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Developer says it is encouraged by the Inspector's Report into the scheme despite Welsh Minister’s verdict [Image: BSR Energy]

August 4, 2023/

                 BSR Energy has challenged the decision by the Welsh Minister not to grant planning consent to its 75MW Rush Wall Solar Park project in south Wales. The Minister’s decision was announced in June 2023, despite the project having been recommended for approval…

Debt financing from BNP Paribas Bank Polska and PKO Bank Polski will finance purchase of 93MW portfolio [Image: Modus Asset Management]

August 3, 2023/

                 Modus Asset Management has secured debt financing of €58m to finance the acquisition of a 93MW operational solar portfolio located throughout Poland. The lending consortium comprises BNP Paribas Bank Polska and PKO Bank Polski. Modus Poland Solar Fund I is a closed-end…

Facility from Santander Corporate & Investment Banking will allow the developer to construct solar pipeline [Image: Ib Vogt]

August 2, 2023/

                 International solar developer Ib Vogt and Santander Corporate & Investment Banking (Santander CIB) have closed a €350m financing agreement to further accelerate the buildout of projects intended for the developer’s long-term asset ownership. The company plans to utilise the fresh capital for…

Developer has bought out JV partner Univergy to bring it under direct control [Image: Cero]

August 1, 2023/

                 Cero Generation (Cero) has become the sole owner of Nara Solar. Nara Solar, a developer specialising in utility scale early-stage photovoltaic solar energy projects, operating across Europe, was launched in 2019 as a 50:50 joint venture between Cero and Univergy Solar (Univergy). Cero…

Winterton scheme in Lincolnshire has been developed on a former landfill site
[Image: Infinis]

July 31, 2023/

                 Low carbon power generator Infinis and recycling firm FCC Environment have completed work on their new UK solar park in Winterton, Lincolnshire. Developed on a former landfill site, Winterton Solar Park generates circa 4,300MWh of renewable energy each year – enough to…

Bedfordshire site expected to achieve connection in 2024
[Image: Cambridge Power]

July 28, 2023/

                 Cambridge Power has secured planning permission for a 100MW battery energy storage system (BESS) project in Bedfordshire, England. The project, in Staploe, will adjoin the Eaton Socon Grid Sub Station. This is the first site with planning permission to benefit from a…

Contractor Equans is finalising assembly of the flotation system in the Port of Ostend
[Image: Jan De Nul]

July 27, 2023/

                 SeaVolt, a collaboration between Tractebel, DEME, and Jan De Nul, is preparing to install its first floating solar energy test platform offshore. The platform flotation system is currently located in the Port of Ostend, on the Belgian North Sea coast, where main…

Rystad Energy analysis finds £7bn of PV products yet to be installed across the continent
[Image: Asia Chang/Unsplash]

July 26, 2023/

                 Chinese-manufactured solar panels are piling up in European warehouses, with approximately 40GWdc of capacity currently in storage, according to Rystad Energy. The number of panels, worth about £7bn, is same amount installed across the continent in 2022, and could generate enough electricity…

Solizer has a project pipeline of 4GW
[Image: Vattenfall]

July 25, 2023/

                 Vattenfall has acquired the German solar developer Solizer, which has a pipeline of projects across the country totalling 4GW. A well as the pipeline, the transaction includes an experienced team. This acquisition expands Vattenfall’s German solar development portfolio to 7GW in total.…

The 10 projects are close to ready-to-build stage and will use bi-facial module technology [Image: Modus/Evecon]

July 24, 2023/

                 A fund set up by Modus Asset Management has acquired a 55MW solar portfolio of ground mounted solar photovoltaic farms in Latvia in cooperation with Baltics developer Evecon. The portfolio has been developed by Evecon SIA and consists of 10 projects located…

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