United Kingdom

A Freedom of Information request made by Korean giant LG Electronics has revealed that 47% of local authorities in the UK see the lack of Government incentives as a barrier to solar investment.

British pension investment fund purchases six 5 MW solar farms located in various sites across England, for an undisclosed sum from the Chinese solar power company.

The Renewable Energy Association’s energy storage conference that took place in London this week affirmed the U.K.’s immense energy storage potential. To unlock this potential, however, the sector is waiting for policymakers to unveil new policies that will make country’s energy much more storage-friendly.

New car registrations across Britain hit a 12-year high last month, with electric vehicles (EVs) accounting for 4.2% of that figure – a one-fifth increase on the previous month.

Data from Bloomberg reveals doubling in trading volume of leading U.K.-listed solar funds since last June’s EU referendum as the weaker pound and higher power prices makes solar investment more attractive.

Policy changes have slowed the U.K.’s progress towards 2020 renewable energy goals as the country wrestles with the forthcoming Brexit turmoil. France and Netherlands also on watchlist, says Commission.

Allianz Renewable Fund 2 acquires three large scale solar PV plants from Germany’s BayWa r.e., amounting to 100 MWp of additional solar capacity.

The Chinese group has finalized its acquisition of the entire equity interest in Luxembourg-based Notus Investments 2 S.à r.l., which owns 82.4 MW of operational solar capacity at six undisclosed sites throughout the U.K. 

German solar developer and equipment supplier BayWa r.e. has announced the acquisition of U.K. O&M service provider Green Hedge Operational Services from the Green Hedge group, adding to its already impressive British portfolio of solar plants under its management.

The battery storage company ends 2016 with an order pipeline of 1.2 GW through to the end of 2018, latest reports show.