Vodafone, Mytilineos and Centrica sign second solar PPA for 232MW
Telecommunications giant Vodafone UK has signed a second corporate solar power purchase agreement (PPA) with Mytilineos and Centrica.
Solar Markets & Finance
‘Realistic budget and sustainable prices’ at CfD auction needed for private investment in solar
By setting a “realistic budget and more sustainable prices” for renewable electricity in the upcoming Contracts for Difference (CfD) auction, the UK Government could bolster private investment within solar, RenewableUK said.
Octopus Energy launches new combined solar, battery and EV tariff
Octopus Energy has launched a brand new tariff for customers with solar, a battery and an electric vehicle at home.
Zenobē secures £235 million to develop two battery energy storage projects in Scotland
Zenobē secures £235 million to develop two battery energy storage projects in Scotland. The agreement also includes a £400 million accordion facility that will be used to debt finance expansions as well as future projects.
GETI 2023: how ‘tectonic shifts’ in the energy industry have affected the solar industry’s workforce
The seventh annual Global Energy Talent Index (GETI) examined how the “tectonic shifts” happening in the energy industry have affected the job satisfaction and career aspirations of its employees.
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Good Energy launches new smart export product for Feed-in-Tariff customers
Energy supplier Good Energy is launching a new smart export product for its Feed-in-Tariff (FiT) customers.
Inflation helps mitigate windfall tax in Foresight’s NAV
Renewable investment company, Foresight Solar Fund, has released its Net Asset Value (NAV) and Trading update for Q4 2022 reporting a slight increase in its unaudited NAV and forecasting that inflation will offset downward pressure caused by the windfall tax.
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Number of PPA deals in Europe grow but volume falls, finds Pexapark
Across Europe, the number of power purchase agreements (PPAs) increased by 4.5% in 2022, according the European PPA Market Outlook 2023 conducted by Pexapark.
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PPA prices jump 30% in the UK, biggest increase in Europe
The UK saw some of the biggest increases in solar power purchase agreement (PPA) prices in Europe in Q4 2022, jumping 30%.
Economics of solar have ‘switched’ but grid and ‘cumulative overdevelopment’ challenges remain
The economics of developing solar have “decisively switched” according to a panel of experts this week, but development still faces a number of barriers with the most significant being the grid.
Windfall tax sees Octopus Renewables’ portfolio NAV decrease by £10.6 million
The UK’s newly introduced Electricity Generator Levy has seen Octopus Renewables’ net asset value (NAV) on its renewable portfolio decrease by £10.6 million as of 31 December 2023.
Octopus Renewables Infrastructure Trust increases its dividend target for the second year
Closed end investment company Octopus Renewables Infrastructure Trust has increased its target dividend for the second year in a row.
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NatWest to receive 50MW of renewable energy through new CPPA
NatWest, has signed a Corporate Power Purchase Agreement (CPPA) with EDF Renewables UK, which will see the retail and commercial bank benefit from 49.9MW of renewable power.
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How much could a domestic solar installation save you in 2023?
Two years into the Solar Export Guarantee and amid the record high power prices, Solar Power Portal talked to Gridcog to find out what sort of savings households could see from a rooftop solar installation.
CWL-commissioned poll shows windfall tax on solar lacks public support
A poll commissioned by electric utility company, Community Windpower Ltd (CWL) showed that 41% of the nationally representative sample of 1,000 UK adults disagreed with the proposed increase in windfall tax for solar and other renewably generated energy.
Over £840,000 invested in Midlands solar co-op project
Following the end of the first share offer on 10 December 2022, the Big Solar Co-op, a Shrewsbury-based not-for-profit organisation, has announced that over 250 people have collectively invested more than £840,000 to support the development of a portfolio of solar projects.