Amid falling costs across the industry, Guernsey-based investment company NextEnergy Solar Fund is planning to develop four solar plants totaling 59.8 MW without the U.K. government’s financial backing.
As the UK was bathed in spring sunshine over the last weekend, its patchwork of rooftop and ground-mounted solar panels set a new generation record.
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.
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