Community energy groups have welcomed a new £10 million local energy fund announced by the Department for Energy Security and Net Zero (DESNZ), but say it’s not enough.
Irish solar independent power producer (IPP) Power Capital Renewable Energy (PCRE) has received €125 million (£107 million) in funding to construct 230MW of solar assets.
The first meeting of the government’s Solar Taskforce was held in May, with the group aiming to lay out a pathway to achieving the government’s target of 70GW of solar by 2025 within the next year.
British energy storage company Gravitricity has signed an agreement with US firm IEA Infrastructure Construction to seek funds for renewable energy schemes in the US.
Solar Energy UK (SEUK), the solar industry trade association, has published its analysis of the UK government’s proposals for the solar sector published as part of ‘Energy Security Day’ on March 30.
Global solar specialist NextEnergy Capital (NEC) has confirmed the third close of the NextPower UK ESG fund at £595 million, with plans to scale its new-build solar plants across the UK.
By setting a “realistic budget and more sustainable prices” for renewable electricity in the upcoming Contracts for Difference (CfD) auction, the UK Government could bolster private investment within solar, RenewableUK said.
Copenhagen Infrastructure Partners (CIP) and Amberside Energy have partnered to develop a 2GW portfolio consisting of solar and battery energy storage system (BESS) projects across the UK.
