NextEnergy Solar Fund has accelerated its timeline for developing subsidy-free solar in the UK, committing to completing four such projects over the next 12 months.
EFG Hermes has heaped praise on its asset optimisation team after the 365MW former-SunEdison portfolio it acquired earlier this year performed some 25% ahead of expectation.
Solar and other renewables will generate more than half of all electricity in the UK by the mid-2020s according to a new study by Bloomberg New Energy Finance and Eaton, which expects the cost of the technology to more than halve by 2040.
Ofgem has sought to reassure solar farm owners that it will not withdraw accreditation to subsidy schemes without having a good reason to do so as it continues to work on guidance for co-locating energy storage assets with solar.
Hive Energy has confirmed it is the developer behind ambitious plans for a huge solar farm on the north Kent coast which could have a final generation capacity in excess of 350MW.
Last week, renewables developer and investor Hazel Capital was acquired by Gresham House. Tony Dalwood, chief executive of the asset management group, explains to Solar Power Portal what the acquisition means for both Gresham House and Hazel Capital; what projects will be brought forward from the existing pipeline; and what uncertainties lay ahead for UK energy storage.
The UK’s solar market is set for a rebound in the coming years but will lose ground to the rest of Europe as a result of government policy decisions, leading consultancy EY has concluded.
Liam Stoker takes a look at the acronym-tastic review of energy costs, led by Dieter Helm, which recommended, among more than 60 other things, the phasing out of CfDs and the introduction of equivalent firm power auctions.
Solarcentury has announced a major partnership with European renewables funder Capital Stage in a move which will provide a substantial boost to its international expansion.
