Solar supply chain sustainability initiative opens for consultation

Solar supply chain sustainability initiative opens for consultation

Published: 17 May 2023, 16:54 The SSI aims to help develop a secure, transparent and sustainable solar supply chain. Image: Pixabay. The Solar Stewardship Initiative (SSI) has today (17 May) opened for feedback from industry players on its development. Launched in October 2022 by SolarPower Europe and Solar Energy UK, the SSI aims to help […]

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SSE acquires first 50MW battery storage project from Harmony Energy

SSE set to deliver 150MW battery energy storage project in West Yorkshire

Published: 15 May 2023, 14:41 This battery storage project becomes the second in development by SSE Renewables. Image: SSE. SSE Renewables is set to proceed with and enter into contracts to deliver a 150MW battery energy storage system (BESS) project in West Yorkshire. The renewable energy arm of SSE confirmed that it had taken a

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Octopus and Masdar agreement to support £1bn investment in UK battery storage

Octopus and Masdar agreement to support £1bn investment in UK battery storage

Published: 11 May 2023, 12:17 The agreement follows Masdar’s recent commitment to invest £1 billion in UK battery storage. Image: Octopus (Richard Boll Photography). Octopus Energy has signed a framework agreement with Masdar to use Octopus’ technology platform Kraken to flexibly manage the clean energy developer’s UK battery storage portfolio. The agreement – signed by

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FRV and Harmony begin construction of second battery storage project

Envision to supply BESS for two Harmony Energy projects totalling 166MWh

Envision to supply BESS for two Harmony Energy projects totalling 166MWh. Image: Harmony Energy. Chinese multinational corporation Envision Energy has agreed on a partnership with Harmony Energy Income Trust to provide battery energy storage systems (BESS) for projects in the UK. The strategic partnership will see BESS implemented into a number of Harmony Energy’s power

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Community energy joint venture between Octopus and Midcounties Co-op rebranded as Younity

Exposure to variable pricing decreases Octopus Renewable Infrastructure Trust’s NAV

Published: 9 May 2023, 11:33 ORIT currently has eight solar photovoltaic (PV) assets in the UK with a total capacity of 123MW. Image: ORIT. According to Octopus Renewables Infrastructure Trust plc’s (ORITs) Q1 2023 financial results, lower forecast wholesale power prices across Europe were the biggest contributor to the company’s Net Asset Value (NAV) decrease.

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Full Foresight portfolio gets digitalisation boost in new Sennen partnership

Foresight Solar Q1 2023 NAV decreases due to lower near-term power prices

Foresight Solar Q1 2023 NAV decreases due to lower near-term power prices. Image: Foresight. Foresight Solar Fund has seen its Q1 2023 net asset value (NAV) decrease to £757.5 million as a result of lower near-term power price forecasts. The fund, which invests in ground-based solar PV and battery storage assets across the UK and

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