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

Government mulls more frequent CfD auctions in Net Zero Strategy otherwise devoid of PV policy

The government is to review the frequency of CfD auctions. Image: Getty While the government’s Net Zero Strategy includes plans to review the frequency of Contracts for Difference (CfD) auctions, a concrete UK solar deployment target was absent. Both have been key asks of the industry as of late, with Solar Energy UK being a […]

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Iona Capital enters UK solar market with utility-scale ambitions

Iona Capital enters UK solar market with utility-scale ambitions

Published: 20 Oct 2021, 10:36 The two plan on developing several ground-mounted solar projects of up to 50MW. Image: Iona Capital. Iona Capital has partnered IGas to develop utility-scale UK solar PV, marking its entry into the UK solar market. The first of these solar assets will be located in southern England and will be 25-40MW

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Penso Power’s 3GWh battery storage pipeline build-out fully funded via BW Group investment

Penso Power’s 3GWh battery storage pipeline build-out fully funded via BW Group investment

Published: 19 Oct 2021, 11:57 The 100MW Minety battery energy storage site. Image: Penso Power Penso Power has signed a new agreement with global maritime group BW Group that will see the build-out of the former’s UK battery storage pipeline fully funded. The pipeline of over 3GWh of large-scale battery storage projects are to be

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FRV and Harmony begin construction of second battery storage project

FRV secures financial close with NatWest for 7.5MW/15MWh Holes Bay battery

Published: 18 Oct 2021, 12:14 The Holes Bay battery energy storage site was developed by FRV and Harmony Energy. Image: Harmony Energt Fotowatio Renewable Ventures (FRV) has successfully closed financing for a non-contracted revenue model for its 7.5MW/15MWh Holes Bay battery project. This closing has been completed with NatWest, which is to provide non-recourse financing

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Remove VAT on domestic energy storage and clean tech, industry coalition urges government

Remove VAT on domestic energy storage and clean tech, industry coalition urges government

The letter was signed by almost 30 organisations and companies, including Powervault. Image: Powervault. A coalition of almost 30 industry organisations is calling for the removal of VAT on domestic energy storage and other renewable and clean technologies. Led by the The Association For Renewable Energy and Clean Technology (REA), the coalition said in a

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Solar Energy UK joins renewable and nuclear trade bodies to call for grid decarbonisation

Low Carbon eyes 500MW solar and energy storage site as NSIP market gains pace

According to Solar Media’s market intelligence, the UK now has a pipeline of 24GW of ground-mount solar. Image: Andreas Gücklhorn (unsplash). Low Carbon has confirmed plans to develop a 500MW solar and energy storage park in Lincolnshire, with the initial consultation anticipated to take place in early 2022. The extent of the land available means

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Octopus to invest £150m mandate in renewable assets

Octopus to invest £150m mandate in renewable assets

Published: 13 Oct 2021, 16:36 Octopus Renewables is now the largest investor of utility-scale solar power in Europe. Image: Octopus Energy. Specialist clean energy investor Octopus Renewables has won a £150 million corporate pensions mandate from a large UK-based institutional investor. The Renewable Energy Income Partnership IV (REIP IV) mandate will be used to invest

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Eelpower and SUSI Partners acquire 150MW battery storage portfolio

Eelpower and SUSI Partners acquire 150MW battery storage portfolio

Published: 13 Oct 2021, 13:29 Through the joint venture, Eelpower and SUSI Partners have now acquired 190MW of assets including the 20MW Rock Farm storage facility in Shropshire (pictured). Image: Eelpower. Swiss infrastructure fund manager SUSI Partners in partnership with Eelpower has concluded the acquisition of a 150MW portfolio of battery storage projects. The acquisition

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