Octopus Renewables Infrastructure Trust (ORIT) has hailed the success of its inaugural year with a gross asset value of £441 million from 24 assets. In its first full year results, the company highlighted that 100% of the net proceeds from its Initial Public Offering (IPO) have now been committed, with successful acquisitions including eight UK […]

Published: 15 Mar 2021, 11:00 By: Solar exports could be about to become more expensive. Image: Yingli Green. The new episode of the Solar Media Podcast, sponsored by Honeywell, is now available stream, as we explore recent solar price hikes in China. Raw material shortages, combined with surging demand, have seen prices for solar modules

Published: 12 Mar 2021, 16:02 A 50MW solar and battery storage scheme being developed by JBM Solar Projects has received planning permission. Located on land adjacent to Roden Lane, Roden near Telford, the asset is to take around 26 weeks to construct and have a lifespan of 40 years. Benefits of the solar farm presented

Published: 12 Mar 2021, 11:34 Image: Nissan. Nissan is to nearly triple the renewable energy generation at its Sunderland manufacturing plant with a proposed 20MW solar farm. This new 37,000-panel extension would go in alongside the existing wind turbines and solar farm, resulting in 20% of the plant’s energy coming from onsite renewables. The new solar

The battery will be built on Feeder Road in Bristol. Image: Thrive Renewables. Thrive Renewables has acquired its second battery storage asset, with this being a 20MW battery project in Bristol. It has the capacity to deliver between one and two hours of electricity for flexibility services such as frequency response and balancing services to the

Gresham House – which manages funds including Gresham House Energy Storage Fund – has recorded a net core income of £40.8 million and an adjusted operating profit of £12.1 million. These were up 29% and 17% from 2019 respectively despite chairman Anthony Townsend describing 2020 in the company’s full year results as being “one of the most

Published: 11 Mar 2021, 11:03 Ground mounted solar. Image: EDF. EDF Renewables has received planning consent for its 49.9MW Sutton Bridge solar farm, the company’s first large-scale solar development in the UK. South Holland District Council has granted permission for the project after EDF Renewables submitted it in December following a period of consultation with local

Published: 11 Mar 2021, 08:51 Waverley Court solar installation. Image: ECSC. The Edinburgh Community Solar Co-operative (ECSC) has almost completed its 30th installation, with solar panels being fitted on Waverley Court, the City of Edinburgh Council headquarters. Waverley Court is the sixth public building to have solar panels installed as part of funds secured during

Longer-duration storage covers a number of technologies, including flow batteries such as those from Invinity Energy Systems (formerly RedT and Avalon). Image: Invinity Energy Systems. A new market mechanism for longer-duration storage should be created according to the Association for Renewable Energy and Clean Technology (REA). In a new report, the trade association looked into

Published: 10 Mar 2021, 12:00 Gravitricity engineering project manager Frances Tierney, with senior mechanical engineer Steven Kirk by the tower. Image: Gravitricity. Gravitricity has celebrated a new milestone, as the 15-metre high lattice tower for its storage demonstrator project is installed ahead of testing beginning next month. The Leith based energy storage start-up is building