Government’s Clean Power 2030 Action Plan underestimates solar expansion
Trade association Solar Energy UK says it expects solar generation to “considerably exceed” the target set in the Clean Power 2030 Action Plan.
RES secures asset management contract for 70MW solar-plus-storage site
Renewable energy developer RES has secured an asset management contract for a 70MW solar-plus-storage project near Bristol.
‘UK’s largest’ solar PV power plant enters pre-examination phase
Utility-scale solar developer Photovolt Development Partners (PVDP) has confirmed that its 840MW Botley West solar PV development in Oxfordshire has entered the pre-examination phase.
Energy storage to reduce market risks for CfD projects as Ørsted takes FID on Hornsea 3 BESS
We hear from consultancy AFRY about how energy storage can reduce market risks for CfD-winning projects in the UK, now and in future, as Ørsted launches a BESS at a major wind farm project with a CfD.
‘Volatility is volatile’: Battery storage revenues discussed at RER 2024
Battery storage thrives on energy market volatility meaning there will be good years and bad years, a panellist at Solar Media’s Renewable Energy Revenues Summit 2024 said last week.
‘It should be a seller’s market’: the shifting balance of power in the renewable PPA market
The global power price agreement (PPA) market has become a buyer’s market, according to speakers at the Renewable Energy Revenues Summit.
‘Giving some of that forward vision’: the role of policy and market design in driving clean power investment
Government has a “significant” role in providing routes to market, according to speakers at Solar Media’s Renewable Energy Revenues Summit.
‘It’s about weathering the storm’: driving renewable deals amid current economic challenges
Fluctuations in the price of power should not dissuade investment in renewable power projects, according to speakers at this morning’s event.
Solar to benefit from new £170 million commitment to Schroders Greencoat fund
Schroders Greencoat has received a £170 million commitment from the EAPF to bolster investment in wind, solar, bioenergy, heat pumps and hydrogen.
Spring Budget: ‘largest ever’ Contracts for Difference budget set at over £1 billion
The 2024 Spring Budget saw the chancellor of the exchequer Jeremy Hunt reveal that the budget for the next Contracts for Difference (CfD) auction will be set at over £1 billion.
