The economics of developing solar have “decisively switched” according to a panel of experts this week, but development still faces a number of barriers with the most significant being the grid.
The UK’s newly introduced Electricity Generator Levy has seen Octopus Renewables’ net asset value (NAV) on its renewable portfolio decrease by £10.6 million as of 31 December 2023.
Renewable development company Fotowatio Renewable Ventures (FRV) has completed the financial close of a UK-based battery energy storage system (BESS) portfolio with a combined capacity of 133MW/266MWh.
Worcestershire City Council has launched a new group-buying scheme to help its residents, community buildings and small/medium sized businesses invest in solar panels and battery storage.
SSE Renewables has begun a public consultation for its proposed 21MWp solar photovoltaic (PV) array and 10MW/2hr battery energy storage system (BESS) facility in Ireland.
Consultations have begun for Springwell Solar Farm, a joint venture of EDF Renewables UK and solar developer Luminous Energy, situated between Lincoln and Sleaford in Lincolnshire.
