British renewable energy developer Lightsource has entered into a £1 billion partnership with asset manager BlackRock Real Assets to create Kingfisher, which will target 1 GW of solar capacity in the U.K. Partnership will also eye storage opportunities.
In the first year energy storage and electric vehicle sectors are included, REA’s annual publication reveals a 2.5% YoY increase in the number of jobs in the renewable energy industry, but also a significant decline in growth from two years previous when it was at nearly 9%. The Association points to negative policy changes as the reason behind the downward trend.
As costs are driven down by the economies of scale and improvements in manufacturing and deployments, new technologies are finding their way to widespread adoption, as seen in the case of solar modules. In order to facilitate the prediction of costs and outcomes for new energy storage technologies, a team of researchers from Imperial College London has developed a tool to help policy makers and investors make informed decisions.
Business and energy secretary Greg Clark to announce on Monday focused strategy designed to modernize the U.K.’s energy sector and bring more renewables into the fold via sustained support for storage technology.
Just five years after meeting 40% of U.K.’s electricity supply, data from Imperial College London shows that coal only met 2% of the country’s power needs in the first half of the year.
The British solar developer confirms that its proposed 40 MW solar farm in Hampshire, southern England, will be commissioned by early 2018 and built without the need for any form of subsidy or support from government.
A single-cell concentrating photovoltaic system developed by researchers at Penn State University reportedly reached 30% efficiency, and generated 54% more energy during a two-day test than a commercial silicon solar in the same conditions.
The British manufacturer will now source ingots from a third-party supplier and process these into blocks in the U.K.
Private equity fund Zouk Capital has invested the funds into Green Hedge Energy UK to support the development of a series of battery energy storage projects set to take shape over the next 12 months.
The German supermarket chain aims to install 96,000 solar panels atop its stores and distribution centers across the U.K. by the end of the year.
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