Octopus energy

The growth of European rooftop solar continues this year, with innovative companies raising capital to develop the market. It’s an encouraging trend with the potential to accelerate rooftop solar adoption. pv magazine correspondent Valerie Thompson takes a closer look.

Homes and small businesses in England and Wales will be able to claim a discount off installation costs from a fund that will allocate $188 million annually as part of the subsidy program.

A conference about the UK’s electricity market showed organizations are considering the future of the country’s energy sector and how to achieve a net zero economy.

UK electricity retailers are ramping up their efforts to sign power purchase agreements for PV projects.

A consortium of investors is evaluating a hydrogen production project on the Orkney Islands to the north of Scotland, that would transform the island into a hub for hydrogen production, taking advantage of abundant wind resources nearby in the North Sea.

Octopus Energy and RES have announced a new partnership under which they plan to invest GBP 3 billion in the construction of green hydrogen plants throughout the United Kingdom by 2030.

Plus, Australia’s Greens want renewables front and center of the post Covid-19 economy and Mexican plant owners are overturning a politically-motivated ban on clean energy, however, Indian developer Acme solar says pandemic delays warrant it reneging on the terms of the record-low solar price agreement it signed.

Another large scale transaction by the electricity and gas supplier has enhanced its standing in the U.K. energy market, with the business now counting more than one million customers.

The launch of the U.K. Smart Export Guarantee regime today failed to include a price floor – as predicted by trade body the STA – but the government did not rule out future intervention. Commercial customers, however, still have no way of securing payment for their excess power.