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UK government’s Community Energy Fund comes under fire from Scottish energy body [Image: Pixabay]

August 14, 2023/

                 The UK government’s new Community Energy Fund has come under fire from Community Energy Scotland (CES), with the body urging London to rethink the decision. The £10m renewables fund, which is only available in England, was announced by Whitehall as an alternative…

BESS will be situated on a brownfield site adjacent to a substation on Redcote Lane in Leeds [Image: Cambridge Power]

August 11, 2023/

                 Cambridge Power has secured planning permission for a 60MW battery energy storage system (BESS) project in Yorkshire, England. Planning approval was granted by Leeds City Council under delegated powers. The Redcote Lane project is the developer’s tenth consecutive BESS project to secure…

Niko Solar site was 90% damaged by Russian shelling, according to developer [Image: Science in HD/Unsplash]

August 10, 2023/

                 Specialists at DTEK Renewables have restored the Niko Solar power plant in the Mykolaiv region of Ukraine. This is DTEK Renewables’ first such external project. It said 90% of the generating equipment of the Niko Solar SPP, which has capacity of 5.7MW,…

Funds from Eiffel Essentiel will be used to develop ready-to-build projects and potential acquisitions [Image: GreenGo Energy]

August 9, 2023/

                 Italian renewable energy developer GreenGo has secured equity bridge financing of up to €15m from Eiffel Essentiel, the private equity fund of Eiffel Investment Group.                The financing will be used to develop a 40MW portfolio…

Company already manages the trading and optimisation for the 20MW Lascar and 20MW Hulley assets [Image: Gore street]

August 8, 2023/

                 Gore Street Energy Storage Fund has selected EDF to optimise a new 80MW battery asset in Milton Keynes in England. The energisation process for the Stony battery energy storage system (BESS) began on 31 July 2023. Deployment of this asset is part…

Power Capital Renewable Energy owns the facilities in Cork, Wexford, Meath and Beaulieu totalling 230MW
[Image: Voltalia]

August 7, 2023/

                 Voltalia has been selected by Power Capital Renewable Energy, an independent power producer based in Ireland, to build, operate and maintain four solar projects in the south-east of the country with a total capacity of 230MW. Lysaghtstown in County Cork will have…

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…

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