursue new solar investment opportunities in the UK and Australia.

Investors in renewable energy technologies have had to undergo “a journey” from the fixed revenue offered by traditional solar projects to the “grey area” of energy storage revenues.

Established names in the solar industry such as Solar Edge, Wind & Sun and NEC are among those to have already rebooked for Solar & Storage Live 2018.

It is “100% certain” that a solid business case exists for commercial and industrial (C&I) users of electricity in Britain, delegates at this month’s Solar & Storage Live heard.

The Confederation of British Industry has added to the growing number of bodies, associations and other third parties to call for the inclusion of mature technologies in future auctions.