Renewable energy capital costs are falling fast, but so are the subsidies available to bring them on.
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Developer Eco2 has sold its Port Clarence biomass project to Glennmont Partners for £160 million. The 40MW project began life two years ago and was jointly developed by Eco2 Ltd and Temporis Capital LLP.
Plans to close the Renewables Obligation (RO) to wind projects in April 2016 will save the bill payer “hundreds of millions of pounds”, said secretary of state Amber Rudd when she announced the closure in June.
The Coalition has confirmed moves to give the Welsh administration greater planning powers in line with the recommendations of the Silk Commission as well as a bigger role in respect of Contracts for Difference.
Andrew Whalley, chief executive of Renewable Energy Generation, talks to New Power about the problems facing onshore wind - and how he hopes to push forward projects in the company's pipeline
CfDs: EDP offers tips on improving investability
The European Commission has opened an investigation into whether the UK breached State Aid rules by agreeing a Contract for Difference that would enable the owner of Lynemouth power plant to convert it to use wood fuel.
Ofgem has begun publishing details of why companies failed to pre-qualify to take part in the contracts for difference (CfD) and Capacity Market (CM) auctions.
The inaugural Contracts for Difference auction for low carbon technologies has resulted in contract offers for 27 projects totalling around 2GW of capacity.
The National Audit Office (NAO) has set out a number of concerns over the government's scheme guaranteeing investment in infrastructure.