Clean Energy Gets a Boost as Greenvolt Channels €320m into UK Projects

Image Credit: Greenvolt

Greenvolt Group has announced plans to invest €320 million in the United Kingdom over the next three years, aiming to deliver one gigawatt of renewable energy capacity by the end of 2028.

Of the total investment, €270 million will be directed to Greenvolt Power, the company’s utility-scale division. These funds will support the development of large-scale solar projects and battery storage systems. The remaining €50 million is earmarked for Greenvolt Next UK, which focuses on distributed energy solutions tailored for commercial and industrial clients.

This strategic move aligns closely with the UK Government’s Solar Roadmap. The national plan sets a target of up to 47 gigawatts of installed solar capacity by 2030. Notably, it includes a goal of 15 gigawatts from rooftop solar panels installed on commercial buildings.

Greenvolt Group chief executive Joao Manso Neto said the commitment reflects “both the opportunity we see in the market and Greenvolt’s determination to lead in clean energy solutions across distributed generation, utility-scale and sustainable biomass”.

Greenvolt Next UK, headquartered in Warrington, is already managing a robust sales pipeline that totals around 150 megawatts. Active projects include rooftop solar installations at Weston Favell Shopping Centre in Northampton and Birchwood Shopping Centre in Warrington.

Speaking on the investment, Chief Executive Owen Power said the funding would allow the company to bring renewable energy solutions to more businesses across the country. He added that demand for decentralised energy systems is rising rapidly as companies seek ways to reduce costs and enhance energy resilience.

Greenvolt Power, meanwhile, is targeting the delivery of 500 megawatts of new capacity in the UK alone. This includes solar, wind and battery storage infrastructure. The company’s global pipeline is substantial, with 13.2 gigawatts of projects in development. That figure consists of 210 megawatts of solar and 57 megawatts of battery storage, specifically within the UK market.

To help fund this expansion, Greenvolt recently completed a €150 million share capital increase. The round was fully subscribed by existing shareholder KKR, boosting the group’s financial flexibility and supporting its ambitions in the battery storage sector across key global markets.