Enso Energy and the former U.K. national Green Investment Bank now owned by Australian investor Macquarie, have revealed plans to develop an extensive solar project portfolio across England and Wales that will reportedly include tracker and bifacial technology and will be financed by power purchase agreements.
The Welsh Government, together with a number of local organizations, is calling for the U.K. Government to renew its support for solar and onshore wind development. In addition to reducing costs, it says these industries will help it survive a post-Brexit world.
The U.K.’s National Grid has published data showing that summer 2017 achieved a new landmark for clean energy, with the electricity powering the nation’s homes and businesses the “greenest ever”.
The U.K. solar PV market has grown by 900 MW in the first half of the year to reach 12.7 GW, according to preliminary statistics published by the government.
The projects were commissioned on behalf of clean energy investment group Octopus Energy Investments and are eligible for a 1.2 ROC subsidy.
The leading British solar energy developer has connected 14 new solar parks in England, Scotland and Wales well ahead of the March 31 deadline for 1.2 ROC eligibility.
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.
Chinese solar plant developer secures sizable non-recourse term loan facility to refinance 50 MW of solar PV parks in the U.K. Finance supplied by British bank NatWest.
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