investment

Due to high irradiation, solar PV and battery storage fund Foresight Solar Fund saw its UK assets produce 8.6% above budget last year.

Solar and battery storage company Anesco has energised a 10MW solar farm in Milford Haven, Pembrokeshire, to supply Dragon liquefied natural gas (LNG) with green energy.

Gore Street Energy Storage Fund has declared its estimated unaudited net asset value (NAV) per share increased to 113.5 pence as of 31 December 2022.

SNRG has set a target to install 300MWp of rooftop-based solar and 250MW of commercial battery energy storage by 2028 using its SmartGrid technology.

The 66,000-seater 2012 Olympic stadium, which is now home to West Ham United, could soon install a solar PV membrane on its roof.

Octopus Renewables Infrastructure Trust has increased its multi-currency revolving credit facility (RCF) by £120.8 million to bolster its global renewable portfolio.

Global solar specialist NextEnergy Capital (NEC) has confirmed the third close of the NextPower UK ESG fund at £595 million, with plans to scale its new-build solar plants across the UK.

By setting a “realistic budget and more sustainable prices” for renewable electricity in the upcoming Contracts for Difference (CfD) auction, the UK Government could bolster private investment within solar, RenewableUK said.

The cost of developing solar projects has increased in upwards of 50% as a result of the Electricity Generator Levy and inflation, Energy UK has said.

Zenobē Energy has started construction of a 300MW/600MWh battery energy storage project in Blackhillock, Scotland, following a £235 million long-term debt facility secured from five banks.