Energy research firm Rystad Energy has predicted the UK battery energy storage market to grow to 24GW by the end of the decade and account for almost 9% of all global capacity installations.
British solar and battery developer Renewable Connections and its partner European Energy UK have announced the sale of two “shovel-ready” co-located solar and battery storage projects in Scotland.
The UK solar market has seen substantial growth over 2022 with Good Energy highlighting “near record levels” of installations with an increase of over 125% year-on-year to 132,000.
Asahi Europe & International (AEI), the international branch of the food and beverage company, Asahi Group Holdings, has signed a multi-year Power Purchase Agreement (PPA) with European Energy to receive solar power from a 19MW solar farm in Bath.
Octopus Energy’s generation arm has signed a Power Purchase Agreement (PPA) with the UK food retailer, Iceland Foods, to provide 150 of its sites with an estimated 64GWh of solar energy.
Bluefield Solar’s gains from fixed PPA prices will be largely offset by the new windfall tax on low-carbon generation, it said in its report for the second half of 2022.
Octopus Renewables Infrastructure Trust has increased its multi-currency revolving credit facility (RCF) by £120.8 million to bolster its global renewable portfolio.
