New offshore windfarms opening in third quarter mark milestone towards zero carbon. Renewable energy sources provided more electricity to UK homes and businesses than fossil fuels for the first time over the last quarter, according to new research. The renewables...
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Solar ‘ready to deliver’ as Labour proposes 2030 net zero target
Image: Getty Solar is “ready to deliver” in the transition to a net zero future but the Labour Party is facing a “considerable challenge” in its proposed target of net zero by 2030. This week the Labour Party approved a motion to adopt a Green New Deal, under which...
Global renewable energy initiative aims to bring a billion people in from the dark
Worldwide commission aims to end energy poverty in sub-Saharan Africa and south Asia by driving investment in new technology A woman runs her takeaway restaurant by candlelight during a scheduled power outage in the impoverished neighbourhood of Masiphumelele, Cape...
Wyelands eyeing early-mover status in UK subsidy-free solar finance rush
Wyelands Bank has set its sights on becoming one of the early movers in subsidy-free solar finance in the UK, investing in a range of projects in a bid to stimulate the market. Late last month the bank collaborated with renewables developer Anesco and research firm...
Nationwide to incentivise green home improvements with new mortgages
Nationwide has today (10 February) announced it is to make £1 billion available for borrowers to reduce the carbon footprint of their homes. The £1 billion will be available to “kickstart” green home improvements and retrofitting, by offering a new range of green...
UK utility solar sector starts GW-plus deployment roll-out for 2020
The UK is primed to return to gigawatt-scale deployment status in 2020, driven by post-subsidy large-scale ground-mount utility solar farms. By the end of January 2020, the large-scale UK pipeline has grown to over 6.5GW of projects with planning application activity...
RBS increases lending to clean energy to £1.1bn following first of its kind securitisation deal
RBS provides funding to a variety of clean energy companies, including solar developer Lightsource BP. Image: RBS RBS has announced that it is increasing its lending to the sustainable energy sector, after the securitisation of £1.1 billion of loans to the UK...