Solar

SSE partnership sees solar installed on schools in Monmouthshire

SSE partnership sees solar installed on schools in Monmouthshire

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Published: 25 Nov 2022, 09:03 SSE has forecast that the project will save up to 1,704,443KWh over the course of a year. Image: SSE. SSE Energy Solutions has announced the end of phase one of its country-wide decarbonisation initiative in partnership with Monmouthshire County Council. There are 14 schools in the programme, including Chepstow Comprehensive, […]

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Farmers without solar missing out on up to £1 billion over two years, says ECIU

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Around 32% of farms had a solar installation in 2021. Image: BayWa_r.e. Farmers without solar panels could miss out on up to £1 billion over the next two years, according to new research from the Energy and Climate Intelligence Unit (ECIU). Currently, 22% of farmers in England have solar, leaving many very exposed to power

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Windfall tax results in small decrease in solar asset valuation for Foresight Solar Fund

Windfall tax results in small decrease in solar asset valuation for Foresight Solar Fund

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Published: 24 Nov 2022, 16:45 Windfall tax results in small decrease in solar asset valuation for Foresight Solar Fund. Image: Foresight Solar Fund. The Electricity Generator Levy is set to have a small impact on Foresight Solar Fund’s portfolio, and no impact on its UK battery portfolio whatsoever. The Autumn Statement introduced the highly controversial

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RPC, Eelpower launches joint venture to develop 1GW utility scale energy storage

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Joint venture marks RPC’s first venture into the UK battery storage market. Image: Getty. Renewable Power Capital (RPC) is set to work with UK battery storage firm Eelpower to develop 1GW of utility scale energy storage capacity in the UK. The joint venture will acquire, build and operate utility-scale storage projects and is targetting the

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Bluefield Solar raises £150m as it eyes potential acquisition opportunities

Windfall tax prediction sees minimal impact on Bluefield Solar’s NAV

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Published: 22 Nov 2022, 15:56 Predicted windfall tax to have minimal impact of Bluefield’s asset valuation. Image: Bluefield. As a result of the Autumn Statement and the introduction of the tax, Bluefield Solar Income Fund has estimated that its audited NAV would have decreased by 3 pence per ordinary share (pps). With the introduction of

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Solar Power

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Solar Power Harnessing the power of the sun has been a goal of humans for centuries. But it wasn’t until the last few decades that we’ve been able to harness that power in a way that is efficient and cost-effective. Solar power is now one of the most popular forms of renewable energy, and it’s

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MSPs call on Scottish Government to set 4-6GW solar target by 2030

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Creation of a solar target could increase confidence within the Scottish solar industry. Image: MaxPixel. Cross-party MSPs have released a letter calling on Scotland to set a target of between 4-6GW of solar power capacity, to help it achieve its full potential. The Scottish Government currently has no solar generation target in place for solar, despite

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Raven Renewables deal to provide ‘more affordable and energy efficient living’

Raven Renewables deal to provide ‘more affordable and energy efficient living’

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Published: 18 Nov 2022, 12:58 Raven Renewables installing high-efficiency solar panels. Image: Raven Renewables. Housing association-run solar installer, Raven Renewables, has signed its first contract with Slough-based Sparta Homes Limited, to install solar panels at new Berkshire homes being built. The solar installation company has named itself the first organisation owned by a social landlord

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Hunt announces windfall tax on electricity generators at 45%

Hunt announces windfall tax on electricity generators at 45%

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Published: 17 Nov 2022, 13:08 Chancellor Jeremy Hunt delivered the Autumn Statement to the House of Commons today (17 November). Image: Chris McAndrew (Wikimedia). Chancellor Jeremy Hunt has announced a windfall tax on electricity generators at a rate of 45%. Delivering his Autumn Statement to the House of Commons today (17 November), Hunt announced both

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