Grid connections remain significant barrier despite ‘dynamic’ Irish solar sector
Despite a surge in activity, grid connections remain a key barrier to the development of solar projects in the Republic of Ireland.
Despite a surge in activity, grid connections remain a key barrier to the development of solar projects in the Republic of Ireland.
The scale of Nationally Significant Infrastructure Project's (NSIP) can help to counterbalance many of the challenges solar project developments face currently, including those around grid connection, said speakers at Solar Media's Solar Finance and Investment Europe conference.
The UK solar industry installed 545MWp (DC) of new solar PV capacity during 2020, the first full calendar year when no government subsidies were on offer.
Canadian Solar has said it is in the process of developing a pipeline of subsidy-free solar farms in the UK, joining a recent flurry of developers to return to the build-out phase.
Wyelands Bank has set its sights on becoming one of the early movers in subsidy-free solar finance in the UK, investing in a range of projects in a bid to stimulate the market.
Bluefield Solar Income Fund (BSIF) has heralded the arrival of subsidy-free utility-scale solar in the UK, confirming it has dipped its toe into the waters with a handful of pipeline agreements.
The UK’s net zero law stands to create a “supportive environment” that could act as a catalyst for subsidy-free solar developments, Foresight Solar Fund has said.
Financing is the last obstacle to more widespread subsidy-free developments throughout Europe as merchant risk remains problematic to debt providers, industry experts have concluded.
The corporate power purchase agreement (PPA) market is currently struggling from a “large gulf” in understanding that standardisation could solve, but the industry is still a “long way off” from introducing them.
The continued growth of the secondary solar market on a pan-European scale will result in “exciting times” for the sector, but big utilities are unlikely to stay on the sidelines.
Representatives of some of solar PV’s leading European finance houses will meet in London this week as the continent’s solar industry inches ever closer to grid-parity.
Finlay Colville, head of market research at Solar Media, delves into the UK large-scale solar pipeline to reveal what really could be built over the next 12 months.
BayWa r.e. has landed a contract to provide operations and maintenance services to Octopus Investments for 13 of its UK solar farms.
Greencoat Solar has added a further 60MW to its portfolio with a new acquisition, taking its total installed capacity above 600MW.
NTR has landed €229 million (£207 million) in commitments for its second renewable energy income fund, attracting interest from some of Europe’s biggest financial powerhouses.
Lightsource BP has confirmed that it has clinched a deal with Budweiser brewer AB InBev to develop and operate PPA-backed, subsidy-free solar farms.
Large-scale solar deployment in the UK is set to re-ignite next year as the technology continues to beat all previous cost estimates and could be as cheap as £40 per megawatt hour by 2030, the Solar Trade Association has said.
Lightsource BP is to deploy more than 300MW of utility-scale solar farms backed by power purchase agreements in the UK, Solar Power Portal can reveal.
NextEnergy Solar Fund (NESF) has tasked energy aggregator Limejump to trade 120MW of its solar generation through a new power purchase agreement (PPA).
Foresight Solar Fund Limited (FSFL) has acquired a portfolio of 11 operational solar farms in the UK for a total consideration of £33.1 million.
Finlay Colville, head of market research at Solar Media, details precisely how the UK’s post-subsidy solar pipeline has soared to just shy of 3GW, while simultaneously forecasting something of a revival for UK solar in 2019 with 500MW to be developed.
NextEnergy Solar Fund (NESF) has added 470MW of subsidy-free PV assets to its acquisition pipeline as an “exceptional” summer of solar saw profits rise.
Hive Energy and Wirsol have submitted their application to develop their planned nationally significant solar farm, Cleve Hill, albeit on a slightly reduced scale to that originally proposed.
50GW of solar would be needed by 2050 if the government is to meet its climate change targets, helping to meet all of summer demand within a zero emission energy system, according to a new report.
Finlay Colville, head of market research at Solar Media, reveals precisely how and where subsidy-free solar in the UK is to get underway next year.
Foresight has revealed it recouped around £13 million in compensation for lost production last year as it cast its eyes beyond what it has termed a “transitionary” year for UK solar.
BlackRock Real Assets’ Kingfisher partnership has kicked into gear, acquiring 13.5MW of solar assets from developer CTF Solar, a unit of China Triumph.
Greencoat Capital has won the race to acquire the highly sought-after portfolio of UK solar assets developed by Canadian Solar.
Data principles like artificial intelligence (AI) and machine learning could play useful, but limited roles in the future of solar asset management, a panel has heard.
Emerging players in the UK’s secondary solar market may struggle as portfolios become more disparate, heaping importance on owners having sufficient teams in place.