rerevenues

Harmony Energy Income Trust has said its 98MW/196MWh Pillswood battery energy storage system (BESS) was one of “GB’s best performing BESS projects” in Q1 of 2023.

Santander UK has provided £25 million in capital to support the construction of a 49.9MW ground-mounted solar farm situated near Spetisbury, Dorset.

Global renewable energy company Low Carbon has increased its solar PV construction facility by £310 million with aims to develop an additional 448MW of solar PV projects in the UK and the Netherlands.

Next Energy Solar Fund (NESF) has confirmed that its portfolio achieved a generation outperformance of 3.8% against budget for 12 months ended 31 March 2023.

Following the release of Foresight’s Q1 financial results for this year Solar Power Portal caught up with managing director at Foresight, Ross Driver, to discuss the company’s highlights from Q1 2023, geographical diversification and the UK Government’s net zero strategy.

Schroders Capital has announced that it has received approval from the UK’s Financial Conduct Authority for its second Long-Term Asset Fund (LTAF), and the first dedicated to renewable energy.

Foresight Solar Fund has seen its Q1 2023 net asset value (NAV) decrease to £757.5 million as a result of lower near-term power price forecasts.

UK income fund Bluefield Solar has announced the refinancing and extension of its £110 million loan with NatWest, increasing it to £130 million with its maturity date extended from September 2023 to December 2039.

Investment trust Downing Renewables and Infrastructure Trust has acquired a 13MWp UK solar portfolio and rooftop solar assets for £12.6 million.

The UK’s “largest” solar and battery energy storage project, Cleve Hill Solar Park, has started construction, Quinbrook Infrastructure Partners confirmed.