uk solar

The Solar Trade Association is looking to light a fire under the UK’s solar thermal industry, claiming now is the time to “shake off preconceptions” surrounding the technology.

Aviva Investors has added over 1.6MW of rooftop solar to its portfolio after acquiring well over 200 arrays from Downing for £5 million.

Solar and other renewables will generate more than half of all electricity in the UK by the mid-2020s according to a new study by Bloomberg New Energy Finance and Eaton, which expects the cost of the technology to more than halve by 2040.

Ofgem has sought to reassure solar farm owners that it will not withdraw accreditation to subsidy schemes without having a good reason to do so as it continues to work on guidance for co-locating energy storage assets with solar.

Hive Energy has confirmed it is the developer behind ambitious plans for a huge solar farm on the north Kent coast which could have a final generation capacity in excess of 350MW.

Octopus Investment, non-utility UK investor, is set to expand its £484 million solar portfolio refinancing that it closed earlier this year.

Last week, renewables developer and investor Hazel Capital was acquired by Gresham House. Tony Dalwood, chief executive of the asset management group, explains to Solar Power Portal what the acquisition means for both Gresham House and Hazel Capital; what projects will be brought forward from the existing pipeline; and what uncertainties lay ahead for UK energy storage.

Western Solar’s low energy Ty Solar Home design is being utilised for two news social housing villages in North Pembrokeshire and Carmarthenshire in Wales.

Public support for renewables has climbed to yet another new high in 2017, further indicating the discrepancy between the technologies and other generators in the public’s eye.

Hazel Capital has been bought by investment manager Gresham House through a combination of cash and newly issued shares, which includes new investment in three energy storage projects.