investment

Global renewable company Low Carbon is set to develop a combined solar capacity of over 75MW across three sites after securing financing from NatWest, Lloyds Bank and AIB.

The board of NextEnergy Solar Fund has confirmed Helen Mahy is set to be appointed as chairman with effect from August 2023.

International PV developer Sonnedix has expanded its presence in the UK with the acquisition of a five-project strong solar PV portfolio of 300MW developed by Lightsource bp.

Harnessing solar energy via PV and a battery energy storage system (BESS) in a mid-terrace home, compliant with the Future Homes Standard 2025, could see savings of around £40,000 over their lifetime, Solar Energy UK has said.

In a bid to boost the long-duration energy storage market in the UK, the Department for Business, Energy and Industrial Strategy (BEIS) has provided over £32 million to five winners of the Longer Duration Energy Storage (LODES) competition.

SSE Energy Solutions has announced the end of phase one of its country-wide decarbonisation initiative in partnership with Monmouthshire County Council.

The Electricity Generator Levy is set to have a small impact on Foresight Solar Fund’s portfolio, and no impact on its UK battery portfolio whatsoever.

Renewable Power Capital (RPC) is set to work with UK battery storage firm Eelpower to develop 1GW of utility scale energy storage capacity in the UK.

As a result of the Autumn Statement and the introduction of the windfall tax, Bluefield Solar Income Fund has estimated that its audited NAV would have decreased by 3 pence per ordinary share (pps).

EDF Renewables UK has announced its intention to develop a 114MW battery storage system between Dunston and Swainesthorpe in the south of Norwich.