uk

Downing Renewables & Infrastructure Trust (DORE), who entered the solar market in 2021, has unveiled a net asset value (NAV) total return of 14.1% for a six-month period as it boosts its renewable portfolio.

“For one project, if it was the exact same scheme, supplier prices and everything, had we signed a deal in February 2022, just on the exchange rate alone, it would’ve been £2 million cheaper,” said Patrick Doyle, head of energy business development at Bouygues.

MSD Ireland and state-owned Irish electric utility ESB have launched Ireland’s “largest self-generation solar project” at Ballydine, Co Tipperary.

The United Kingdom Warehousing Association (UKWA) has emphasised the need to scale solar generation capacity on warehouse roofs in order to tackle the ongoing energy crisis.

NextEnergy Solar Fund (NESF) has reiterated its commitment to expanding energy storage and solar capacity with the launch of a joint venture partnership (JVP2) with Eelpower worth £200 million.

Salford City Council has completed a £7.45 million scheme having successfully installed 2,562 solar panels on public buildings across the city.

As the new government regime backs the development of solar energy, Solar Energy UK has suggested that it is in the Treasury’s interest to back the clean energy generation technology.

The Renewables Infrastructure Group (TRIG) is set to purchase development rights for 250MW of battery energy storage system (BESS) across three projects.

Voltalia has won a Contracts for Difference (CfD) to develop two solar projects in the UK with a combined capacity of 90MW.

Renewable energy firm RES has been granted permission to begin development of a 99.9MW battery energy storage system (BESS) project in Durham.