Just two years after the closure of a key government support scheme for small scale renewables, the UK has now isntalled 1GW of subsidy-free solar, and the sector’s outlook looks bright for the rest of the year as the decarbonisation of buildings and energy gathers pace, according to Solar Energy UK. The trade association, alongside analyst Solar Media Group, said “market confidence in solar remains clear” even despite successive coronavirus lockdowns posing challenges for overall deployment over the past year.
Business Green 16th April 2021 read more »
Energy Live News 16th April 2021 read more »
There was a more than fourfold increase in corporate solar funding in Q1 2021 compared with the same quarter last year, amid strong demand for PV assets globally, according to new analysis by Mercom Capital. The research firm found that total corporate funding – including venture capital (VC) funding, public market and debt financing – reached US$8.1 billion, up from the US$1.9 billion recorded in Q1 2020, when the market was hit by a slowdown in activity due to COVID-19. Despite disruptions over the past year, there has been a significant upward trend in funding during the last three quarters, with the latest figures setting up the industry for a strong 2021.
PV Tech 16th April 2021 read more »