California became the first state in the US to mandate that all new homes should have solar power by 2020, cementing its status as a trailblazer in clean energy. The new building standards also include revised air ventilation and lighting requirements to reduce energy use, and will bring solar power into the homes of thousands of people. State officials promise that the higher cost of the houses will be more than offset by lower energy bills.
FT 25th Sept 2018 read more »
Octopus has announced a new partnership with investors from Korea which will see £107 million deployed towards Octopus’ renewables strategy. The deal is said to represent the first major investment from Korea in Renewables Obligation Certificate-backed energy assets and takes Octopus’ total assets under management of institutional funds to £2.3 billion.
Solar Portal 24th Sept 2018 read more »
Installations of solar and battery units are underway in Cornwall as part of Centrica’s Local Energy Market (LEM), with some of the 100 participating homes to be the first in the UK to use sonnen’s latest hybrid batteries. The roll-out of technologies in Cornish homes comes almost two years on from the launch of the £19 million project, which seeks to build and test the capabilities of a virtual marketplace of distributed energy resources. It will allow participants to trade energy and flexibility to the grid and wholesale energy market while reducing the energy bills of those taking part.
Solar Power Portal 24th Sept 2018 read more »