New statistics published by the Department for Business, Energy and Industrial Strategy (BEIS) show another significant drop in the expected costs of solar out to 2040, with figures for the expected costs of storage technologies also released.
NextEnergy Solar Fund (NESF) has released its full year results, revealing its ordinary shareholders’ net asset value (NAV) has fallen to £579 million.
Residential solar installations will take longer to rebound from the COVID-19 slowdown than most renewables, making it unlikely solar PV will surpass 2019 levels over the next year.
A panel of solar financiers has questioned whether or not debt remains the most efficient way of financing projects post-subsidy as power purchase agreements replace subsidies as the chief source of revenue.
