Renewable energy company Low Carbon has announced plans to develop a 600MW energy park in North Kesteven, Lincolnshire, which includes solar and energy storage.
The solar industry has welcomed the UK government’s plans to establish a Solar Taskforce as part of a range of measures introduced in the “Energy Security Day” package.
Octopus Renewables Infrastructure Trust (ORIT) has achieved strong net asset value (NAV) growth across 2022 primarily due to rising inflation and high power prices.
The UK solar market has seen substantial growth over 2022 with Good Energy highlighting “near record levels” of installations with an increase of over 125% year-on-year to 132,000.
Renewable investment trust Atrato Onsite Energy, which operates under the ticker ROOF, has confirmed it has invested £29 million into two solar projects.
Under new plans released by the Department for Energy Security and Net Zero (DESNZ), heat pumps and solar panel installations will be included as part of £1.8 billion plans to boost energy efficiency in buildings.
UK power generator SSE has confirmed it will allocate £100 million in capital to boost Coire Glas – a Scottish-based pumped hydro storage project with the potential to be the “biggest” in 40 years.