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Network Rail and EDF sign UK solar PPA
direction of achieving our objectives." Matthieu Hue, CEO of EDF Renewables UK, said: "We are really pleased to be dealing with Network Rail to help them on
Aug 10, 2022 // Markets & Finance News, UK, PPA, EDF, Europe, Matthieu Hue, Network Rail, Jo Lewington, Wendy Morton
Low Carbon to build three UK solar farms
resource business Low Carbon has announced the building of 3 new large-scale UK solar farms. Located in Essex, Derbyshire as well as Buckinghamshire, the
Dec 5, 2022 // Plants, Large-Scale, Commercial, UK, Europe, solar farm, Low Carbon
Bluefield Solar gets 70MW UK PV park
UK-focused revenue fund Bluefield Solar has obtained the operational 70MW Bradenstoke solar farm for ₤ 89m (EUR99m). The business will certainly obtain the economic benefit of all cash flows from the plant from 1 April 2020, it claimed. The plant, which covers an 86-hectare site on a former RAF airbase in Wiltshire, has actually been operational given that March 2015. It is accredited under the Renewable Obligation Certificate (ROC) routine with a tariff of 1.4 ROCs. Bluefield claimed the acquisition has been financed utilizing its revolving credit center, which, in addition to being included September 2022-- with an alternative to encompass September 2023-- has likewise been boosted, through an accordion system, to ₤ 100m. Complying with the purchase, the company's overall arrearage has actually boosted to ₤ 370.4 m and also the complete installed capacity of its portfolio has expanded to 612MW. The projects consist of UK solar possessions with high degrees of government backed earnings streams paid in sterling, Bluefield said. Bluefield Solar chairman John Rennocks stated: "Following the top quality 64MW portfolio of ROC approved UK solar possessions that we acquired in August 2020, the acquisition of Bradenstoke is additional proof of our capability to source appealing possessions with high degrees of regulated profits. " This procurement is promptly accretive to incomes and also additional underpins our forecasted outcomes and also returns for the existing fiscal year ending in June 2021 as well as beyond. " The board as well as our investment adviser continue to thoroughly assess a strong pipeline of opportunities throughout both main as well as secondary markets."
Jan 11, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, UK, Europe, John Rennocks, solar farm, Bluefield Solar
NextEnergy Capital introduces ₤ 500m solar fund with support from UK Infrastructure Bank
fund, NextPower UK ESG, is set to be the largest subsidy-free solar mutual fund in the UK, according to NEC. Over the next years, it will certainly
Dec 1, 2021 // Markets & Finance News, UK, Europe, nextenergy capital, NEC, Investment manager NextEnergy Capital, John Flint
Innova sells UK solar roof bundle to Octopus Renewables
consisting of 57 rooftop-mounted photovoltaic or pv (PV) websites in the UK, was unloaded to an investment vehicle managed by UK renewables
Aug 6, 2021 // Markets & Finance News, Rooftop PV, UK, Europe, Peter Dias, Octopus Renewables, Innova
Ampyr Solar Europe's 390MW UK Solar-Storage Takeover
Solar Europe has acquired a 390MW UK solar-storage portfolio from Tyler Hill. The five projects are grid secured and in the process of being submitted for
Jun 29, 2023 // Markets & Finance News, UK, Europe, Ampyr Solar
EDP to spend ₤ 13bn in UK renewables by 2030
comes as part of a larger commitment to spend ₤ 12.86 billion in the UK by 2030, as well as adheres to the company entering the UK onshore market
Oct 19, 2021 // Large-Scale, Markets & Finance News, UK, Europe, EDP Renewables, EDPR, Miguel Stilwell d’Andrade
Ethical Power JV purchases 2 UK solar-battery sites
independent battery facilities, completing 100MWh, at adjacent sites in the UK. Lynher Energy is JV in between Napier Park Global Capital (Napier Park) and
Jul 26, 2022 // Plants, Large-Scale, Commercial, Storage, UK, Europe, PV Power Plant, Lynher Energy, Chris Sparrow
UK post-subsidy solar pipeline swells to 5GW
UK’s post-subsidy large-scale solar pipeline has swelled to more than 5GW after a flurry of activity in the first half of 2019.  More than 60
Aug 12, 2019 // Plants, Large-Scale, Commercial, UK, Europe, post-subsidy solar, ground-mount, PERC panels, multi panels
Root-Power Plans 315 MW Battery Storage Expansion in UK
