large scale solar

Downing Renewables & Infrastructure Trust (DORE) has published its Prospectus after outlining plans to raise £200 million earlier this month.

Solar is expected to account for 60% of new renewable capacity additions by 2025 as it records stable growth in 2020.

New statistics published by the Department for Business, Energy and Industrial Strategy (BEIS) show another significant drop in the expected costs of solar out to 2040, with figures for the expected costs of storage technologies also released.

NextEnergy Solar Fund (NESF) has released its full year results, revealing its ordinary shareholders’ net asset value (NAV) has fallen to £579 million.

Residential solar installations will take longer to rebound from the COVID-19 slowdown than most renewables, making it unlikely solar PV will surpass 2019 levels over the next year.

Lightsource BP is proposing the development of a 49.9MW solar farm in Nottingham, with a 700MW global pipeline announced.

A panel of solar financiers has questioned whether or not debt remains the most efficient way of financing projects post-subsidy as power purchase agreements replace subsidies as the chief source of revenue.