rerevenues

The 2024 Spring Budget saw the chancellor of the exchequer Jeremy Hunt reveal that the budget for the next Contracts for Difference (CfD) auction will be set at over £1 billion.

NatPower UK is set to invest £10 billion in the UK battery energy storage sector to bring online over 60GWh of capacity by 2040.

Bluefield Solar Income Fund’s NAV per share decreased by just under 3% at 31 December 2023, as the company navigated restricting capital market conditions.

NextEnergy Solar Fund (NESF) has recorded a slight increase in net asset value (NAV) of £5.9 million for the year with its portfolio achieving a generation outperformance.

Harmony Energy Income Trust has said its 98MW/196MWh Pillswood battery energy storage system (BESS) was one of “GB’s best performing BESS projects” in Q1 of 2023.

Santander UK has provided £25 million in capital to support the construction of a 49.9MW ground-mounted solar farm situated near Spetisbury, Dorset.

Global renewable energy company Low Carbon has increased its solar PV construction facility by £310 million with aims to develop an additional 448MW of solar PV projects in the UK and the Netherlands.

Next Energy Solar Fund (NESF) has confirmed that its portfolio achieved a generation outperformance of 3.8% against budget for 12 months ended 31 March 2023.

Following the release of Foresight’s Q1 financial results for this year Solar Power Portal caught up with managing director at Foresight, Ross Driver, to discuss the company’s highlights from Q1 2023, geographical diversification and the UK Government’s net zero strategy.

Schroders Capital has announced that it has received approval from the UK’s Financial Conduct Authority for its second Long-Term Asset Fund (LTAF), and the first dedicated to renewable energy.