Anesco has secured a £12 million revolving credit facility from Santander UK. The company plans to use these funds for expansion in the UK and Europe. This finance will support its pipeline of various renewable energy projects which includes five battery storage projects and three solar farms that are at the ready-to-build stage. The battery storage projects are expected to be online by spring 2023 and are located in Dundee, Melksham, Nottingham, Ipswich and Essex. Meanwhile, the three solar farms are expected to be commissioned later this year and are located in England and south Wales.
OWGP launches £2 million funding to boost offshore wind manufacturing in UK
The Offshore Wind Growth Partnership (OWGP) has launched its 2025 Manufacturing Facility Support Programme (MFSP) with a total funding pool of £2 million. The programme invites applications from UK-registered and operating companies aiming to develop […]
LONGi inks 576 MW agreement with Nofar Energy
LONGi announced that it has signed a 576 MW sales agreement with Nofar Energy Romania, implementing the latest generation of its high-efficiency modules. The comprehensive agreement encompasses the procurement of the company’s Hi-MO 7 modules. […]
GST Council slashes tax on renewable energy equipment
The GST Council has decided to slash the goods and services tax (GST) on renewable energy devices and parts for their manufacture. The tax has been reduced from 12 per cent to 5 per cent. […]