Downing Renewables & Infrastructure Trust targets 96MWp of solar in £200m fundraise

Downing Renewables & Infrastructure Trust targets 96MWp of solar in £200m fundraise

Published: 2 Nov 2020, 11:16 Image: DORE. Downing Renewables & Infrastructure Trust (DORE) is intending to raise £200 million through an initial public offering (IPO) to invest in a portfolio of renewables including solar PV. It is expecting to secure an option to acquire a seed portfolio of up to £50 million comprising of c.96MWp of […]

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Statkraft acquires Solarcentury as it ‘ramps up’ solar developer goals

Statkraft acquires Solarcentury as it ‘ramps up’ solar developer goals

Published: 2 Nov 2020, 11:18 Cowdown solar farm. Image: Solarcentury. Renewable energy giant Statkraft has acquired UK headquartered Solarcentury for £117.7 million in a bid to accelerate its growth in the solar sector. The move will see Norway’s state-owned company gain access to a 6GW pipeline of solar in Europe and South America. When this

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Inclusion of solar PV in Green Home Grant’s local authority allocation welcomed

Inclusion of solar PV in Green Home Grant’s local authority allocation welcomed

The solar sector has welcomed the including of solar PV with the Green Homes Grant’s local authority allocation. As part of the government’s £2 billion Green Homes Grant, £500 million of funding will be allocated to local authorities for helping to improve the energy efficiency of homes of low-income households. The Local Authority Delivery (LAD)

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Work begins on 250MWh CRYOBattery lauded as 'one of Europe’s largest energy storage systems'

Work begins on 250MWh CRYOBattery lauded as ‘one of Europe’s largest energy storage systems’

Published: 6 Nov 2020, 12:35 Image: Highview Power Highview Power has begun site work for its 50MW/250MWh liquid air energy storage facility in Greater Manchester. The CRYOBattery – as it has been dubbed – is being developed with Carlton Power and is to enter into commercial operation in 2023, with the intention of generating revenue

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Gresham House to finance c.485MW battery storage portfolio with new share issuance programme

Gresham House to finance c.485MW battery storage portfolio with new share issuance programme

Published: 10 Nov 2020, 11:43 Image: Gresham House Energy Storage Fund. Gresham House Energy Storage Fund has outlined plans to “significantly increase” its portfolio as it launches a new share issuance programme. The programme is to be conducted over the next 12 months through a number of tranches, with the first of these to include

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

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

Published: 16 Nov 2020, 13:03 Image: Bluefield Solar Income Fund. Bluefield Solar Income Fund (BSIF) is looking to raise £45 million through a share placing to repay its drawn revolving credit facility, opening up its acquisition options.   The company and its group saw its total outstanding debt increase to £328.2 million, including £44.1m drawn

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Aviva moves to put ‘words into actions’ with combined solar and storage carport in Perth

Aviva moves to put ‘words into actions’ with combined solar and storage carport in Perth

Published: 16 Nov 2020, 11:40 Combined solar carports and energy storage facilities at Aviva’s Perth office. Image: Aviva. Insurance company Aviva has opened one of the UK’s largest combined solar and energy storage carports at its Perth Office. The installation includes 3,283 solar PV panels set to generate 812,000kWh. Around 77% of that figure will

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Second life bus batteries to be trialled as storage for solar generation

Second life bus batteries to be trialled as storage for solar generation

Published: 10 Nov 2020, 12:28 A battery housed at the back of a bus, with AceOn to trial using these batteries for second life energy storage systems. Image: AceOn. A trial exploring the use of second life bus batteries for storing solar energy has been awarded £130,000 of funding. This comes from the Sustainable Innovation

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