Developers propose 350 MW PV+storage project in UK
A joint venture between leading solar developers Wirsol and Hive Energy has launched a proposal for a solar park ‘in excess of 350 MW’ to be located on Britain’s North Kent Coast. While the proposal is in its initial stages, the developers state that the project will be built without any subsidies.
Octopus Investments expands refinancing with GBP 80 million
Already managing one of the largest solar investment funds in Europe, Octopus Investments has added an additional GBP 80 million, and acquired a further 100 MW solar project.
UK solar households could face bigger bills under controversial new grid charge plans
Plans by energy regulator Ofgem to increase network charges to households that have residential solar PV installed have been revealed in a move that could affect one million rooftops.
Actis look at sale of Ostro Energy to ReNew Power
Ostro Energy acquisition by ReNew Power Ventures may rank among India’s biggest renewable energy deals.
UK: Government survey shows strong public support for solar
Latest results from an ongoing public survey conducted by the British government show that support for solar and renewables is strong and growing across the country. Industry associations continue to call for better policies to support growth in renewable energy.
BBOXX finalizes $5 million finance deal
Up to 150,000 Rwandans will be given access to electricity by next generation utility BBOXX, after it successfully closed the deal on a $5 million facility with Deutsch Asset Management’s essential Capital Consortium.
UK: Industry bodies respond to Cost of Energy review
An independent review into the cost of energy across the UK supply was published earlier this week. The review has seen a mixed response from the renewables segment, and has been criticized by industry bodies for failing to recognize the opportunities presented by a decentralized energy system focused on renewables.
Foresight Solar Fund to issue new share placement
UK based PV project investor the Foresight Solar Fund has announced plans more than GBP 75 million ($99 million) in investments through the placement of new shares.
UK community energy projects: a viable way forward?
Given that the U.K.’s policy support for the solar industry has waned significantly, pv magazine explores whether community energy projects can offer a viable solution for the sector.
Sadiq Khan puts forward London Community Energy Fund in a bid to encourage locally created solar energy sources.
With the aim of producing 2 GW of installed capacity by 2050, the Mayor sets out his vision to reduce emissions in London to make it a cleaner space for people to live, and a more energy efficient city in general.
