Subscribe to our free daily newsletters
  Solar Energy News  




Subscribe to our free daily newsletters



SOLAR DAILY
Lightsource Renewable Energy acquires residential portfolio
by Staff Writers
London, UK (SPX) Feb 28, 2017


File image.

Lightsource Renewable Energy, Europe's leading solar energy company, has completed the purchase of a 1.32MWp portfolio of residential solar installations. The portfolio is comprised of 469 installations across the UK from Ecos Solar Nine in a deal valued at 2.3million pounds.

As part of the deal, Lightsource will receive the Feed-In Tariff (FIT) payments from the installations and will manage the maintenance of the systems for the length of the FIT term. The latest portfolio, which has an average installation size of 2.8kWp, was introduced to Lightsource by real estate specialists Strutt and Parker.

Lightsource is looking to substantially invest into its residential rooftop portfolio over the next five years. The company is currently exploring opportunities to purchase both domestic and commercial systems in 2017.

Lightsource has also recently launched a new buyback scheme that allows businesses and homeowners to realise a cash lump sum for their existing rooftop solar installations.

With the largest solar O and M fleet in Europe, at just under 2GW, the company has invested heavily in its best-in-class monitoring infrastructure, which allows its in-house team to monitor hundreds of thousands of PV systems.

Clients can be assured that they will receive the best possible performance from their system in terms of electricity generation, carbon savings and financial savings on their energy bills.

Kareen Boutonnat, COO at Lightsource, said: "We are delighted to announce this latest portfolio acquisition as it marks an important step into our continued growth in 2017. We believe that decentralised energy is the future and offers consumers new levels of control, security of supply and value for money."

"Managing a residential portfolio is not an easy task as it can be difficult to service lots of disparate systems with different components.

"However, over the last six years we have built up solid in-house expertise in finance, development, asset management and operations and maintenance, which gives us the perfect foundation for expansion in this area."

"We have an exciting pipeline of projects on the horizon for the coming year, which will allow us to build on our reputation as a trusted partner that always delivers."

SOLAR DAILY
meeco installed biggest solar energy plant in Zimbabwe
Zug, Switzerland (SPX) Feb 24, 2017
Many companies in Africa are struggling with electricity scarcity, power cuts and the reliance on diesel generators. The current installation of the so far largest solar energy plant in Zimbabwe with a total capacity of 216 kWp marks a major turning point in the history of energy supply in Zimbabwe and its companies, which are still strongly dependent on fossil fuels. The Swiss-based clean ... read more

Related Links
Lightsource Renewable Energy
All About Solar Energy at SolarDaily.com


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.

SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only

Comment on this article using your Disqus, Facebook, Google or Twitter login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

SOLAR DAILY
Light-driven reaction converts carbon dioxide into fuel

Biofuel produced by microalgae

Scientists use nanoparticles, ultraviolet light to turn CO2 into fuel

Alberta backing bioenergy programs

SOLAR DAILY
Shape-shifting molecular robots respond to DNA signals

Tracking the movement of cyborg cockroaches

Study: Even 'benevolent bots' fight, sometimes for years

Scientists invent new, faster gait for six-legged robots

SOLAR DAILY
Breakthrough research for testing and arranging vertical axis wind turbines

German company to store US wind energy in batteries in Texas

US grid can handle more offshore wind power

Michigan meets renewable energy targets

SOLAR DAILY
Secret Uber software steers drivers from stings

Protectionism would be 'disaster' for autos: Renault-Nissan's Ghosn

Kymeta aimes to deliver terabyte connectivity to the car of the future

Tesla slips back into red but revenue grows

SOLAR DAILY
New path suggested for nuclear fusion

Romeo Power expands EV battery pack production in Southern California

Tweaking electrolyte makes better lithium-metal batteries

Donut-shaped fusion plasmas decrease adverse turbulence

SOLAR DAILY
Iran requests 950 tonnes of uranium from Kazakhstan

Researchers find new clues for nuclear waste cleanup

Next generation of nuclear robots will go where none have gone before

Areva narrows losses in 2016

SOLAR DAILY
New Zealand lauded for renewables, but challenges remain

EU parliament backs draft carbon trading reforms

Taiwan lantern makers go green for festival of lights

Republican ex-top diplomats propose a carbon tax

SOLAR DAILY
Forests to play major role in meeting Paris climate targets

Forests worldwide threatened by drought

Study: The forest is getting farther away, especially in rural America

Myanmar makes record seizures of illegal timber




Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News






The content herein, unless otherwise known to be public domain, are Copyright 1995-2017 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement