uk

Vish Sharma, head of power purchase agreements at npower Business Solutions discusses emerging business opportunities for independent solar generators.

Following the 71% decline in average profits for Britain’s battery storage market, a new report by LCP Delta has urged investors to consider more “sophisticated strategies” to increase revenue.

The flagship Contracts for Difference (CfD) renewable power auction published the results of its Auction Round 5 (AR5) last week, with solar projects securing almost 2GW of capacity out of a total of 3.7GW.

SSE Energy Solutions has confirmed it will develop what it states is a “major solar power project” at Teesside Airport with a potential capacity of 50MW.

Confirming reports made earlier this week, battery storage developer Zenobē has secured an investment of c.£600 million from investment firm KKR.

Octopus Energy is set to enable households with an electric vehicle (EV) and solar panels to earn an additional £150 by combining the ‘Intelligent Octopus’ and ‘Outgoing Octopus’ tariffs.

Solar in the UK continues to be a huge discussion point for the energy sector. Although barriers in its development and several bottlenecks still remain, particularly in policy, it is clear the solar industry is collectively pulling in the right direction.

A 3MW solar panel system newly installed on the rooftops of Sky Studios Elstree will supply at least 40% of the studios’ annual energy requirements.

Battery storage investment firm Harmony Energy Income Trust (HEIT) has confirmed the sale of its 99MW Rye Common asset.

System integrator Fluence is set to support Statkraft, a Norwegian state-owned power producer, in delivering a 50MW transmission system-connected battery energy storage system (BESS) in the UK.