funding

A total of £265 million has been set aside for the Contracts for Difference (CfD) scheme, the Department for Business, Energy and Industrial Strategy (BEIS) has today (13 September) revealed.

Elgin Energy expects to accelerate the deployment of a significant portion of its utility-scale solar portfolio thanks to a new financing deal with German bank Berenberg.

A new exclusive long-term partnership will see £100 million invested into new commercial & industrial (C&) rooftop solar developments in the UK.

Gresham House Energy Storage Fund (GRID) is on track to own more than 1.2GW of operational battery energy storage systems after securing a deal to acquire 425MW of projects from Gresham House Devco and expanding its exclusive pipeline by a further 427MW.

Battery storage firm Zenobe has announced it is to start construction on its 100MW/107MWh battery at Capenhurst, near Chester.

Community energy groups will now be eligible to access Ofgem’s Decarbonisation and Innovation Funds.

JLEN is to fund new battery storage and biogas investments with the proceeds of a new oversubscribed £56.9 million placement.

A potential 80MW acquisition – plus Gore Street Energy Storage Fund’s 1.3GW development pipeline – is to be funded by the net proceeds of the company’s latest £135 million fundraise.

Elgin Energy is to progress a 210MW portfolio of subsidy-free solar following the closure of its first fundraise with Focus Capital Partners.

Clean energy company AMP has partnered with solar wholesaler Segen to offer more businesses and organisations solar energy.