The strike price for the sixth Contracts for Difference (CfD) allocation round will rise by 30% for solar next year, from £47 per megawatt hour (MWh) to £61/MWh. This should deliver attractive rates of return for both the Treasury and developers, according to Solar Energy UK (SEUK) noting that…
![Evangelische Bank subsidiary EB-SIM acquired a 50% stake in a 99MW Spanish portfolio for €26.9m
[Image: Foresight]](https://www.norbida.co.uk/wp-content/uploads/2023/11/uksales231123.jpg)
Foresight solar has completed the sale of a 50% stake in its 99MW Lorca portfolio to EB-Sustainable Investment Management (EB-SIM), a subsidiary of Evangelische Bank. It is the first asset sale in the company’s 10-year history. The divestment generated “significant upside” on…
![Box Canyon Solar Project is a JV with Cordelio Power
[Image: Science in HD/Unsplash]](https://www.norbida.co.uk/wp-content/uploads/2023/11/uksales221123.jpg)
Global renewable power producer BrightNight has broken ground on the 300MW Box Canyon Solar Project, which it is developing through a JV with Cordelio Power. The project, located in Pinal County, Arizona, near the Town of Florence, represents the largest renewable energy…
![Solar, wind and hydro schemes have a combined capacity of 188MW
[Image: Peter Franken/Unsplash]](https://www.norbida.co.uk/wp-content/uploads/2023/11/uksales211123.jpeg)
EnfraGen has completed the acquisition of six renewable power assets in Panama and Costa Rica, with a combined capacity of 188MW. The assets comprise three hydro, two solar and one wind project. The are also EnfraGen’s first wind and Costa Rican assets.…
![Mega PV farm was built in a single phase and spans more than 20 square kilometres [Image: Masdar]](https://www.norbida.co.uk/wp-content/uploads/2023/11/uksales201123.jpeg)
Masdar has inaugurated a 2GW single-site solar in Abu Dhabi ahead of the UAE hosting COP28. The project has been developed in partnership with Abu Dhabi National Energy Company (TAQA), EDF Renewables and JinkoPower, together…
![Manufacturing expansion has been driven by high margins for polysilicon, tech upgrades and policy support
[Image: Trina Solar]](https://www.norbida.co.uk/wp-content/uploads/2023/11/uksales171123.jpg)
After investing over $130bn into the solar industry in 2023, China will hold more than 80% of the world’s polysilicon, wafer, cell, and module manufacturing capacity from 2023 to 2026, according to Wood Mackenzie. The analysts firm’s report, “How will China’s expansion…
![SSEN Distribution’s contractor installed new wires on Arran, Orkney, Hoy and Coll
[Image: SSEN Distribution]](https://www.norbida.co.uk/wp-content/uploads/2023/11/uksales161123.jpg)
Briggs Marine has completed subsea cable installation work as principal contractor to Scottish and Southern Electricity Networks (SSEN) Distribution, for projects on Scottish islands including Orkney. With the existing connecting cables nearing the end of their operational lifespan, the vital work improves…
![Projet Mauricie scheme in Quebec aims to produce 70,000 tonnes of green hydrogen a year
[Image: TES Canada H2 ]](https://www.norbida.co.uk/wp-content/uploads/2023/11/uksales151123.jpg)
Developer TES Canada H2 has revealed plans for a $4bn green hydrogen scheme it has dubbed Projet Mauricie in the country. Totalling $4bn in investments for the region, the project consists of the construction of an electrolyzer and renewable energy production…
![Project in Northwold in Norfolk in England will provide energy for Multiplex’s construction sites and offices
[Image: Unsplash/Chelsea]](https://www.norbida.co.uk/wp-content/uploads/2023/11/uksales141123.jpeg)
Ampyr Solar Europe and Multiplex have signed a solar power purchase agreement (PPA) for a project in Norfolk in the east of England, UK. The PPA is for the Northwold Solar PV Generating Station. The solar plant is expected to be fully…
![Developer proposes second Swiss PV array to join 15MW site
[Image: Expo]](https://www.norbida.co.uk/wp-content/uploads/2023/11/uksales131123.jpeg)
Swiss developer Axpo is planning to build a second 30MW Alpine solar park called Ovra Solara Rueun on Alp da Rueun in the country. The announcement follows its September 2023 presentation of proposals to build the 15MW Ovra Solara Camplauns ground-mounted system…
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