SEEIT acquires 69MW renewable energy portfolio from United Utilities

SEEIT acquires 69MW renewable energy portfolio from United Utilities

Published: 13 Jul 2022, 11:36 Onsite solar installations make up 90% of the portfolio, acquired from United Utilities Renewable Energy. Image: United Utilities. SDCL Energy Efficiency Income Trust (SEEIT) has acquired a 69MW portfolio of onsite renewable energy projects from United Utilities Group for approximately £100 million. The portfolio is spread across 70 sites in

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Naked Energy looks to raise £10m to boost US expansion

Naked Energy looks to raise £10m to boost US expansion

Published: 15 Jul 2022, 12:05 Naked Energy’s VirtuPVT collector technology combines solar PV and solar thermal technology. Image: Naked Energy. British solar thermal and solar PVT developer Naked Energy has announced a Series B funding round, as it targets £10 million-plus to go towards major US and further global expansion. The company will additionally use

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UK solar PPA increases 18.4% in Q2 to over £60/MWh in new European PPA Index

PPA contracts continue to “remain attractive” in European markets despite a staggering 47% increase year-on-year. Image: Keele University. Solar power purchase agreements (PPA) in the UK rose 18.4% during Q2 and exceeding £60/MWh, but less than the 24% increase of wind prices. Overall in Europe PPA prices have skyrocketted 47% year-on-year as the continent’s energy crisis persists along

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New community solar group Big Solar Co-op eyes £1.2m raise as it unveils maiden projects

One of the first projects from the co-operative will be the Eden Court Medical Practice Birmingham, which will host a 30kWp solar array and EV charging. Image: Big Solar Co-op. A new solar community energy group, the Big Solar Co-op, has announced its first three projects, located in the Midlands. Created by community renewables veterans

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OVO to invest £1m in solar and wind farms via REGO PPAs

OVO to invest £1m in solar and wind farms via REGO PPAs

Published: 7 Jul 2022, 09:26 OVO’s funding aims to support subsidy-free small-scale and independent wind farms in the UK. Image: Andreas Gücklhorn via Unsplash. OVO will invest £1 million to support new solar and wind farms through power purchase agreements (PPAs). The funding will specifically be focused on supporting subsidy-free Renewable Energy Guarantees of Origins

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We Are Pioneer signs VPPA with UK’s largest community owned solar park

We Are Pioneer signs VPPA with UK’s largest community owned solar park

Published: 8 Jul 2022, 09:12 Ray Valley Solar farm’s 19GWh annual production will provide the power requirement for the four science campuses. Image: We Are Pioneer Group. Developer and operator of life science parks across the UK We Are Pioneer Group (WAPG) has signed a virtual corporate power purchase agreement (VPPA) for four of its

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Over 80% of public happy with solar in their local areas in ‘ringing endorsement’ of technology

Overall, 85% of those surveyed by BEIS in its attitudes tracker backed renewable energy in general. Over 80% of the public would be happy to have a ground-mount solar in their local areas, further confirming the public’s positive view of the technology. In a recent survey from the Department for Business Energy and Industrial Strategy

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