Close Menu
    What's Hot

    Trump Is Dominating G.O.P. Primaries. Does That Mean Victory in the Midterms?

    Timeline: Where and When Trump Has Involved the U.S. Military in International Conflicts

    Wall Street is quietly betting on AI to beat inflation – GeekWire

    Facebook X (Twitter) Instagram
    Trending
    • Trump Is Dominating G.O.P. Primaries. Does That Mean Victory in the Midterms?
    • Timeline: Where and When Trump Has Involved the U.S. Military in International Conflicts
    • Wall Street is quietly betting on AI to beat inflation – GeekWire
    • Is the US jobs market immune to the Iran war?
    • What A.J. Brown would bring to the Patriots’ offense
    • Feeble Little Horse leans into digital weirdness on bitknot
    • Colombians head to the polls to choose President Gustavo Petro’s successor | Elections News
    • Israel Captures Crusader Castle That Symbolized Its Long Lebanon Occupation
    interluknewsinterluknews
    • Home
    • Business
      • Corporate News
      • Industry Insights
      • Startups & Entrepreneurship
      • Technology & Innovation
    • Economy
      • Economic Policy
      • Financial Analysis
      • Inflation & Interest Rates
      • Trade & Markets
    • Global
      • Conflicts & Security
      • Diplomacy
      • Global Trends
      • International Affairs
    • Lifestyle
      • Fashion
      • Food & Dining
      • Personal Development
      • Travel
    • Opinion
      • Columns
      • Editorials
      • Expert Opinions
      • Reader Voices
    • More
      • Politics
        • Elections
        • Government & Policy
        • International Relations
        • Political Analysis
      • Sports
        • Cricket
        • Football / Soccer
        • International Sports
        • Local Sports
      • Technology
        • Artificial Intelligence
        • Cybersecurity
        • Gadgets & Reviews
        • Tech News
      • South Africa News
    Facebook X (Twitter) Instagram
    interluknewsinterluknews
    Corporate News

    More solar farms on the way after record renewables auction

    adminBy adminFebruary 10, 2026No Comments3 Mins Read
    Share Facebook Twitter Pinterest Copy Link Telegram LinkedIn Tumblr Email
    More solar farms on the way after record renewables auction
    Share
    Facebook Twitter LinkedIn Pinterest Email

    The government is targeting 45-47 gigawatts (GW) of solar power capacity by 2030, to help meet its clean power goal, potentially rising to 54-57GW with extra rooftop solar.

    That would be up from 21GW as of autumn 2025, according to government figures, although the solar industry puts current capacity at 24GW.

    The government also wants more batteries and other storage systems, to be able to make use of solar energy outside of sunny periods.

    Today’s haul of solar farms secures another 4.9GW of capacity across 157 projects, higher than the 3.3GW across 93 projects in the previous auction in 2024.

    The results have been broadly welcomed by clean energy groups as a major step-forward for the solar industry.

    However, most analysts still have serious doubts about whether the government will meet its 2030 clean power target, given the number of renewables projects that still need building and connecting to the grid.

    The solar and onshore wind projects awarded contracts are given a guaranteed price – for 20 years for solar and wind in this auction – and linked to inflation. That certainty is designed to reassure developers that they will get a return on their upfront investment.

    The solar projects have been awarded a fixed price of £65 per megawatt-hour of electricity generated, in 2024 prices. That is down from the £70/MWh awarded at the last auction in 2024, also in 2024 prices.

    About 1.3GW of onshore wind projects were also awarded contracts. They have risen slightly in price, to £72/MWh, up from £71/MWh in the last auction, both in 2024 prices.

    These projects can end up raising or lowering household bills, partly depending on how they compare to the price of electricity on the wholesale market. Wholesale market prices are usually driven by gas today.

    But the final impact on bills is difficult to calculate as it depends on future gas prices, grid upgrades and how much our demand for electricity rises, among other factors.

    The government says that the solar and wind prices are much cheaper than the alternative of building and fuelling a new gas power plant.

    Energy Secretary Ed Miliband said: “By backing solar and onshore wind at scale, we’re driving bills down for good and protecting families, businesses, and our country from the fossil fuel rollercoaster controlled by petrostates and dictators.”

    But shadow energy secretary Claire Coutinho said: “Ed Miliband is loading more and more wind and solar on to the grid before the grid can handle it.

    “The true cost of this power, once you add in network charges and back up is far higher, so all this will do is make our electricity even more expensive,” she claimed.

    Reform UK has also questioned the cost of and need for net zero. Meanwhile the Lib Dems and the Greens want to see an expansion of renewables around the country to tackle the threat of climate change and boost green jobs, although some councillors have raised local objections.

    The SNP supports renewables and has long argued for Scotland to have control over its energy resources. Plaid Cymru says it recognises the need for a range of renewable technologies but has opposed some large solar farms covering agricultural land.

    A small number of contracts have also been awarded to tidal power projects. They are expensive but the government sees them as an investment in a technology which could become cost-effective in future, as well as boosting green jobs.

    auction farms record renewables solar
    Follow on Google News Follow on Flipboard
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Copy Link
    Previous ArticleVC Masha Bucher, Epstein associate and Day One founder, explains herself
    Next Article Former Palm Beach Police Chief Said Trump Told Him ‘Everyone’ Knew About Epstein in 2006
    admin
    • Website

    Related Posts

    What Is Airbnb For, Exactly?

    May 31, 2026

    When War Breaks Out Over the Family Business, They Get the Call

    May 30, 2026

    Historic cattle shortages push US beef prices to record highs

    May 30, 2026
    Leave A Reply Cancel Reply

    Demo
    Latest Posts

    Trump Is Dominating G.O.P. Primaries. Does That Mean Victory in the Midterms?

    Timeline: Where and When Trump Has Involved the U.S. Military in International Conflicts

    Wall Street is quietly betting on AI to beat inflation – GeekWire

    Is the US jobs market immune to the Iran war?

    Latest Posts

    Subscribe to News

    Get the latest sports news from NewsSite about world, sports and politics.

    Advertisement
    Demo

    We are a digital news platform delivering timely, accurate, and insightful coverage of politics, global affairs, business, economy, sports, and more. Our mission is to keep readers informed with reliable news, clear analysis, and stories that truly matter.
    We're social. Connect with us:

    Facebook X (Twitter) Instagram Pinterest YouTube

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    Type above and press Enter to search. Press Esc to cancel.

    Powered by
    ...
    ►
    Necessary cookies enable essential site features like secure log-ins and consent preference adjustments. They do not store personal data.
    None
    ►
    Functional cookies support features like content sharing on social media, collecting feedback, and enabling third-party tools.
    None
    ►
    Analytical cookies track visitor interactions, providing insights on metrics like visitor count, bounce rate, and traffic sources.
    None
    ►
    Advertisement cookies deliver personalized ads based on your previous visits and analyze the effectiveness of ad campaigns.
    None
    ►
    Unclassified cookies are cookies that we are in the process of classifying, together with the providers of individual cookies.
    None
    Powered by