Solar Markets & Finance

GridBeyond will connect the BESS to its AI-powered platform, enabling the batteries to be automatically discharged in response to instructions from the grid operator. Image: AMPYR Solar Europe.

GridBeyond to manage 7.5MW BESS co-located with solar PV

March 13, 2025
Solar developer and independent power producer AMPYR Solar Europe (ASE) has chosen GridBeyond to manage its 7.5MW battery energy storage system (BESS) in Northwold, Norfolk.
This is not the first time the companies have transacted, closing sales in Spain (pictured) and Chile. Image: Korkia.

Korkia sells ready-to-build solar and storage project to NPUK

March 13, 2025
Finnish renewables investor Korkia has announced the sale of one of its development subsidiaries’ projects to a fund managed by NextEnergy Capital, NextPower UK.
The results of the T-4 Auction by fuel type. Image: NESO.

NESO releases provisional T-4 Capacity Market Auction results

March 12, 2025
The National Energy System Operator (NESO) has released the provisional T-4 Capacity Market Auction results for delivery in 2028/2029.
The green skills gap is well documented, and answering the issue is a complex task that Solar Energy UK has taken on with a new initiative, Solar Careers UK. Image: Solar Energy UK.

Solar Energy UK launches careers initiative at skills hub in London

March 12, 2025
To reach the solar capacity targeted in the government’s clean power and net zero plans, deployment will have to rapidly scale up and, with it, the workforce.
The target fundraise was £500 million, and the UK government’s National Wealth Fund (NWF) was the ‘cornerstone’ investor in NPUK, investing £250 million on a match-funding basis. Image: NextEnergy Capital.

NextPower UK hits £733 million for solar fund, National Wealth Fund ‘cornerstone’ investor

March 11, 2025
NextEnergy Capital (NEC) has announced that its private fund focused on new-build UK solar, NextPower UK ESG (NPUK) has raised £733 million at its final fundraising close, almost 50% over target.
solar panels from above

Natural Power supports NTR to acquire 326MW solar and BESS portfolio

March 7, 2025
Renewable energy consultancy Natural Power has supported NTR to successfully acquire 326MW of solar and battery energy storage system (BESS) capacity in Ireland.
The results of the T-1 Auction by fuel type. Image: NESO.

NESO publishes T-1 Capacity Market results

March 6, 2025
The National Energy System Operator (NESO) has released its provisional auction results for the one-year ahead capacity auction (T-1).
Innova's operational Stokeford solar park. Image: Innova.

Innova signs 40-year PPA for two Welsh solar plants

February 25, 2025
Developer Innova has announced signing of a 40-year power purchase agreement (PPA) for the combined 15MWp output of its Cefn and Wrexham solar farms.
While the majority of generating technologies eligible for CfD allocation have TWCs of 12 months, solar has a three-month window due to its relatively quick pace of commissioning. Image: Unsplash.

Government proposes longer commissioning window for solar CfDs

February 24, 2025
The UK government is consulting on reforms to its renewables auction scheme, including a longer target commissioning window (TWC) for solar PV.
CP30 requires current generation capacity on the grid to double over the next five years. Image: Roger Cornfoot via Wikimedia Commons.

Solar industry cautiously backs Ofgem’s grid connection reform approval

February 14, 2025
Energy regulator Ofgem has approved grid connection reform, a move that solar trade association Solar Energy UK supports.

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