UK-based solar investment fund NextEnergy Capital (NEC) is to invest more than €150 million (US$210 million) in the Italian solar market after receiving backing from the UK subsidiary of insurance and investment giant Prudential.
The UK solar market must “unlock” deployment on commercial buildings if the technology is to continue its cost-reduction path to a subsidy-free future, Britain's Renewable Energy Association (REA) has claimed.
Foresight Solar Fund has added to the woes of SunEdison, revealing that the two parties are in advanced negotiations to settle a claim over underperformance at three UK project sites.
The UK Court of Appeal has dismissed claims against the premature closure of the Renewables Obligation support scheme, bringing to an end the long-fought dispute between UK solar developers and the government.