The 365MW solar portfolio owned by SunEdison yieldco TerraForm Power has been sold to Vortex, a European renewables investment platform of private equity firm EFG Hermes.
German power company innogy SE – the renewables arm of RWE which trades in the UK under the nPower brand – has completed its purchase of Belectric Solar & Battery.
The UK’s growing O&M sector needs greater standardisation – particularly within its entry-level scopes of works – in order to boost confidence within asset owners.
The UK’s “rapidly maturing” solar operations and maintenance (O&M) market must adopt a service desk-style culture like that seen in the computing industry if contractors are to survive.
Silverlight Capital Partners is preparing to target between 600 and 800MW of operational UK solar assets in expectation that the secondary market will double within the next six months.