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ROC

Brexit paralysis and lack of incentives leave community energy facing uphill struggle in the UK

The future benefits of technology such as smart meters and the associated aggregation of small scale generation are not being adequately rewarded, support for solar and wind is being cut off and parliament is fixated solely on one issue.

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Investment fund refinances 200 MW of UK projects set up under subsidy regime

A bevy of lenders from Australia, Germany and the Netherlands have provided up to £272 million for 17 solar and onshore wind projects that benefit from the U.K.’s expired incentives program.

Foresight Solar acquires 80 MW project portfolio in UK

The latest acquisition means the solar energy investment company has expanded its portfolio to 869 MW across 54 installations. The company says the increased diversification of its portfolio will improve operational efficiencies.

Renewables account for 31% of UK electricity, installations remain flat

The U.K. government has cold-shouldered PV with a row of disfavourable policies, which have put at risk the financial viability of new arrays. In the past few last years, the market has remained almost flat, with installations sitting at around 200 MW per year.

Foresight Solar Fund completes acquisition of 114 MW UK portfolio

U.K. investor the Foresight Solar Fund today announced the acquisition of a portfolio of operational PV projects, following a placement of new shares in June which raised around £48.1 million.

Anesco formally opens UK’s first subsidy-free solar farm, complete with storage

The 10 MW Clayhill solar farm and storage facility, developed by British renewable energy developer Anesco, was officially opened by the U.K. government’s climate change minister Claire Perry.

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UK’s Lightsource and BlackRock team on £1bn solar strategy

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.

Hive Energy’s subsidy-free 40 MW UK solar plant gets approval

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.

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Anesco completes 130 MW of UK projects ahead of ROC deadline

The British developer has completed PV projects totaling 130 MW in the UK. All the plants were connected in time for the 31 March 1.2 ROC deadline.

Trina Solar sells 30 MW of UK solar assets to Pensions Infrastructure Platform

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.

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