UK Government: ‘The devil is in the details’ for allowing RE in Capacity Market
A conference held this week in London shed light on the U.K. Government’s timeline for reviewing its Capacity Market and Contracts for Difference schemes, and what the changes could mean for renewable – and specifically solar PV – energy projects.
Official statistics illustrate UK solar market’s sluggish growth
Despite a remarkable cumulative PV capacity of over 12.8 GW, newly registered PV systems in the first four months of this year amounted to a disappointing 72 MW. The U.K. Solar Trade Association does not expect the current poor growth trend to improve unless the government provides more regulatory certainty.
Clean Growth Strategy: has solar become a dirty word for UK government?
The £2.5 billion Clean Growth Strategy makes no direct mention of solar power, despite explicitly laying out support for numerous policies that will rely – directly or indirectly – on the presence of PV, such as EV charging, property retrofits and green mortgages.
UK cities and communities in line for £3m government funding
Local communities and cities to receive government aid to fund and manage green projects in government-backed bid to drastically reduce carbon emissions, reports the Guardian.
UK CfD auction sees renewables set record-low strike price
Two offshore wind farms to be built for just £57.50 per MWh following today’s second Contracts for Difference subsidy auction – well below price government guaranteed for Hinkley Point C nuclear farm.
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.
