Lightsource BP bolsters top team as it continues growth ambitions

Lightsource BP bolsters top team as it continues growth ambitions

Published: 24 Nov 2020, 12:58 Image: Lightsource BP Lightsource BP has appointed Craig Love as its new global head of structured finance to lead the company’s future growth ambitions. Love previously held the role of managing director of Natwest Structured Finance, working on the bank’s investment into renewables and solar for a decade. He also […]

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BEIS confirms solar role in 2021 CfD auction set to contract for 12GW

BEIS confirms solar role in 2021 CfD auction set to contract for 12GW

Published: 24 Nov 2020, 09:47 Image: BEIS. The Department for Business, Energy and Industrial Strategy (BEIS) has confirmed solar will be allowed to compete in next year’s Contracts for Difference (CfD) round, but specific details have yet to be revealed. In a statement and consultation response released today, BEIS has confirmed the fourth allocation round

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NESF to move ahead with 150MW subsidy free portfolio despite ‘challenging power price environment’

NESF to move ahead with 150MW subsidy free portfolio despite ‘challenging power price environment’

NextEnergy Solar Fund (NESF) has outlined how it is continuing to pursue a 150MW subsidy-free portfolio as it reports high levels of generation. In its half year results to 30 September 2020, the company said that it had now achieved 64MW of operating subsidy-free solar in this portfolio, with the 8.5MW High Garett being energised in

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'Truly unique' residential VPP system combining solar and battery storage launched

‘Truly unique’ residential VPP system combining solar and battery storage launched

Published: 23 Nov 2020, 16:25 Image: AceOn A virtual power plant (VPP) combining solar and battery storage has been launched by AceOn in a bid to maximise renewable usage. The Renewergy VPP system – which utilises batteries from Germany firm BMZ and inverters from Italian company Delios – has an efficiency greater than 97% with

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Riding Sunbeams to finance 3.75MW community solar farm with £2.5m grant

Riding Sunbeams to finance 3.75MW community solar farm with £2.5m grant

Published: 23 Nov 2020, 12:51 Image: Andy Aitchison/Riding Sunbeams. The 3.75MW Cuckmere Community Solar Farm is to directly power the Eastbourne-London mainline railway in a world-first project. Riding Sunbeams launched its first demonstrator project – a 30kW solar test unit which powered a railway in Aldershot – in 2019. It is now to use the

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Bluefield looks to raise £45m through share placing to support further acquisitions

Bluefield celebrates ‘significantly oversubscribed’ share placing

Published: 20 Nov 2020, 16:14 Image: Bluefield. Bluefield Solar Income Fund (BSIF) has successfully raised £45 million through a share placing it said was significantly oversubscribed. The company placed a total of 36,500,000 new ordinary shares at a price of 124p each, in the over-subscribed placing round. BSIF announced the share placing on Monday, in

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ReneSola Power signs JV with Innova to develop 50MW+ pipeline of utility scale solar

ReneSola Power signs JV with Innova to develop 50MW+ pipeline of utility scale solar

Image: ReneSola. International solar developer ReneSola Power has signed a joint venture (JV) with Innova to develop a pipeline of utility scale solar in the UK. Together they will create a JV company to continue the development of the existing 50MW pipeline, as well as extending it by at least a further 50MW of utility

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Gore Street looks to double its Republic of Ireland storage portfolio capacity

Gore Street looks to double its Republic of Ireland storage portfolio capacity

Image: Gore Street. Gore Street Energy Storage Fund has applied to triple its capacity in the Republic of Ireland, up to a total of 180MW. The company’s current portfolio in the country is made up of the Porterstown 30MW project and the 30MW Kilmannock project, with applications to expand the grid connection submitted for both

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Swindon hails flagship 30MW battery storage project

Swindon hails flagship 30MW battery storage project

Published: 19 Nov 2020, 10:36 Swindon Borough Council’s 30MW Mannington project. Image: SWGT. Independent battery energy storage system (BESS) asset manager Still Waters Green Technology (SWGT) has acquired Swindon Borough Council’s 30MW Mannington project. The site will now be developed jointly by council owned Public Power Solutions (PPS) and SWGT, and will see 25-container all-in-one Lithium

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