MAN Energy Solutions signs turbomachinery deal for Highview Power’s 50MW LAES project

MAN Energy Solutions signs turbomachinery deal for Highview Power’s 50MW LAES project

Published: 16 Jul 2021, 14:10 By: Construction is underway at the site in Greater Manchester for Highview’s 50MW LAES project. Image: Highview Power. MAN Energy Solutions is set to provide the turbomachinery for Highview Power’s 50MW/250MW liquid air energy storage (LAES) project in Greater Manchester. On Wednesday, the Volkswagen-owned engineering group formally signed the deal […]

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Gore Street to issue new ordinary shares placing as it continues to target expansion

Gore Street hails ‘exceptional period’ as Dynamic Containment helps triple net income

Gore Street’s 10MW Lower Road battery energy storage site in Essex. Image: Gore Street. Gore Street Energy Storage Fund saw its NAV increase 192% in the year ending March 2021, as its portfolio continued to expand to 440MW. This is a substantial jump from 189MW in the previous year, and included a growing Irish portfolio.

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Treasury reluctant to reduce VAT on green products including solar

Treasury reluctant to reduce VAT on green products including solar

Image: Eric Hossinger. The Treasury has outlined reluctance to change the VAT level on green products, following calls from industry for reductions to accelerate the rollout of technologies like solar panels and heat pumps. In a letter sent to the MCS Foundation, Treasury minister Jesse Norman argues that reducing VAT for green products would “impose

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BEIS-backed PV uptake study identifies scope for SEG changes

BEIS-backed PV uptake study identifies scope for SEG changes

E.ON’s Solar Reward scheme was to “bridge the gap” between the feed-in tariff and the Smart Export Guarantee, which came into effect in January 2020. Image: E.ON A Guarantee Scheme, financial support and options for surplus energy would all boost domestic solar uptake. This is according to the findings of a study conducted by Basis Social

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Lidl commits to installing solar on all new stores as it targets carbon neutrality

Lidl commits to installing solar on all new stores as it targets carbon neutrality

Published: 13 Jul 2021, 12:08 Wherever permissible, solar panels will now be installed on all new Lidl stores in Britain. Image: Lidl. Supermarket chain Lidl GB has announced that it will be installing solar panels on all new stores as part of a new commitment to be carbon neutral by 2022. This brings it in

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Gresham House records boost in profits despite 'one of the most challenging years'

Gresham House’s pipeline grows to over 500MW as it hails success of £100m raise

Published: 13 Jul 2021, 11:23 Gresham House’s 50MW Wickham Market battery storage site in Suffolk. Image: GRID. Gresham House Energy Storage Fund (GRID) has raised £100 million to construct an additional 240MW of storage projects. It raised the funds through the issue of 89,285,714 ordinary shares of 1 pence, with the issue price per new

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

Maximum uptake for solar generation increases ‘substantially’ in FES21

Published: 12 Jul 2021, 17:16 National Grid ESO’s most ambitious scenario sees solar capacity grow to almost 90GW by the middle of the century. Image: Andreas Gücklhorn (unsplash). Continued price reductions are expected to increase the uptake of solar panels through the late 2020s, National Grid ESO has found. In its Future Energy Scenarios (FES)

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

Strong solar generation helps UK place sixth globally for renewable generation

Globally renewable technologies produced 2,435TWh in 2020. Image: Getty. Thinktank Ember has ranked the UK as sixth in the world for wind and solar generation, with the technologies contributing 29% of its electricity mix in 2020. Its new report, Global Electricity Review, shows that the renewable technologies produced 2,435TWh in 2020, or almost a tenth

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MPs call for ban on import of solar products from Xinjiang to tackle human rights abuses

MPs call for ban on import of solar products from Xinjiang to tackle human rights abuses

There is evidence of forced labour in Xinjiang detention camps, which could be part of the UK solar sectors supply chain. Image: Openclipart.org. The UK’s Foreign Affairs Committee has called for a ban on the import of solar panels from Xinjiang Province, China, to tackle forced labour in the supply chain. In a new report, Never

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