NESF’s electricity generation was +6.2% above budget over the past year. Image: NextEnergy Solar Fund. NextEnergy Solar Fund (NESF) is pursuing a 500MW pipeline of energy storage assets after achieving what it said were “solid” financial results. The EBITDA of its portfolio came in at £78 million for the year ended 31 March 2021, a slight […]

Published: 16 Jun 2021, 09:00 A new solar farm set to have an installed capacity of up to 50MW has been approved by Leeds City Council. The Barnsdale solar energy park is being developed by Banks Renewables and is to be located between Kippax and Allerton Bywater. It will include solar panels covering an area

Published: 15 Jun 2021, 13:12 The batteries will be used to provide balancing services for National Grid. Image: Getty. Macquarie’s Green Investment Group (GIG) has acquired a portfolio of 187MWh of late-stage development battery storage projects in the UK. The utility-scale, distribution-connected projects have been acquired from battery storage development and delivery platform Capbal Limited, with

Published: 14 Jun 2021, 17:12 Image: myenergi. Renewable energy product manufacturer myenergi has completed a major product redesign in response to global shortages in silicon. The silicon shortage has caused significant manufacturing issues for companies around the world, with lead times for some microprocessors now over one year. This has had a knock-on effect on

Published: 14 Jun 2021, 13:15 By: Image: Ben Buxton (wikimedia). ILI Group has had its 450MW pumped hydro plant, which is to sit on the shores of the iconic Loch Ness, approved by the Scottish government. Consent was granted by the government Energy Consents Unit after nearly three years of deliberation, to an application made

Published: 14 Jun 2021, 10:28 Image: Anesco. Anesco has been bought by a joint venture between private equity firm Ara Partners and technical and commercial services company Aksiom Services Group. This acquisition – for an undisclosed sum – comes as the company gears up to deliver what CEO Mark Futyan described as the next wave of large-scale

A new fully integrated solar, battery and energy management solution is being offered by a new partnership between distributor Midsummer, Lightsource Labs and Huawei. This solution incorporates Lightsouce Lab’s energy management technology Tribe with the latest generation hybrid inverter and battery system from Huawei. Customers of Midsummer will be able to purchase the Tribe and Huawei

Published: 10 Jun 2021, 10:36 The PM installed the first panel at the 10MW solar site. Image: ScottishPower/Number 10 Construction of ScottishPower’s solar farm at the Carland Cross hybrid wind, PV and energy storage site has begun, with the first of the 10,000 panels installed by Prime Minister Boris Johnson. In a show of support

Image: ORIT. The Octopus Renewables Infrastructure Trust (ORIT) has announced plans to raise approximately £100 million through a proposed issue of further ordinary shares. This would enable the investment manager to target continued expansion of its diversified portfolio across different jurisdictions and different technologies. It has identified a number of renewable energy assets with an aggregate value

Image: Scott Webb (Unsplash). Solar is the most popular choice for businesses looking to invest in renewables as part of their decarbonisation strategies, according to a new report from npower Business Solutions (nBS). In the company’s ‘Plot Your Path to Net Zero – A Focus on Sustainable On-Site Generation’ report, it found that 50% of