Foresight Solar has begun a divestment programme for around 200MWp of solar PV projects. Proceeds from the sale will be used to reduce debt and recycle capital into yield-accretive opportunities. Commenting on the company’s results, Alexander Ohlsson, Chairman of Foresight…

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Ethical Power has secured a £20 million debt facility from Thrive Renewables to fund its equity commitments to projects and to support project development and construction of large-scale solar and battery projects. The loan has been agreed for a six-year…

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Ørsted has entered its first solar project in the UK. One Earth Solar Farm is a proposed 740 MW solar farm, with associated battery storage, that will primarily be located in Nottinghamshire near the border of Lincolnshire and is being…

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Atrato Onsite Energy has agreed to acquire 34MW of solar PV systems situated on residential rooftops across the UK with a total value of £77.3 million. The investment company said the installations are being acquired from a fund managed by…

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The government has awarded grants totalling £46 million to 26 businesses in three government competitions: the Industrial Hydrogen Accelerator Competition, the Red Diesel Replacement Competition, and the Industrial Energy Transformation Fund. The Industrial Hydrogen Accelerator Competition resulted in two awards.…

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A US consortium is investigating recycling silicon wafers from PV panels for use in batteries for electric vehicles, claiming the recycled material can also cut battery costs, and the project has won funding of $2,825,524 from the US Department of…

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Veolia has begun operations at a 59MW solar array on a restored landfill area. The site at Ockendon, in Essex, has been developed with technology provider REG Power Management. This additional renewable capacity adds to Veolia’s existing solar energy facilities…

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Ben Backwell, chief executive, Global Wind Energy Council: “The UK government didn’t listen to repeated industry warnings about inflationary pressures and increased capital costs so it is no surprise that the auction has been a failure. “This is a huge…

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Gresham House Energy Storage Fund (GRID), which operates 640MW/738MWh of battery storage, has complained of delays in new software that would allow system operator NGESO to call on batteries in preference to fossil plants. GRID said that delay had exacerbated…

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The government has softened slightly over its de-facto ban on onshore wind in England. Secretary of State for Levelling Up, Housing and Communities, Michael Gove said: “To increase our energy security and develop a cleaner, greener economy, we are introducing…

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