Irish IPP Power Capital Renewable Energy secures €125 million for 230MW of PV

Irish IPP Power Capital Renewable Energy secures €125 million for 230MW of PV

Published: 28 Jul 2023, 11:09 The funding will go towards projects currently under construction. Image: Power Capital Renewable Energy. Irish solar independent power producer (IPP) Power Capital Renewable Energy (PCRE) has received €125 million (£107 million) in funding to construct 230MW of solar assets. The funding has been provided by Allied Irish Bank (AIB) and […]

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Solar technician installing rooftop PV. Image: Gustavo Fring

Government figures show a 6.7% increase in the UK’s solar capacity in last year

Published: 28 Jul 2023, 14:19 Solar technician installing rooftop PV. Image: Gustavo Fring The UK government has published solar PV deployment statistics which show a total of 15.2GW of solar capacity, an increase of 6.7% in the year since June 2022.  The yearly increase is the highest seen since September 2017, and there are now

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UK govt begins consultation on NSIP reforms

UK govt begins consultation on NSIP reforms

The consultation process will last until September. Image: Unsplash. The UK government is currently discussing plans to reform the Nationally Significant Infrastructure Project (NSIP) process to enable faster consenting. Being conducted via a consultation process, the document stated that it intends to make the NSIP process “better, faster, greener, fairer and more resilient by 2025”. By

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Drax given greenlight for £500 million underground pumped storage hydro facility

Drax given greenlight for £500 million underground pumped storage hydro facility

This project could bring the overall capacity of the site to over 1GW. Image: Drax. Renewable energy company Drax Group has secured development consent for a 600MW underground pumped storage hydro (PSH) plant in Scotland. The project will be located at the aptly named ‘Hollow Mountain’ Cruachan Power Station in Argyll and include an expansion of the

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Field receives £200m from DIF to boost battery energy storage pipeline

Field receives £200m from DIF to boost battery energy storage pipeline

Field’s first UK BESS project in Oldham came online last year. Image: Field. Battery energy storage system (BESS) developer Field has received a £200 million investment from DIF Capital Partners. Field will use the funds provided by the infrastructure equity fund manager to support the development of its 4.5GWh pipeline of grid-scale BESS projects across

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Carlton Power gains planning consent for 2GWh Manchester BESS

Carlton Power gains planning consent for 2GWh Manchester BESS

This will become one of the UK’s largest BESS projects. Image: Carlton Power. Carlton Power, an energy infrastructure development company, has gained planning consent for a 2,080MWh battery energy storage scheme (BESS). The BESS project, which Carlton Power touts will have a capacity of up to 1GW (1040MW/2080MWh), will be located at the ‘Trafford Low

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Solar engineers installing panels. Image: Octopus Energy

Octopus launches new solar and battery optimisation smart tariff

Solar engineers installing panels. Image: Octopus Energy Octopus Energy has announced the launch of a new smart tariff aimed at consumers with domestic solar and battery storage.  The company says the tariff could unlock more than £450 of savings per year for consumers and help to balance the grid.  ‘Intelligent Octopus Flux’ (IOF) will offer

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Octopus acquires 250MW Irish solar portfolio from Statkraft

Voltalia selected as EPC contractor for 108MW Irish solar farm

Voltalia selected as EPC contractor for 108MW Irish solar farm. Image: Pixabay. International energy producer Voltalia has been selected to build a 108MW solar farm in Ireland by ESB and Bord na Móna. ESB and Bord na Móna, both of which are semi-state-owned companies, selected Voltalia as the engineering, procurement and construction (EPC) contractor for

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Utility Solar Summit: the flexibility of the post-subsidy market

Statkraft signs solar PPA contracts with Infinis

Statkraft signs solar PPA contracts with Infinis. Image: Getty Images. Renewable energy company Statkraft has signed two seven-year power purchase agreement (PPA) contracts with Infinis covering two UK solar farms. The agreement with Infinis, a UK-based low-carbon generator, will cover solar farms located in Bishampton, Worcestershire and Litchardon, Devon. These have a combined installed capacity

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