Around 5GW of subsidy-free solar could come online by 2030 in the UK, much of which could be bolstered by battery storage, according to Aurora Energy Research. Subsidy-free solar farms co-located with battery storage systems are on the cusp of taking off in the UK, as falling technology costs, lower risks, and strong annual returns make so-called ‘hybrid’ power plants an increasingly attractive bet for investors. That is the conclusion of new research released today by Aurora Energy Research, which forecasts a major surge in UK solar development over the next decade after years in the doldrums for the sector. The study predicts that falling technology costs will result in around 5GW of solar capacity potentially being deployed by 2030 without subsidy, much of which is likely to be bolstered by on-site battery storage systems. Hybrid power systems which team up solar farms with battery storage are “coming of age” without any subsidy, as they quickly become investable opportunities in the UK for equity investors and asset finance lenders, the analysis argues.
Business Green 17th Sept 2019 read more »
Subsidy-free solar projects are “coming of age” thanks to the falling costs and flexibility of co-located battery storage technology, according to a new report which claims that more than 5GW of solar capacity could be deployed in the UK without subsidies by 2030.
Edie 17th Sept 2019 read more »
One of Scotland’s largest solar farms will be built in the Buchan countryside, after councillors yesterday rubber-stamped the scheme.
Energy Voice 18th Sept 2019 read more »