New rules from energy regulator, Ofgem, have created a stricter hold on energy companies who sell green tariffs, asking them to prove the environmental benefits.
Solar farms larger than 5MW can no longer claim support under the renewable obligation. Solar Power Portal lists which companies managed to connect their sites in time and which will be nervously looking at the inaugural CfD auction results.
There is trouble ahead for the UK solar PV industry with EPCs struggling to meet today’s ROC deadline and disappointing results in last month’s Contracts for Difference (CfD) allocations, business rescue specialist McTear Williams & Wood has said.
Renewable energy investment firm Low Carbon has beaten today’s Renewable Obligation Contract (ROC) deadline and commissioned five new solar parks to its portfolio.
Last week’s increase to the permitted development threshold for rooftop solar panels will act as “a shot in the arm” for the commercial sector, but demands for glare assessments is a slight concern, Strutt and Parker partner Keiran Crowe has said.
Bluefield Solar Income Fund is to acquire Trina Solar’s 49.9MW solar farm at West Raynham Airfield, Norfolk for a total consideration of £56.5 million.
The rush to have solar projects connected to the grid prior to ROC deadlines has the potential to cause future problems with distribution networks, Dragon Infrastructure Solutions chief executive Simon Phipps has said.
