Projects aimed to unlock solar photovoltaic (PV) and energy storage subscriptions were among the 26 green finance projects awarded £4.1 million in government funding.
Global renewable energy company Low Carbon has increased its solar PV construction facility by £310 million with aims to develop an additional 448MW of solar PV projects in the UK and the Netherlands.
Next Energy Solar Fund (NESF) has confirmed that its portfolio achieved a generation outperformance of 3.8% against budget for 12 months ended 31 March 2023.
According to the latest data from the Microgeneration Certifications Scheme (MCS) there were 50,719 MCS certified domestic solar photovoltaic (PV) installations in Q1 this year – a 114% increase from the same period in 2021.
The UK’s “largest” solar and battery energy storage project, Cleve Hill Solar Park, has started construction, Quinbrook Infrastructure Partners confirmed.
Energy research firm Rystad Energy has predicted the UK battery energy storage market to grow to 24GW by the end of the decade and account for almost 9% of all global capacity installations.