The UK’s net zero law stands to create a “supportive environment” that could act as a catalyst for subsidy-free solar developments, Foresight Solar Fund has said.
NextEnergy Solar Fund has raised around £100 million through a share issue to repay short-term debt and pursue new subsidy-free developments.
Financing is the last obstacle to more widespread subsidy-free developments throughout Europe as merchant risk remains problematic to debt providers, industry experts have concluded.
The corporate power purchase agreement (PPA) market is currently struggling from a “large gulf” in understanding that standardisation could solve, but the industry is still a “long way off” from introducing them.
Pan-European secondary solar market set for ‘exciting times’ as growth, O&G interest set to continue
The continued growth of the secondary solar market on a pan-European scale will result in “exciting times” for the sector, but big utilities are unlikely to stay on the sidelines.
Representatives of some of solar PV’s leading European finance houses will meet in London this week as the continent’s solar industry inches ever closer to grid-parity.
BayWa r.e. has landed a contract to provide operations and maintenance services to Octopus Investments for 13 of its UK solar farms.
Greencoat Solar has added a further 60MW to its portfolio with a new acquisition, taking its total installed capacity above 600MW.
NTR has landed €229 million (£207 million) in commitments for its second renewable energy income fund, attracting interest from some of Europe’s biggest financial powerhouses.
Lightsource BP has confirmed that it has clinched a deal with Budweiser brewer AB InBev to develop and operate PPA-backed, subsidy-free solar farms.