investment

Gore Street Energy Storage Fund has confirmed that energisation for a 79.9MW asset in Milton Keynes is set to begin on 31 July.

Many people investing in solar-plus-storage want a degree of grid independence, Simon Baggaley, country manager UK and Ireland at Livoltek told a Solar Media webinar audience today (5 July).

Global optimiser Habitat Energy has signed an agreement with Gresham House Energy Storage Fund that will see over 500MW of battery energy storage optimised.

Following energy minister Graham Stuart’s assurances that the Government is working hard to meet it’s 70GW solar target on the first day of Solar Media’s UK Solar Summit 2023 (27 June) the close of the second day of the event saw a panel of experts discuss what risks threaten the success of this new era of solar.

Solar will remain the energy sector’s fastest-growing sub-segment, says a Bloomberg Intelligence report, which suggests that demand could soar 30-40% in 2023.

The first meeting of the government’s Solar Taskforce was held in May, with the group aiming to lay out a pathway to achieving the government’s target of 70GW of solar by 2025 within the next year.

UK Minister of State for the Department for Energy Security and Net Zero, Graham Stuart, opened the UK Solar Summit in London today, reassuring the industry that the government was addressing pressing problems and meeting its targets for decarbonising the energy grid.

A planning application for a new solar farm near the M6 has been submitted by Coventry City Council on land in the council’s ownership.

National Grid has helped install the first solar panels at a Gloucestershire school as part of its solar PV fund to promote decarbonisation in local communities.

Renewable energy provider Good Energy has announced it has acquired solar installation business Wessex EcoEnergy in a deal worth £2.5 million.