Foresight Solar Fund acquires 49.6 MW UK PV plant
Second large-scale solar investment in 2017 sees the London-headquartered investment firm snap up the Sandridge solar farm in Wiltshire, southern England.
Lightsource acquires 469 solar installations in the UK
The British solar developer has purchased 1.32 MW of residential solar PV installations from Ecos Solar Nine as it continues its pivot towards O&M and PV monitoring in the U.K.
UK urged to adopt flexible electricity system to support renewables, finds new UKERC report
The U.K. Energy Research Centre has called on the British government to invest in greater grid flexibility if it is to make renewable energy sources cost-effective. Solar Trade Association calls the report “timely”.
Foresight Solar Fund annual results show impressive growth
The investment company, which focuses on operating ground-mount solar assets in the UK achieved total revenue of GBP 34.2 million (US$ 42.7 million).
UK local authorities cite lack of Government support as main barrier to solar
A Freedom of Information request made by Korean giant LG Electronics has revealed that 47% of local authorities in the UK see the lack of Government incentives as a barrier to solar investment.
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.
UK energy storage: business models that wait for the policies
The Renewable Energy Association’s energy storage conference that took place in London this week affirmed the U.K.’s immense energy storage potential. To unlock this potential, however, the sector is waiting for policymakers to unveil new policies that will make country’s energy much more storage-friendly.
Electric vehicle purchases rise by one-fifth in UK
New car registrations across Britain hit a 12-year high last month, with electric vehicles (EVs) accounting for 4.2% of that figure – a one-fifth increase on the previous month.
UK solar funds feeling warm glow of Brexit, finds BNEF
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.
UK failing to meet EU’s modest renewable targets, finds European Commission
Policy changes have slowed the U.K.’s progress towards 2020 renewable energy goals as the country wrestles with the forthcoming Brexit turmoil. France and Netherlands also on watchlist, says Commission.
