Brighton and Hove Energy Saving Co-operative (BHESCO) has launched a new share offer that aims to raise £1 million to help fund up to 10 community renewable energy projects in Sussex.
Crowd-funded solar developer Big60Million has raised 60% of its £20.4 million funding target inside the first month as it looks to finance three additional solar projects.
Wakefield-based installer Pretty Green Energy has selected energy supply firm Enphase Energy as its sole solar PV technology supplier as it looks to strengthen its commercial rooftop business.
Neas Energy has sold a 30% minority stake in the company to a consortium consisting of Via Venture Partners and ATP which will see the two firms power the energy asset management firm with a £48 million fund.
The UK’s overall solar PV capacity at the end of March stood at just over 5.7GW, according to figures released by the Department of Energy and Climate Change on Thursday.
Given the backdrop of a miserable contract for difference (CfD) performance for solar, where only five projects managed to successfully snag support, a general air of optimism was still noticeable throughout all of the first day’s speakers.
The UK government could trigger a ‘hyperdegression’ in the rooftop solar feed-in tariff by pursuing its ambitious targets of installing 500MW of solar capacity on the roofs of government-owned estate, Savills Energy director Giles Hanglin has warned.
Solar is currently considered one of the “lowest risk technologies” for banks and other financiers to invest in and can often gain access to some of the lowest priced debt, a panel at today’s Large Scale Solar UK conference has said.
With support under the renewable obligation (RO) scheme closing for solar pojects over 5MW at the end of Q1 this year, a big rush was to be expected. We add up all the new capacity we have reported on during the bumper Q1 2015.
