NextEnergy Capital has secured what it is lauding as a “first-of-its-kind” debt financing to construct two subsidy-free solar sites as it unveils a new subsidy-free private fund.
The government needs to “go even further with enabling measures” such as public sector PPAs in order to accelerate solar deployment to help meet net zero.
The return of the Contracts for Difference (CfD) auctions for solar and onshore wind has boosted the UK up EY’s Renewable Energy Country Attractiveness Index (RECAI).
The Contracts for Difference (CfD) scheme should be expanded, the National Infrastructure Commission (NIC) has recommended, with “clarity on dates and scales” required.
NextEnergy Solar Fund (NESF) is selling two of its subsidy-free assets to NextPower Development, part of the NEC Group, in a £11.5 million transaction.