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The Renewables Infrastructure Group (TRIG) has stated it had “a strong start to the year” despite its UK portfolio of solar assets delivering lower than expected output, with one development down for two months earlier in the year.

The new BlackRock and Lightsource solar initiative will target both large and small portfolios on the UK secondary market as it opens its hefty cheque book.

Lightsource and BlackRock Real Assets have combined to launch a £1 billion play to consolidate the UK’s secondary solar market.

Asset manager Cubico Sustainable Investments has announced that Stephen Riley has been named its new chief executive officer.

Leading asset management group BlackRock has taken its Renewable Income UK fund up to £1.1 billion, making it one of the largest single investments in renewable energy.

Widespread curtailment of solar generators that had been planned for the Isle of Wight between July and October will be largely avoided following intense negotiations between SSE and a consortium of affected generators on the island.

Renewables investment manager FIM Services is aiming to capitalise on the UK’s booming secondary PV market by expanding its solar fund.

Vortex has refinanced its 365MW UK solar portfolio just two months after it completed the purchase from ex-SunEdison yieldco TerraForm Power.

NextEnergy Solar Fund has said it is preparing to capitalise on the “next stage of growth” in UK solar having enjoyed a “particularly pleasing” year.

NextEnergy Solar Fund (NESF) has bolstered its chequebook by raising £126.5 million from a share placing that was significantly oversubscribed.