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Present energy prices are ‘unsustainably high’ warns Foresight Solar Fund

Foresight Solar Fund has 50 solar assets in the UK, as well as sites in Spain and Australia. Image: Andreas Gücklhorn (unsplash). Power prices are continuing to boost solar asset value, with Foresight Solar Fund reporting its net asset value (NAV) per share, EBITDA and consolidated revenues jumping over the first six months of 2022, […]

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49.9MW BayWa r.e. solar project in South Gloucestershire given green light for development

49.9MW BayWa r.e. solar project in South Gloucestershire given green light for development

Published: 16 Sep 2022, 15:10 49.9MW BayWa r.e. solar project in South Gloucestershire given green light for development. Image: BayWa r.e. A 49.9MW solar project being developed by BayWa r.e. and Grüne Energien Solar in South Gloucestershire has received planning permission. The project, which will incorporate a green corridor, will provide renewable energy for the

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‘Support measures do not incentivise energy storage,’ says REA

‘Support measures do not incentivise energy storage,’ says REA

Published: 15 Sep 2022, 11:48 ‘Support measures do not incentivise energy storage,’ says REA. Image: Getty. “Current energy support systems are centred around power generation. If you are a power generation company on these support mechanisms, why would you think about doing energy storage?” said Mark Sommerfield, director of policy at REA at the UK

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It will be ‘socially unacceptable’ for businesses not to have solar, says BeBa Energy

It will be ‘socially unacceptable’ for businesses not to have solar, says BeBa Energy. Image: Scott Webb (Unsplash). “It is going to become socially unacceptable for businesses to not to have solar on their roofs in the short to medium-term,” said Shaun Beattie, sales director of BeBa Energy, at the UK Solar Summit. With the

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MSD Ireland, ESB launches the ‘largest self-generation solar project’ in Ireland

MSD Ireland, ESB launches the ‘largest self-generation solar project’ in Ireland. Image: MSD. Pharmaceutical group MSD Ireland and state-owned Irish electric utility ESB have launched Ireland’s “largest self-generation solar project” at Ballydine, County Tipperary. According to the two firms, the project is Ireland’s largest self-generation solar project boasting a 7.3MW ground mounted solar PV array

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Unused warehouse roofs could generate ‘15GW a year’ in solar energy, says UKWA

Unused warehouse roofs could generate ‘15GW a year’ in solar energy, says UKWA. Image: Waxman Energy. 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. The organisation argues that unused roofs on warehouses total 18,500 acres of land, which

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Salford Council completes £7.45 million scheme introducing 2,562 solar panels to public buildings

Salford Council completes £7.45 million scheme introducing 2,562 solar panels to public buildings. Image: Salford City Council. Salford City Council has completed a £7.45 million scheme having successfully installed 2,562 solar panels on public buildings across the city. The scheme, which received the funding through Salix Finance via the government’s Public Sector Decarbonisation Scheme, introduced

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SEEIT acquires 69MW renewable energy portfolio from United Utilities

SEEIT looks to raise £135 million with new share offering

Published: 9 Sep 2022, 11:12 The share offering follows SEEIT acquiring a 69MW portfolio of onsite renewable energy projects from United Utilities Group in July. Image: United Utilities. SDCL Energy Efficiency Income Trust plc (SEEIT) has announced a new share offer as it looks to raise approximately £135 million. The company will issue 118,421,053 new

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TRIG to develop a combined capacity of 250MW BESS in Northern England

TRIG to develop a combined capacity of 250MW BESS in Northern England. Image: Anesco. The Renewables Infrastructure Group (TRIG) is set to purchase development rights for 250MW of battery energy storage system (BESS) across three projects. Three BESS projects will be developed in the North of England as part of the transaction. Two of the

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