uk solar

UK solar has continued to break records after generation reached a new peak of delivering almost a quarter of electricity demand.

Quercus Assets Selection has announced the successful debt financing of three UK solar farms after securing £13.6 million of portfolio level debt from Santander UK over a ten-year tenor.

Following months of in fighting, confrontation and bitter debate, the UK is set to leave the European Union after Brexit drew 52% of the vote. It remains unclear at this early stage what immediate or indeed long term effect the decision will have on the UK and its energy market. However, there are looming question marks over a whole range of issues related to the UK and European energy markets as Alex Harrison, counsel at international law firm Hogan Lovells, explains.

Concerns over the future of UK energy policy have quickly emerged as a direct result of last week’s vote to leave the European Union, with trade organisations and independent commentators calling on government to show it remains committed to the low carbon agenda.

Lightsource is to invest £25 million in the deployment of solar PV across thousands of residential properties in Northern Ireland.

Last week Solar Power Portal revealed that the UK installed a total of one point five gigawatts of new solar between January and March this year. But with the ROC scheme closing and feed-in tariff deployment falling some 80% year-on-year, is the UK headed for a cliff edge?

Luxcara has continued to boost its UK solar assets by acquiring two additional farms from Conergy, which will add 19.6MW of capacity to the German company’s renewable energy portfolio.