Investment firm buys 34MW of UK solar power

An investment company has bought three UK solar farms in a joint venture totalling 34MW. The 15MW Atherstone and 10MW Southam plants are located in Warwickshire and the 9MW Paddock Wood farm is in Kent. Jersey-based firm Foresight Solar Fund Limited will own the majority of the stakes: Atherstone: 78%, Paddock Wood: 59%, Southam: 70%. The portfolio is co-owned by […]

ROCs review bad for wind, say RenUK

RenewableUK has criticised the Government’s plans to downgrade onshore wind’s Renewable Obligation Certification level as they say it will have a detrimental affect on deployment, almost as much as 2GW by 2017, according to their research. The Government plans to downgrade the level of financial support it provides for onshore wind from 2013 onwards, and […]