Luminous Energy hires CIO to help company build, own and operate solar and battery storage projects

Luminous Energy has confirmed it has hired Guy Lavarack as chief investment officer (CIO). Image: Getty. Luminous Energy has confirmed it has hired Guy Lavarack as chief investment officer (CIO). In the new role, Lavarack will be responsible for raising finance for Luminous’ solar energy and battery storage projects, to enable the company to build

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NTR completes c.£38 million financing deal to support 80MW renewable pipeline

NTR completes c.£38 million financing deal to support 80MW renewable pipeline

Published: 21 Sep 2022, 15:11 NTR completes c.£38 million financing deal to support 80MW renewable pipeline. Image: Getty Images. NTR has completed a c.£38 million financing deal with Rabobank to support development of two projects totalling 80MW in renewable energy generation. The funding will support the development of the two wind and solar projects dubbed

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EDF Renewables unveils plans for 100MW energy park in Wales

EDF Renewables launches community consultation for 100MW Welsh project

Published: 20 Sep 2022, 15:23 EDF Renewables launches community consultation for 100MW Welsh project. Image: EDF Renewables UK. EDF Renewables has confirmed it has launched the first phase of community consultation for a renewable energy project near Neath Port Talbot with an anticipated capacity of 100MW. The Hirfynydd Renewable Energy Park will include a wind

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Downing Renewables & Infrastructure Trust sees NAV assets increase

Downing Renewables & Infrastructure Trust sees NAV assets increase. Image: Getty Images. Downing Renewables & Infrastructure Trust (DORE), who entered the solar market in 2021, has unveiled a net asset value (NAV) total return of 14.1% for a six-month period as it boosts its renewable portfolio. This increase saw its NAV increase to £214 million,

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Present energy prices are ‘unsustainably high’ warns Foresight Solar Fund

Foresight Solar Fund has 50 solar assets in the UK, as well as sites in Spain and Australia. Image: Andreas Gücklhorn (unsplash). Power prices are continuing to boost solar asset value, with Foresight Solar Fund reporting its net asset value (NAV) per share, EBITDA and consolidated revenues jumping over the first six months of 2022,

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49.9MW BayWa r.e. solar project in South Gloucestershire given green light for development

49.9MW BayWa r.e. solar project in South Gloucestershire given green light for development

Published: 16 Sep 2022, 15:10 49.9MW BayWa r.e. solar project in South Gloucestershire given green light for development. Image: BayWa r.e. A 49.9MW solar project being developed by BayWa r.e. and Grüne Energien Solar in South Gloucestershire has received planning permission. The project, which will incorporate a green corridor, will provide renewable energy for the

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‘Support measures do not incentivise energy storage,’ says REA

‘Support measures do not incentivise energy storage,’ says REA

Published: 15 Sep 2022, 11:48 ‘Support measures do not incentivise energy storage,’ says REA. Image: Getty. “Current energy support systems are centred around power generation. If you are a power generation company on these support mechanisms, why would you think about doing energy storage?” said Mark Sommerfield, director of policy at REA at the UK

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It will be ‘socially unacceptable’ for businesses not to have solar, says BeBa Energy

It will be ‘socially unacceptable’ for businesses not to have solar, says BeBa Energy. Image: Scott Webb (Unsplash). “It is going to become socially unacceptable for businesses to not to have solar on their roofs in the short to medium-term,” said Shaun Beattie, sales director of BeBa Energy, at the UK Solar Summit. With the

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MSD Ireland, ESB launches the ‘largest self-generation solar project’ in Ireland

MSD Ireland, ESB launches the ‘largest self-generation solar project’ in Ireland. Image: MSD. Pharmaceutical group MSD Ireland and state-owned Irish electric utility ESB have launched Ireland’s “largest self-generation solar project” at Ballydine, County Tipperary. According to the two firms, the project is Ireland’s largest self-generation solar project boasting a 7.3MW ground mounted solar PV array

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