RWE acquires JBM Solar to become ‘top three solar developer’ in the UK

RWE acquires JBM Solar to become ‘top three solar developer’ in the UK

German energy giant RWE is planning to invest €50 billion gross to grow its green business by 2030. Image: RWE. German energy giant RWE has acquired solar and storage developer JBM Solar, making it a “top three solar developer” in the UK. The acquisition sees the company take on a mature pipeline of around 6.1GWac of

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Ripple Energy announces UK’s first co-owned solar project

Ripple Energy announces UK’s first co-owned solar project

Published: 1 Mar 2023, 16:28 With shares starting at £25, co-ownership presents a cost-effective alternative to owning renewable energy assets, such as Ripple’s Graig Fatha wind turbine. Image: Ripple Energy. Almost a year after Ripple Energy’s first consumer-owned wind farm went live, the company has announced that its third shared renewable energy project will be

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Bluefield NAV remains strong at £476.7m through H2 2020

High PPA fixes for Bluefield to be offset by windfall tax

Bluefield’s solar generation yield increased by 9.6% to 462.55MWh compared to the same reporting period in FY 2021/22. Image: Bluefield. Bluefield Solar’s gains from fixed Power Purchase Agreement (PPA)prices will be largely offset by the new windfall tax on low-carbon generation, it said in its report for the second half of 2022.  The renewable energy and

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Boom Power to put over 1GW of solar and BESS projects into planning in 2023

Boom Power to put over 1GW of solar and BESS projects into planning in 2023

Published: 27 Feb 2023, 10:57 Boom Power to put over 1GW of solar and BESS projects into planning in 2023. Image: Boom Power. UK-based solar developer Boom Power has confirmed that over 1GW of its solar and battery energy storage projects will go into planning over the course of 2023. Controbuting to this portfolio, the

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Solarsense reports 400% increase in commercial enquiries amid ‘unprecedented’ era for solar

Solarsense reports 400% increase in commercial enquiries amid ‘unprecedented’ era for solar

Published: 24 Feb 2023, 11:20 Nylaplas Engineering installed a 114kWp solar panel system at its high-technology manufacturing site in Bristol in 2022. Image: Solarsense. Solarsense has reported a 400% increase in the number of commercial enquiries it has had for solar installations from the manufacturing sector in 2022. The company noted that there was rising

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Nordic residential solar market place, Otovo, launches in the UK

Nordic residential solar market place, Otovo, launches in the UK

Otovo’s platform offers personalised data and insights into the benefits of solar panels. Image: Otovo. Pan-European residential solar marketplace, Otovo, has launched in the UK, promising to grant UK customers an online toolbox to switch to solar, and save 49% on their energy bills. Launched in 2016, the Oslo-headquartered company provides a platform for UK customers

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

DIF to acquire UK’s largest co-located solar and battery energy storage portfolio

Published: 23 Feb 2023, 14:29 DIF to acquire UK’s largest co-located solar and battery energy storage portfolio. Image: Getty Images. DIF Capital Partners, together with ib vogt, has agreed to acquire a 100% interest in the largest UK co-located solar and battery portfolio from Cero Generation and Enso Energy, the companies confirmed. The fund manager

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NextEnergy Capital launches £500m solar fund with support from UK Infrastructure Bank

NextEnergy Capital secures £595 million for fund dedicated to subsidy-free solar

Published: 22 Feb 2023, 12:05 NextEnergy Capital secures £595 million for fund dedicated to subsidy-free solar. Image: NextEnergy Capital. Global solar investment specialist NextEnergy Capital (NEC) has confirmed the third close of the NextPower UK ESG fund at £595 million, with plans to scale its new-build solar plants across the UK. The Fund exceeded its

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Vodafone, MYTILINEOS and Centrica sign second solar PPA for 232MW

Vodafone, MYTILINEOS and Centrica sign second solar PPA for 232MW

The PPA covers generation from five solar power sites that are currently under construction in the UK. Image: Vodafone. Telecommunications giant Vodafone UK has signed a second corporate solar power purchase agreement (PPA) with Mytilineos and Centrica. The deal covers generation from five sites with a total capacity of 232MW, located in Norfolk, Nottinghamshire, Staffordshire,

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