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Solar project development costs ‘increased by 50% off back of windfall tax and inflation’
The cost of developing solar projects has increased in upwards of 50% as a result of the Electricity Generator Levy and inflation, Energy UK has said.
Articles tagged with: Residential
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Solar to benefit from OVO Energy’s support for community-led energy projects
Solar could benefit from a new arrangement which has seen OVO Energy join Community Energy England as a principal supporter.
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High demand for cheap renewables sees Scottish solar interest soar
Power station closures in Fife and East Lothian, combined with rising interest in cheap, renewable energy has seen demand for solar PV soar in Scotland, property consultancy Galbraith has said.
Prestigious engineering prize awarded for research and development in PERC solar technology
The 2023 Queen Elizabeth Prize for Engineering (QEPrize) has been awarded for the research and development of passivated emitter and rear cell (PERC) solar photovoltaic technology.
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Wienerberger releases integrated solar roof tile to comply with the Future Homes Standard
Austrian building company Wienerberger’s UK and Ireland branch has launched a new roof tile which provides homebuilders with an integrated solar energy source.
Demand for solar installers grows 315% as profession tops ranks for best jobs in 2023
Over the last three years there’s been a 315% increase in the demand for solar installers, according to new data from hiring platform Indeed.
Super-sized solar projects and NSIPs: Botley West’s Mark Owen-Lloyd on PV and public policy
In the UK, a new wave of large-scale solar projects continue to emerge as the country accelerates towards net zero targets, including reaching a decarbonised power system by 2035. At the heart of these are Nationally Significant Infrastructure Projects (NSIPs).
Net Zero Review calls for ‘rooftop revolution’ to unlock 70GW of solar by 2035
The Department for Business, Energy and Industrial Strategy (BEIS) has released the Chris Skidmore MP independent review into the UK’s net zero prospects which calls for a “rooftop revolution” to unlock 70GW of solar generation by 2035.
Solar industry emphasises need for solar to be installed on new homes
Figures from the solar industry have emphasised the need to install solar panels on all new housing developments to the House of Commons Environmental Audit Committee.
Government should ‘level the playing field’ by introducing investment allowance to windfall tax
The Government should “level the playing field” by expanding the investment allowance to the Electricity Generator Levy.
Viridian Solar to supply solar technology for Legal & General Modular Homes
Solar manufacturer Viridian Solar has signed a group deal with Legal & General Modular Homes to see buildings exclusively use clearline fusion roof integrated solar until 2025.
Octopus Energy to break into solar installation market
Octopus Energy has announced it will add domestic solar photovoltaic (PV) to its home energy tech installation portfolio, to help customers cut down on energy costs.
Exagen submits plans for 500MW/1GWh battery storage mega-project
Exagen has confirmed that it has submitted plans for a 500MW/1GWh battery storage mega-project to Blaby District Council.
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YuanTech Solar gains MCS certification for PV modules
YuanTech Solar, a newly established solar PV manufacturer based in China, has confirmed it has received Microgeneration Certification Scheme (MCS) certification granting greater access to the UK market.
UPOWA to provide solar and battery storage technology for ‘ground-breaking housing project’
Sustainable technology solutions provider, UPOWA, has been selected to install a 479kWp roof-integrated solar solution alongside 5kWh UPOWA Home Batteries for 233 homes at the mixed-tenure development, Wild Walk, in Telford.
Field’s 20MW Oldham battery storage project becomes company’s first in full operation
Field has confirmed its 20MW battery energy storage site in Oldham has become the first in its portfolio to be fully operational.
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Solar PV and BESS could save households £40,000, says Solar Energy UK
Harnessing solar energy via PV and a battery energy storage system (BESS) in a mid-terrace home, compliant with the Future Homes Standard 2025, could see savings of around £40,000 over their lifetime, Solar Energy UK has said.
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MSPs call on Scottish Government to set 4-6GW solar target by 2030
Cross-party MSPs have released a letter calling on Scotland to set a target of between 4-6GW of solar power capacity, to help it achieve its full potential.
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Foresight Solar Fund sees 2.1% NAV increase in Q3 due to high power forecasts and rising inflation
Foresight Solar Fund (FSF) has recorded a 2.1% net asset value (NAV) increase to £771.2 million due to high-power forecasts and rising inflation.
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3.2MW Shropshire solar farm comes into 100% community-ownership
The village of Sheriffhales, Shropshire has completed the acquisition of a 3.2MW solar farm to bring the array into 100% community-ownership.
840MW Botley West solar project launches first phase of public consultation
Proposals have been brought forward by Photovolt Development Partners (PVDP) for the creation of a solar project in Botley West, Oxfordshire, which could deliver 840MW of clean energy to National Grid.
‘We haven’t got a hope in hell in net zero’ without focus on heat decarbonisation, says Naked Energy
Britain’s renewable energy sector has continued to boom in recent years, as the need to decarbonise electricity generation remains at the forefront of the country’s efforts to reach net zero. While it could arguably be seen as a success story however, other sectors have lagged behind, not least heat.
JBM Solar receives planning permission for 49.9MW project in Ashorne
JBM Solar has confirmed it has received planning permission to develop a 49.9MW solar and co-located battery storage project based in Ashorne.
Shropshire village raises £3.5 million to incorporate 3.2MW community solar array
A 3.2MW community solar array will be brought into local community ownership in the village of Sheriffhales, Shropshire, with £3.5 million having been raised.
Scottish Government warned on plan to remove new building solar PV mandate
The Scottish Government has been warned that its plan to remove the need to install solar PV systems on new properties and instead install heat pumps could have “major unintended consequences” said Solar Energy Scotland.
Engenera confirms new appointments to support UK-wide expansion
Solar energy company Engenera Renewables has unveiled the hiring of new key members of its team as the firm eyes a UK-wide expansion.
Solar Energy UK and SolarPower Europe launch the Solar Stewardship Initiative
Solar Energy UK and SolarPower Europe have jointly launched the Solar Stewardship Initiative (SSI) detailing plans to develop responsible, transparent and sustainable solar value chains.
ReneSola Power acquires 50MWp Lincoln solar farm
ReneSola Power has acquired a 50MWp solar farm in Branston, Lincoln.
NTR completes c.£38 million financing deal to support 80MW renewable pipeline
NTR has completed a c.£38 million financing deal with Rabobank to support the development of two projects totalling 80MW in renewable energy generation.
Raven Renewables to install solar panels for Property Experts
Housing association-run solar installer Raven Renewables has agreed a deal with property investment, development and sourcing professionals Property Experts to integrate solar panels on a three-storey building.