renewables

Farmers without solar panels could miss out on up to £1 billion over the next two years, according to new research from the Energy and Climate Intelligence Unit (ECIU).

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.

Income investment company, Harmony Energy Income Trust plc has reported a fall in average revenue this quarter following record highs in Q3, but assured stakeholders there was a “positive near-term outlook” in its Net Asset Value (NAV) and Portfolio Update as at 31 October 2022.

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).

The solar sector has criticised the introduction of a windfall tax on electricity generators, which it has warned could have a ‘perverse’ impact on the sector.

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

British solar thermal design and engineering company, Naked Energy, has announced a distribution partnership with Italian energy service company X3Energy.

The Pillswood project, developed by Harmony Energy Income Trust and managed by Tesla, has gone live ahead of schedule with both phases A and B to energise this month.