Macquarie Asset Mgmt Makes £275 M Debt Invt in UK Solar Portfolio Updated On Thu, Feb 24th, 2022 by Saurenergy Macquarie Asset Management has announced that it is the sole lender in a £275 million refinancing of a portfolio of solar power plants in the United Kingdom owned by Vantage Solar UK. The 365 MW portfolio is comprised of 24 ground-mounted solar photovoltaic plants located across England and Wales, and aligns with the European Union’s […] Read more
Auto Makers call on UK Govt for more EV Charging Points and a ‘Regulator’ Updated On Thu, Feb 17th, 2022 by Saurenergy Growth pangs are appearing for the EV sector in the United Kingdom, as the industry faces the challenge of unavailability of the required number of EV battery charging stations in the country. Just when sales of EV’s are finally taking off in a big way. That has brought the Society of Motor Manufacturers and Traders […] Read more
UK’s National Grid to Get Stability Services from RE for First Time Updated On Tue, Feb 15th, 2022 by Saurenergy Britain’s National Grid said on Monday it will be able to obtain grid stability services from renewable power generators for the first time, in the path to decarbonising the power sector and as more fossil fuel generators go offfline. Britain has a target to reach net zero emissions by 2050 which will require a huge […] Read more
UK Grants 1st Reactive Power Contract to Offshore Wind Farm Updated On Wed, Feb 9th, 2022 by Saurenergy The National Grid ESO of the United Kingdom (UK) has awarded a contract to an offshore wind farm to help keep voltage levels in the national power network stable. As per the National Grid ESO, the contract is the first of its kind in the UK. The contract is for a ten-year period which will […] Read more
UK’s NextEnergy Capital Raises Record $896 M for Solar Infra Fund Updated On Mon, Jan 31st, 2022 by Saurenergy London-based NextEnergy Capital recently said that it had raised a record $896 million for its NextPower III ESG fund, focused on solar infrastructure investments in OECD countries – its biggest private fund to date. While there may exist larger solar-focused funds with more restrictive geographic focus, the firm assured that its latest was the biggest […] Read more
ScottishPower Acquires 800MW Solar Portfolio in UK Updated On Mon, Jan 17th, 2022 by Saurenergy ScottishPower, owned by Spanish energy firm Iberdrola, has signed two deals to acquire 17 solar photovoltaic (PV) projects in Britain, with a combined capacity of more than 800 megawatts (MW), the company said on Friday. The deals take ScottishPower’s market share of Britain’s solar industry to 9% from 2%, the firm said. ScottishPower has bought […] Read more
Israel’s Econergy to Build 800MW Storage, 900MW Solar Capacity in UK Updated On Fri, Jan 14th, 2022 by Saurenergy Renewables investor Econergy Renewable Energy said on Thursday it plans to develop a portfolio of 800 megawatts (MW) of renewable energy storage and 900 MW of solar photovoltaic (PV) capacity in Britain over the next three years. The firm said it plans to develop 350 MW of energy storage capacity for operation in 2023, 300 […] Read more
EDF Renewables-DP Energy JV to Build 1 GW Floating Wind Project in UK Updated On Thu, Jan 13th, 2022 by Saurenergy EDF Renewables UK has created a joint venture with project developer DP Energy to generate up to 1 gigawatt (GW) of wind power from floating turbines in the Celtic Sea, it said on Wednesday. The floating offshore wind project, ‘Gwynt Glas’, will likely span English and Welsh waters south of Ireland. The partners have identified […] Read more
