investment

Solar energy company Engenera Renewables has unveiled the hiring of new key members of its team as the firm eyes a UK-wide expansion.

Southern Water has signed an eight-year solar power purchase agreement (PPA) framework with CenEden Renewables, Downing Energy Development Company and FES Services.

Scotland is set to reform its planning rules for solar energy to incentivise rooftop installations across the nation.

Cambridge Power has confirmed it has received planning permission for a 50MW battery energy storage system (BESS) situated in Essex.

“I find it extraordinary that we are talking about banning solar on farmlands, but we are talking about putting oil drills on farmlands – it is an industrialised process,” said Simon Maine, managing director, corporate communications at investment firm Brookfield Asset Management.

Solar developer ReneSola Power has acquired UK-based utility-scale PV and battery storage developer Emeren as it expands its footprint in Italy and other European markets.

Balance Power and TagEnergy are set to capitalise on the growing interest surrounding energy storage with the firms having partnered to build, own and operate 500MW of battery energy storage system (BESS) projects across the UK.

The government’s revenue cap sends a poor signal to investors in renewable energy, Solar Energy UK has said.

Ireland’s national planning body An Bord Pleanàla has approved a £122 million (€140 million) proposed battery storage facility set to be developed by Strategic Power Projects at Dunnstown, County Kildare.

GRIDSERVE has completed the development of the “UK’s most technically advanced hybrid solar and battery farm” in Cirencester, the company said.