solar

ABP invests £6.8mn to install the Humber’s largest roof mounted solar scheme

Associated British Ports (ABP) is investing £6.8mn in the Port of Hull to install the Humber’s largest roof mounted solar scheme. Published on Wednesday 8 January, installations at the Ports of Immingham and Goole currently produce 4.5MW and 1.1MW respectively. The panels will cover ABP warehouses and the engineering workshops…

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14.7MW community solar and battery farm wins finance deal

Social and Sustainable Capital (SASC) and Triodos Bank UK (Triodos) have announced on Wednesday 30 October their renewed investment in the largest community-owned solar farm in the UK. The 14.7MW Heart of England Community Energy is SASC’s sixth community energy investment, where the company has now invested over £15.5mn in…

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IEA: industrial applications to account for the bulk of new solar installations

The installation of solar photovoltaic (PV) systems on homes, commercial buildings and industrial facilities is set to accelerate over the next five years, according to the International Energy Agency (IEA). Published on Monday 21 October, the Renewables 2019 market report forecasts that the world’s total renewable–based power capacity will grow…

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Thousands of homeowners send complaints regarding solar panel installations

Reported by the BBC on Monday 9 September, thousands of homeowners have complained to the financial watchdog regarding the use of domestic solar panel installations, which they have claimed will not bring sufficient financial returns. The Financial Ombudsman Service has received over 2,000 complaints from customers disappointed with the cost…

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STA criticises BEIS’ recent solar deployment figures

Provisional statistics from BEIS released on Thursday 29 August posted a 1.8% increase in the year to the end of July 2019 of installed UK solar capacity to 13,268.7 MW across 1,010,076 installations. However, on Friday 30 August, Solar Trade Association (STA) Chief Executive Chris Hewett called on BEIS to…

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University to expand solar installs

Goldsmiths University of London announced on Monday 12 August that it will be installing significantly more solar panels across its campus in New Cross. The changes come as part of a major drive to cut carbon use across Goldsmiths as the College joins other universities and institutions in declaring a…

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NTR acquires 38.4MW of UK solar

Infrastructure asset management firm NTR has announced that it has acquired nine operational UK solar assets totalling 38.4MW captivity. The acquisition is set to be made via its Renewable Energy Income Fund II at a value of €61.3mn (£54.6mn), on satisfactory completion of certain conditions. This is the first transition…

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Gresham House targets £200mn for renewables-focused investment

Asset management firm Gresham House has announced that it plans to launch an investment trust in the renewable energy sector, with an initial public offering (IPO) target of £200mn. Reported by Investment Week on Thursday 4 October, the Gresham House Energy Storage fund will provide National Grid with utility-scale energy…

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