Octopus Renewables and Zestec set their sights on £100m solar portfolio in new partnership

Octopus Renewables and Zestec set their sights on £100m solar portfolio in new partnership

Image: Octopus Group. Octopus Renewables has announced a new partnership with Zestec Asset Management to deliver more than £100 million of new build UK solar assets. Funds managed by the specialist clean energy investor arm of the Octopus Group will be used to develop both rooftop solar and private wire ground-mount systems. Already, together the […]

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Aberla completes rooftop solar contract with Herefordshire Council

Aberla completes rooftop solar contract with Herefordshire Council

Published: 12 May 2021, 10:47 Image: Aberla Energy. Aberla Energy has delivered a contract to design, supply and install a 50kWp rooftop-mounted solar PV system for Herefordshire Council. The installation is designed to decrease the Council’s carbon footprint and increase energy savings and security. It forms part of its action to become carbon neutral by

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Octopus Renewables looks to further growth after strong first year results

IEA hails ‘new normal’ of dramatic renewable growth as new solar installations hits 135GW in 2020

Published: 11 May 2021, 10:50 Last year, renewable capacity additions were up by 45% globally to almost 280GW, according to the International Energy Agency (IEA). This was the highest year-on-year increase since 1999, but the agency has said these high additions are the “new normal” in 2021 and 2022. Over the next two years, renewables

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Fourth round CfD auction set to open in December 2021 BEIS confirms

Fourth round CfD auction set to open in December 2021 BEIS confirms

The next Contracts for Difference auction will open to applications in December 2021. Together with the government’s response to the Supply Chain Plans and the CfD contract consultation, the Department for Business, Energy and Industrial Strategy (BEIS) confirmed on Friday (7 May 2021) that the fourth round of the subsidy scheme will begin at the

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Construction begins on Thrive Renewables' first battery storage asset

Construction begins on Thrive Renewables’ first battery storage asset

Published: 7 May 2021, 10:32 Image: Thrive Renewables. A 5MW/7.45MWh battery storage project near Milton Keynes – Thrive Renewables’ first – has this month entered into construction. Initial ground works and site preparation have begun, and will be followed by the earthing installation. After this, the trench will be dug and the cable connecting the Wicken

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Veolia looks to double renewable capacity as it celebrates completion of Warwickshire solar site

Veolia looks to double renewable capacity as it celebrates completion of Warwickshire solar site

Published: 5 May 2021, 15:16 Veolia’s Ling Hall solar farm, on the site of an old landfill in Warwickshire. Image: Veolia. Resource management company Veolia is set to double its renewable electricity capacity, deploying solar panels across restored landfill sites. This includes up to 60MWe of solar, which will work together with biomass and biogas

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EAC calls for minimum floor price for 'flawed' Smart Export Guarantee

EAC calls for minimum floor price for ‘flawed’ Smart Export Guarantee

Image: Nottingham City Council. The Environmental Audit Committee (EAC) is calling for the introduction of a floor price above zero for the Smart Export Guarantee (SEG) to help support community energy. This follows industry feedback gathered through a call for evidence regarding community energy issued by the EAC in February that saw 57 responses. Industry representatives

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Solar and storage microgrid platform eleXsys completes £3.65m fundraise

Solar and storage microgrid platform eleXsys completes £3.65m fundraise

Published: 4 May 2021, 15:50 Image: eleXsys EleXsys Energy has completed a £3.65 million fundraise to support the global expansion of its solar and storage microgrid platform. The Series A capital raise saw investment from predominantly UK and Australian resident investors, with eleXsys Energy itself being incorporated in the UK. Its tech platform enables grid-connected

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JLEN to invest £12m in 50MW Dundee battery following acquisition

Foresight makes first battery acquisition with 50MW UK storage asset

Published: 4 May 2021, 12:47 Both Foresight and JLEN have taken a 50% stake in Sanbridge, JLEN’s fourth battery investment alongside assets such as the co-located battery at its Yorkshire Hydropower asset in North Yorkshire (pictured). Image: JLEN. Foresight Solar Fund and JLEN have each acquired a 50% equity stake in Sandridge Battery Storage Limited,

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Obton increases investment into Shannon Energy as it targets 1GW of solar in Ireland

Obton increases investment into Shannon Energy as it targets 1GW of solar in Ireland

Published: 4 May 2021, 11:57 One of Obton Energy’s solar plants in Holland, Solcellepark Jlousberg. Image: Obton. Danish solar PV business Obton has announced it is to double its investment in Irish solar partner Shannon Energy. This brings its portfolio and pipeline of projects to a total value of €750 million (£649 million), with Obton also increasing

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