finance

Foresight Solar Fund has set its sights on a new pipeline of solar assets with a capacity of 250MW and announced a new share issuing and placing programme to fund it.

Foresight has continued its large scale purchasing in 2017 with the acquisition of the 49.6MW Sandridge solar farm, its second largest to date.

SPI Energy has secured a £1.5 million loan facility from Santander UK to refinance two of its UK solar farms with a combined capacity of 8.1MW.

Major UK solar asset owner NextEnergy Capital has established a new advisory board, naming former energy secretary Sir Ed Davey and industry stalwart Jeremy Leggett amongst its first members.

UK solar developer Island Green Power (IGP) has revealed it is to break ground on a trio of solar farms in Australia – some of the country’s largest – in the next quarter.

A recap of the biggest news from the last week in UK solar and storage, including more details on Foresight’s dispute with SunEdison, TfL’s solar plans and activity in the secondary solar market.

Nominations for the Solar Power Portal Awards 2017 are now open, and the finance innovation award returns once again.

Foresight Solar Fund has continued to experience serious underperformance issues with SunEdison-built assets that it owns a year after the problems were first made public.

A BlackRock Real Assets-managed fund has acquired two operational solar farms from prolific German EPC ib vogt.

A recap of the biggest news from the last week in UK solar and storage, including yet another critique of the governments management of the LCF and the STA ramping up the pressure over the business rates increase.