Octopus Renewables has acquired a commercial rooftop solar portfolio from Innova Energy, a private equity-backed solar energy company, managed by Innova Capital. The portfolio comprises 57 rooftop-mounted solar PV assets in the UK, all of which benefit from Feed-in-Tariff government subsidy. Zestec provided transaction support to Octopus and post completion will provide Asset Management services [...]
Octopus Renewables, the specialist clean energy investor arm of Octopus Group, has partnered with Zestec Asset Management, trading as Zestec Renewable Energy (“Zestec”), to deliver a target of more than £100 million of invested capital into new build UK solar assets. With investment provided by funds managed by Octopus, the deal aims to capitalise [...]
Since adapting a PPA, Kärcher is generating 45% of its annual energy consumption through Solar PV and has displaced c.70 Tonnes of CO2 per year. British businesses have a got a problem. As if a pandemic, the ensuing economic slow-down, and dare I say Brexit where not enough to make any CEO want to [...]
Paris' Notre Dame Cathedral could be fitted with a new Solar roof. The new roof for Notre Dame could harnesses solar energy to provide enough energy to power nearby buildings if the design is accepted. Made up of diamond-shaped glass panels propped up with laminated wooden beams, Vincent Callebaut Architectures claim it would turn [...]
Solar Power is now cheaper than the electricity from the grid in cities across China which may drive a surge in uptake, according to new research led by Jinyue Yan from the Royal Institute of Technology in Stockholm. The research scientists found that all of the 344 cities they looked at could have cheaper [...]
The new Warden at Goldsmiths University, Frances Corner, has announced a series of measures that form an overall initiative for the establishment to become carbon neutral by 2025. They promise the addition of more solar PV as part of a new series of pledges in response to the climate emergency. Goldsmiths joins other UK universities [...]
Last month during the lovely British heatwave, the Zestec team got together to enjoy our 2019 Summer Night Out. It was a gorgeous sunny evening overlooking beautiful Bournemouth Beach. We kicked off proceedings with a welcome drink at the stunning Level 8 Skybar on top of the Hilton Hotel. It was a lovely opportunity to [...]
Zestec (alongside our wonderful partners Perfect Sense Energy) recently attended the brilliant UBT Expo 2019, where with hundreds of other businesses we were able to demonstrate our real, tangible value add. Whilst visiting the EU UBT HQ we were able to check out our own handy work in the form of our [...]
It was the disaster that shocked the World. On April 26th 1986, the Chernobyl Nuclear Power Plants' reactor core suffered a meltdown, which ultimately killed thousands of people while simultaneously spreading radiation across Europe. But now the Chernobyl disaster site has found a new purpose. The area surrounding the plant won't be safe for human [...]
Ahead of the closure of the UK’s Feed-in Tariff (FiT) scheme on 1 April 2019, installers up and down the country rushed to fit and accredit new solar systems, Solar Power Portal reports. Figures for Q1 2019 reveal that almost 242.5MW of solar was installed in the three-month period, more than double the next highest [...]