It has just come to my attention that a couple of weeks ago Westmill Solar Park near Watchfield in Wiltshire was finally acquired by a local co-operative. According to their press release:
More on Westmill Solar Farm Acquired By Local Cooperative
Tags: Blue Energy, Finance, FiTs, Inazin, Investec Bank, JSE, LSE, Ofgem, Planning, Solar PV, Westmill, White Horse
Filed under Renewables by Jim Hunt
According to a Royal Bank of Scotland press release last week:
London-based InfraRed Capital Partners Limited, one of the UK’s leading environmental infrastructure investors, has acquired three ground-mounted solar parks in Cornwall with debt financing from a consortium of banks – Royal Bank of Scotland Corporate & Institutional Banking, HSBC Bank Plc and Santander Global Banking and Markets.
More on InfraRed Capital Acquires Three Cornish Solar Parks
Filed under Renewables by Jim Hunt
The 7th Annual British Renewable Energy Awards took place at the end of last month. It has just been announced that the the Eden Project's "SolarFair" solar power scheme achieved the "runner-up" position in the "Flagship Project Award" category.
More on The Award Winning Eden Project Solar PV "Staff Share" Scheme
Filed under Visionaries by Jim Hunt
The Farmer's Guardian reports this morning that:
Planning approval has been granted for the largest UK solar project to date.
The 8MW project will provide the South West of England based farm with a guaranteed rental income over the next 25 years, and enough electricity to power 2,500 homes. The 27,924 PV panels will be installed over five interconnected fields on a site comprising 15.4 hectares, [at Marley Thatch Farm] near South Brent in Devon.
The report makes it clear that in this day and age the financial incentive for this (and other large scale solar PV farms in the area) is no longer the Feed-in Tariffs (FiTs for short):
More on South Hams DC Approves 8 MW Solar Park at Marley Thatch Farm near South Brent
Filed under Renewables by Jim Hunt