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The Contracts for Difference (CfD) auction is now open for applications, with a £205 million budget available to support renewable energy projects.

The solar industry has welcomed the UK government’s plans to establish a Solar Taskforce as part of a range of measures introduced in the “Energy Security Day” package.

Octopus Renewables Infrastructure Trust (ORIT) has achieved strong net asset value (NAV) growth across 2022 primarily due to rising inflation and high power prices.

The UK solar market has seen substantial growth over 2022 with Good Energy highlighting “near record levels” of installations with an increase of over 125% year-on-year to 132,000.

Renewable investment trust Atrato Onsite Energy, which operates under the ticker ROOF, has confirmed it has invested £29 million into two solar projects.

Macquarie Energy Leasing has launched a new rooftop solar business in Great Britain dubbed OnStream Solar.

Caroline Lucas has called on the UK government to make solar panels mandatory on the roofs of all suitable new homes.

Renewable energy supplier Good Energy has launched a new smart export tariff for households with solar panels that will see 10p paid per kWh.

Solar PV developments could be in jeopardy due to the rising cost of capital which threatens to derail renewable energy projects in the UK, Cornwall Insight has said.

Research from climate charity Possible has stated in its recent polling that 58% of people intending to vote Conservative want to see more solar and onshore wind developed to tackle the energy crisis and bolster net zero targets.