Corporate power purchase agreements (PPAs) are not a new feature of the UK solar market, but since the cuts enacted to the feed-in tariff last year they have risen to new prominence. David Pratt examines how these deals are made, and what benefits they offer to both sides.
NextEnergy Solar Fund (NESF), one of the top six owners of UK solar farms, has refinanced a swathe of its assets as it edges closer to yet more acquisitions.
Irish renewables firm Amarenco has partnered with Infracapital, the infrastructure investment arm of Prudential company M&G Investments, to develop utility-scale renewables in the UK, Ireland and France.
North Ayrshire Council has approved plans to investigate interest among its social housing tenants for the installation of solar PV on around 500 homes in an attempt to tackle fuel poverty and reduce carbon emissions in the region.
The infamous ‘cash for ash’ Northern Ireland RHI scandal which brought down the country’s government has heaped scrutiny on the Republic’s looming solar support schemes.
Enhanced data collection and monitoring is becoming increasingly key for owners of UK solar assets, a panel at today’s Solar Finance & Investment Europe event has concluded.
Allianz Global Investors has splashed the cash to acquire around 100MW of UK solar from BayWa r.e., in what is the German developer’s largest single transaction to date.
PS Renewables has responded to the growth of its development business in the north east of America by opening a new office in Portsmouth, New Hampshire.
METKA EGN has announced EPC contract wins for 75MW of new UK projects, the largest being a 20MW storage project, as the company restates its commitment to the UK market.