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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Bluefield NAV remains strong at £476.7m through H2 2020

Bluefield hires new investment director to support portfolio diversification push

Published: 12 Oct 2021, 12:26 Bluefield’s operational portfolio now consists of 106 PV plants with a total capacity of 613MWp. Image: Bluefield Bluefield Solar has hired Michael Covington as investment director at the company’s investment adviser, adding “significant” wind, solar and capital markets expertise to the company. Convington joins from Alpha Real Capital, where he served

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Gresham House secures PPA for Leicestershire site through Zeigo

Solar Energy Scotland calls for 4GW by 2030 target to ‘realise solar’s full potential’

Currently Scotland has just 380MW of installed solar, but 6GW is possible by 2030 with the right support. Solar Energy Scotland has called on the government to set a minimum target of 4GW of installed solar capacity by 2030, as it asks it to raise its game. The Scottish government is already proposing 8-12GW onshore

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Aberdeen City Council eyes solar development following GGA funding

Aberdeen City Council eyes solar development following GGA funding

Published: 11 Oct 2021, 15:06 Aberdeen City Council is considering the solar development alongside its hydrogen plans. Image: Mike Pennington (Geograph). Aberdeen City Council is eying the development of a solar farm following being awarded a chunk of the Scottish Government’s Green Growth Accelerator (GGA). The council has been given a share of up to

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Construction kicks off at 99MW/198MWh UK battery storage site

Harmony Energy Income Trust eyes IPO to develop 213.5MW of Tesla batteries

Harmony Energy has utilised Tesla batteries at a number of its sites since 2016, including the Contego battery that went live this year. Image: Harmony Energy. Battery energy storage company Harmony Energy Income Trust (Harmony) has announced its intention to undertake an initial public offering (IPO), to fund the development of 213.5MW of projects using

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