REA calls for creation of new market mechanism for longer-duration energy storage

REA calls for creation of new market mechanism for longer-duration energy storage

Longer-duration storage covers a number of technologies, including flow batteries such as those from Invinity Energy Systems. Image: Invinity Energy Systems. A new market mechanism for longer-duration storage should be created according to the Association for Renewable Energy and Clean Technology (REA). In a new report, the trade association looked into the need for longer-duration […]

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Edinburgh Community Solar Co-operative nears completion of 30th installation

Edinburgh Community Solar Co-operative nears completion of 30th installation

Published: 11 Mar 2021, 08:51 Waverley Court solar installation. Image: ECSC. The Edinburgh Community Solar Co-operative (ECSC) has almost completed its 30th installation, with solar panels being fitted on Waverley Court, the City of Edinburgh Council headquarters. Waverley Court is the sixth public building to have solar panels installed as part of funds secured during

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

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

Gresham House – which manages funds including Gresham House Energy Storage Fund – has recorded a net core income of £40.8 million and an adjusted operating profit of £12.1 million. These were up 29% and 17% from 2019 respectively despite chairman Anthony Townsend describing 2020 in the company’s full year results as being “one of the most

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EDF Renewables receives planning consent for first large-scale UK solar development

EDF Renewables receives planning consent for first large-scale UK solar development

Published: 11 Mar 2021, 11:03 Ground mounted solar. Image: EDF. EDF Renewables has received planning consent for its 49.9MW Sutton Bridge solar farm, the company’s first large-scale solar development in the UK. South Holland District Council has granted permission for the project after EDF Renewables submitted it in December following a period of consultation with local

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Thrive Renewables continues to expand portfolio with 20MW battery asset acquisition

Thrive Renewables continues to expand portfolio with 20MW battery asset acquisition

The battery will be built on Feeder Road in Bristol. Image: Thrive Renewables. Thrive Renewables has acquired its second battery storage asset, with this being a 20MW battery project in Bristol. It has the capacity to deliver between one and two hours of electricity for flexibility services such as frequency response and balancing services to the

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Nissan eyes 20MW of solar PV for Sunderland manufacturing plant

Nissan eyes 20MW of solar PV for Sunderland manufacturing plant

Published: 12 Mar 2021, 11:34 Image: Nissan. Nissan is to nearly triple the renewable energy generation at its Sunderland manufacturing plant with a proposed 20MW solar farm. This new 37,000-panel extension would go in alongside the existing wind turbines and solar farm, resulting in 20% of the plant’s energy coming from onsite renewables. The new solar

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EDF acquires 100MW of solar as UK portfolio continues to grow

EDF acquires 100MW of solar as UK portfolio continues to grow

Image: EDF. EDF Renewables has acquired two grid scale solar projects, adding 100MW to its growing UK portfolio. It has acquired Burwell, a 49.9MW consented project in South East Cambridgeshire from AGR, and it has acquired Porth Wen, also a 49.9MW consented project, this time in North Anglesey, from developer Countryside Renewables. This second site

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PODCAST: Short-term solar price pressure and the rise of SPACs

PODCAST: Short-term solar price pressure and the rise of SPACs

Published: 15 Mar 2021, 11:00 By: Solar exports could be about to become more expensive. Image: Yingli Green. The new episode of the Solar Media Podcast, sponsored by Honeywell, is now available stream, as we explore recent solar price hikes in China. Raw material shortages, combined with surging demand, have seen prices for solar modules

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Octopus Renewables looks to further growth after strong first year results

Octopus Renewables looks to further growth after strong first year results

Octopus Renewables Infrastructure Trust (ORIT) has hailed the success of its inaugural year with a gross asset value of £441 million from 24 assets. In its first full year results, the company highlighted that 100% of the net proceeds from its Initial Public Offering (IPO) have now been committed, with successful acquisitions including eight UK

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