Companies and organisations in the UK are developing a growing appetite for renewables PPA structures, but still face obstacles including the perception of renewable projects and unprepared procurement teams.
Former energy minister Lord Greg Barker has written to prime minister Theresa May to voice concerns over the government’s divestment of the Green Investment Bank (GIB) and urge for a rethink.
The Green Investment Bank has agreed to part-fund a streetlight conversion programme for Kent County Council which will see 120,000 traditional streetlights replaced with more efficient alternatives.
Lloyds Banking Group has launched a new £1 billion loan fund which will offer preferential rates for commercial real estate owners who meet energy efficiency targets.
Universities have saved more than £210 million through the adoption of energy-efficiency measures according to Salix Finance, a government-funded company offering repayable loans to higher education institutions.
UK homeowners applied for £2.5 million worth of support for energy improvement measures under the Green Deal in a record week for the Green Deal Finance Company (GDFC).