investment

HSBC UK Pensions Scheme is to invest £250 million in UK solar and wind farms under a new agreement with renewables investor Greencoat Capital.

Octopus has announced a new partnership with investors from Korea which will see £107 million deployed towards Octopus’ renewables strategy.

Gore Street Capital’s Energy Storage Fund has fallen someway short of its £100 million fund raising target, securing less than one-third of that figure.

The Environmental Audit Committee (EAC) has issued a damning verdict of the government’s approach to clean energy investment in recent years, calling on it to publish an urgent plan to plug looming policy gaps.

Bristol City Council has said that as much as £40 million could be invested in the city’s renewables capacity by 2027 as it bids to become carbon neutral by 2050.

British perovskite solar cell developer Oxford PV has undertaken a new funding round, led by key existing investors Statoil and Legal & General Capital.

Myenergi, the clean tech manufacturer behind the Zappi EV charger and Eddi power diverter, has landed £1.2 million in new finance from private investors.

Investment in UK renewables collapsed by more than half last year on the back of falling policy support, new analysis has shown.

Foresight Group has sold a 16MW portfolio of feed-in tariff-accredited solar farms to Korean asset management firm KDB Kiamco.

Battery storage technology costs will have to fall by a further 30% before projects are feasible without lucrative frequency response revenue, a leading investor has said.