You Are Browsing ‘Wind, Solar & Climate’ Category

Posted on Jul 24 2015 - 1:05pm by John Peters
Comments Off on Dismay in renewables sector as Government performs yet another hand brake turn on energy policy

RenewableUK, the trade association representing the wind, wave and tidal energy industries, has expressed dismay at the announcement by the Energy Secretary Amber Rudd of even more retrospective changes in the levels of financial support for clean energy. The Minister has announced that she intends to change the rules governing the Feed-In Tariff, so that the level of financial support for medium-scale...

Posted on Jul 22 2015 - 7:05pm by John Peters
Comments Off on Solar Power Helps Food Service Distributor Cut Rising Energy Bills

The North East’s largest independent food service distributor has shaved almost 15% off its energy bills after installing a solar-powered electricity system at its Blaydon site. Tyneside Foodservice, which supplies frozen meals, chilled foods, desserts and drinks across the region, wanted to find a way of reducing its annual energy bill, which topped £75,000 this year. The family-owned firm, which...

Posted on Jul 10 2015 - 8:05pm by John Peters
Comments Off on Sunday Times poll shows over 50% of Conservative voters back more onshore wind

RenewableUK commented on a YouGov poll for The Sunday Times which showed that 52% of Conservative voters felt that the government should either encourage or allow the building of more onshore wind farms. This contrasted with just 18% who felt that they should be banned. For the general public as a whole the numbers rose to 61% in favour of more onshore wind and 14% calling for a ban. Offshore wind...

Posted on Jul 7 2015 - 4:05pm by John Peters
Comments Off on RenewableUK urges new Government to act swiftly to secure clean energy supplies and create jobs

RenewableUK says the new Government should send an early signal that it’s serious about supporting low-carbon energy to attract investment and create jobs. RenewableUK’s Chief Executive, Maria McCaffery, commented: “We hope that one of the new Government’s priorities will be to act quickly to secure our home-grown energy supplies based on clean sources including wind, wave...

Posted on Jul 6 2015 - 4:05pm by John Peters
Comments Off on Government subsidies helped onshore wind to generate 5% of the UK’s total electricity

The Government intends to end new public subsidies for onshore wind farms by legislating to close the Renewables Obligation across Great Britain to new onshore wind generating stations from 1 April 2016. Up to 5.2GW of onshore wind capacity could be eligible for grace periods which the Government is minded to offer to projects that already have planning consent, a grid connection offer and acceptance,...

Posted on Jul 6 2015 - 12:05pm by John Peters
Comments Off on RenewableUK urges Government to reconsider onshore wind cuts

RenewableUK, the trade association for the wind industry, is urging the Government to think carefully before it implements any cuts in financial support to onshore wind. Today’s announcement leaves thousands of British jobs and millions of pounds worth of investment hanging in the balance. The security of the UK’s future clean energy supplies is being jeopardised as a result. The Energy Secretary...

Posted on Jun 26 2015 - 8:14am by John Peters
Comments Off on UK Government awards Mainstream CfD for £2bn offshore wind farm

Mainstream secured a fifteen year Contract for Difference (CfD) from National Grid for its 450 megawatt Neart na Gaoithe offshore wind farm located in the Outer Forth Estuary in the North Sea.  The CfD, which was awarded to Mainstream under a competitive tendering process, gives the wind farm an inflation-linked strike price for the electricity it produces for a period of fifteen years. The wind...

Posted on Jun 25 2015 - 8:10am by John Peters
Comments Off on Mainstream raises EUR €60 million in new corporate debt facility

Global wind and solar company Mainstream Renewable Power has successfully closed a new €60 million corporate debt facility. The four year facility was arranged through BlueBay Ireland Corporate Credit, a vehicle established by one of Europe’s leading asset managers BlueBay Asset Management, with substantial investment from the National Pensions Reserve Fund of Ireland, and through Cantor Fitzgerald...

Posted on Jun 24 2015 - 1:05pm by John Peters
Comments Off on British Sea Power: Consent for world’s first Tidal Lagoon Power Plant opens new door

It has been announced that the world’s first ever tidal lagoon energy project has been granted planning permission by the Energy Secretary Amber Rudd. The project is scheduled to be built in Swansea Bay by British company Tidal Lagoon Power, which has pioneered the scheme from the beginning. This announcement is a significant step towards commencing construction with a number of major contractors...

Posted on Jun 24 2015 - 8:05am by John Peters
Comments Off on $1.9bn pan-African renewable energy platform with Actis Launched

Global wind and solar company Mainstream Renewable Power announces the launch of a pan-African renewable energy generation platform, Lekela Power, which it has formed along with Actis, the global pan-emerging market private equity firm. Lekela Power will provide between 700 and 900 megawatts of wind and solar power across Africa by 2018. Mainstream and Actis have already formed two successful partnerships...