energy market

Banking firm AIB has signed a corporate power purchase agreement (CPPA) with NTR to source energy from two solar farms set to be constructed in County Wexford, Ireland.

Balance Power and TagEnergy are set to capitalise on the growing interest surrounding energy storage with the firms having partnered to build, own and operate 500MW of battery energy storage system (BESS) projects across the UK.

Balance Power is set to develop a 50MW battery energy storage project in Wolverhampton West following a successful planning appeal.

ReneSola Power has acquired a 50MWp solar farm in Branston, Lincoln.

Big Solar Co-op has reached a key milestone by attaining its minimum investment target of £600,000 to proceed with its first solar installations.

NextEnergy Solar Fund (NESF) has provided a £60 million increase to its Revolving Credit Facility (RCF) with AIB and NatWest.

A solar farm managed by Octopus Energy Generation has successfully trialled autonomous drones as means to provide operational and maintenance improvements.

The Department for Business, Energy and Industrial Strategy (BEIS) is providing £1.5 billion to improve the energy efficiency of 130,000 low-income households across the UK, with solar to benefit.

Centrica Business Solutions will convert a decommissioned gas-fired power station in Lincolnshire into a 100MWh battery storage facility.

Bluefield Solar has been promoted to the London Stock Exchange’s FTSE 250 index.