Gresham House reveals 802MW pipeline as profits soar in 'milestone' year

Frequency response drives Gresham House’s earnings to £22.4m

Gresham House’s Glassenbury battery energy storage asset. Image: Gresham House Gresham House Energy Storage Fund has seen the EBITDA generated by its portfolio soar to £22.4 million in the first half of this year, jumping from £4.5 million in H1 2020. This was largely driven by attractive frequency response services, representing 88.5% of the total, […]

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NextEnergy energises 115MWp of subsidy-free solar

NextEnergy and Eelpower sign £100m JV to develop 250MW of storage

Published: 17 Sep 2021, 10:56 NextEnergy’s move to diversify its portfolio builds on its 99 operating solar sites in the UK, including its 50MWp subsidy-free Staughton solar farm (pictured). Image: NextEnergy Solar Fund. NextEnergy Solar Fund (NESF) has signed a £100 million Joint Venture Partnership (JVP) with battery storage specialist Eelpower. Together they will look

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Full Foresight portfolio gets digitalisation boost in new Sennen partnership

Highest power prices since Foresight’s inception drive strong H1 results

Shoals Hook solar farm is one of 50 operational sites Foresight owns in the UK, along with one battery asset, four operational solar farms in Australia and four under construction in Spain. Image: Foresight. Rebounding power prices have driven Foresight Solar Fund’s results in the first half of 2021, with its net asset value (NAV)

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Midsummer relaunches solar design software Easy PV

Midsummer relaunches solar design software Easy PV

Published: 15 Sep 2021, 12:22 Midsummer has relaunched the software with updated branding, following a wider company refresh in 2020. Image: Midsummer. Renewables distributor Midsummer has relaunched its solar design software Easy PV. The software integrates design, calculations, paperwork and ordering into one online package. As part of the relaunch, it now boasts an updated

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Up to 3GW of UK renewables targeted by new entrant Evolution Power

Up to 3GW of UK renewables targeted by new entrant Evolution Power

Published: 10 Sep 2021, 16:01 The initial 1GW pipeline is to be funded as part of a partnership with Korkia, with Evolution Power targeting a total of 2-3GW. Evolution Power – a new entrant to the UK renewables market – has partnered Finnish sustainable investment group Korkia to fund an initial 1GW pipeline. Evolution Power is

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Segen bought by City Electrical Factors’ parent company

Segen bought by City Electrical Factors’ parent company

Published: 9 Sep 2021, 10:24 The acquisition of Segen by Labora is expected to close next month. Image: Segen Residential and commercial rooftop solar PV system distributor Segen is to be acquired by Labora Holdings Limited, the parent company of electrical products and services supplier City Electrical Factors (CEF). Labora is to acquire 100% of Segen

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Government unveils allocation of full £500m Local Authority Delivery of Green Homes Grant

NAO slams lack of engagement with installers for ‘over-ambitious’ Green Homes Grant

Installers experienced frustration due to complicated requirements and delays in payments. Image: Maria Godfrida (Pixabay). The government didn’t sufficiently understand the challenges facing installers as part of the Green Homes Grant (GHG), having failed to learn from its own previous energy schemes. That is one of the key findings of a report from the National

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Anesco secures approval for 50MW battery site set to perform multiple grid-balancing roles

Anesco secures approval for 50MW battery site set to perform multiple grid-balancing roles

Anesco built Clayhill (pictured), the UK’s first subsidy-free large-scale solar-plus-storage project, which it then sold to GRIDSERVE last year. Image: Anesco Anesco’s new 50MW battery storage site has been given the green light by Brentwood Borough Council, with the project to be another example of how batteries are benefiting the grid and offering returns for investors, the company has said.  The facility

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