UK energy storage company Root-Power has submitted planning applications for six battery energy storage system (BESS) projects, totaling 315 MW capacity. The proposed sites are located in North Yorkshire, Devon, Derbyshire, Bedfordshire, Glamorgan, and Gloucestershire. The flagship project, situated in Camblesforth, North Yorkshire, aims to deliver 200 MWh of power, enough to supply 200,000 homes, and will be strategically placed near a grid connection at Drax Power Station.In addition to these applications, Root-Power is advancing its energy storage portfolio, with construction underway for an 11-MW/22-MWh BESS project in Coryton, scheduled to begin operations in the first quarter of next year. This project is managed by e-STORAGE, affiliated with Canadian Solar Inc. Root-Power is positioning itself to become a significant player in the UK energy storage sector. What are the implications of Root-Power's latest BESS projects for the UK energy landscape? The implications of Root-Power's latest BESS projects for the UK energy landscape are multi-faceted and could significantly influence the future of energy generation, storage, and consumption across the country. Here are some key points to consider: Increased Renewable Integration: By enhancing battery storage capacity, Root-Power’s projects facilitate greater integration of renewable energy sources, such as wind and solar, thus contributing to the UK’s carbon reduction goals and supporting a transition to a low-carbon energy system. Enhanced Grid Stability: The addition of 315 MW of energy storage not only provides backup power but also helps balance supply and demand fluctuations, increasing the stability of the grid. This mitigates risks associated with intermittency in renewable energy generation. Energy Security: With significant energy storage capabilities, the UK can bolster its energy security, reducing reliance on imported fuels and fossil energy sources, especially during peak demand periods. Support for Decentralized Energy Models: The projects signal a shift towards decentralized energy models, empowering local energy networks and communities to harness energy storage solutions that can be used during times of high demand or grid outages. Job Creation and Economic Growth: The construction and operational phases of these energy storage projects are likely to create numerous job opportunities, contributing to local economies and the overall growth of the green economy in the UK. Regulatory and Policy Impact: This series of projects might prompt the UK government to reassess energy storage regulations and policies, potentially leading to more favorable frameworks for energy storage investment and development in the future. Innovation and Technology Development: Root-Power's initiatives may encourage technological advancements in energy storage solutions, fostering innovation within the sector and paving the way for new technologies that improve efficiency and performance. Investment Attraction: The scale and ambition of Root-Power’s projects could attract further investments in the energy storage sector, as investors look for opportunities in the rapidly evolving energy landscape driven by decarbonization trends. Community Engagement and Benefits: Successful implementation of these projects can lead to community engagement initiatives, where local populations benefit from renewable energy projects through incentives, community funds, and enhanced energy resilience. Potential Future Expansion: If Root-Power’s projects are successful, it could lead to further expansion in similar projects across the UK, increasing overall energy storage capacity and encouraging widespread adoption of battery technology in energy systems. Resilience Against Energy Crises: By providing robust energy storage solutions, Root-Power’s projects may help the UK navigate future energy crises, including disruptions from geopolitical factors or climate-related events, thereby enhancing overall resilience in the energy supply chain. Overall, Root-Power's latest BESS projects mark a pivotal development in the UK's energy landscape, fostering a more sustainable, secure, and flexible energy system.
Oct 17, 2024 // Storage, UK, Europe, Root-Power
AIMCo, Railpen purchase UK battery storage platform stake
stake in the Constantine Energy Storage (CES) battery storage platform in the UK. CES will spend greater than ₤ 400m to construct out a pipe of grid-scale
Jul 29, 2022 // Storage, UK, Europe, AIMCo, Railpen, Ben Hawkins, Graham Peck
Recurrent Energy sells 49.9-MWp UK solar project to Centrica
of Canadian Solar Inc, has sold the 49.9-MWp Middle Road solar project in the UK to Centrica Business Solutions. The project, located in the West Midlands, is
May 31, 2024 // Plants, Large-Scale, Commercial, UK, Europe, recurrent energy, Centrica, Solar Project
EDF launches significant UK solar-plus-storage crossbreed hunt
plans to bring forward at least 1GW of subsidy-free solar farms in the UK, most of which are to be established utilizing trackers and also bifacial
Jun 30, 2020 // Plants, Large-Scale, Commercial, Storage, UK, EDF, hybrid, Europe, solar-plus-storage, subsidy-free solar, macquarie, Green Investment Group, colocation
Schroders Greencoat, Innova kind UK solar platform
operate solar power generation and battery storage projects throughout the UK. As part of the partnership, funds handled by Schroders Greencoat have along
Apr 5, 2023 // Plants, Markets & Finance News, Storage, UK, Europe, Innova, Schroders Greencoat
20MW UK green hydrogen project obtains financing
as Associated British Ports (ABP) have actually effectively secured matched UK Government moneying to examine creating green hydrogen to decarbonise the Port
Sep 15, 2021 // Solar to Fuel, UK, Europe, hydrogen, green hydrogen, England, Siemens Energy, UNIPER, PORT OF IMMINGHAM, PORTS