Market intelligence company Cornwall Insight has warned that extending the windfall tax to renewable energy companies such as solar power funds would be disproportionate to profits.
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Solar farm owner Toucan Energy Holdings has reportedly entered into administration, with Thurrock Council having run up debts of around £1.5 billion.
A joint venture 50MW battery storage project owned by clean energy developers Intelligent Land Investors (ILI) Group, Abbey Group and YOO Energy, has been sold to the French multinational energy company ENGIE.
A 50MW battery energy storage facility being developed by Statera Energy has entered commercial operations in Malmesbury, Wiltshire.
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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.
Gresham House Energy Storage Fund has secured £155 million incremental term debt via an Accordion arrangement contemplated under an existing senior debt facility.
The Solar Power Portal editorial team is reporting live from Solar & Storage Live 2022 at the NEC in Birmingham, bringing you all the insight, news and views from the show floor.
Welcome to Solar Power Portal’s coverage of Solar & Storage Live 2022, taking place at the NEC in Birmingham over 18-20 October. Our editorial team will be reporting live from the event, bringing you all the insight, news and views from the show floor.
The government’s revenue cap sends a poor signal to investors in renewable energy, Solar Energy UK has said.
NextEnergy Solar Fund (NESF) has provided a £60 million increase to its Revolving Credit Facility (RCF) with AIB and NatWest.
Gresham House Energy Storage Fund (GRID) has seen its net asset value (NAV) increase by 53.5% to £785 million, the firm disclosed in its half year results ending 30 June 2022.
Centrica Business Solutions will convert a decommissioned gas-fired power station in Lincolnshire into a 100MWh battery storage facility.
Bluefield Solar has been promoted to the London Stock Exchange’s FTSE 250 index.
Octopus Energy has doubled its ‘Fixed Outgoing’ tariff to help lower customers' bills as they head into winter.
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Power prices are continuing to boost solar asset value, with Foresight Solar Fund reporting its net asset value (NAV) per share, EBITDA and consolidated revenues jumping over the first six months of 2022, but the fund said prices are unsustainably high currently.
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“It is going to become socially unacceptable for businesses to not to have solar on their roofs in the short to medium-term,” said Shaun Beattie, sales director of BeBa Energy, at the UK Solar Summit.