Legislation to increase the rate of VAT attached to solar panels and home batteries to 20% move forward yesterday following a legislation committee hearing that included accusations of government errors and “bombast and windbaggery”.
Social Energy is closing in on raising up to £50 million in new finance, after more than 20 companies expressed an interest in helping support the energy tech firm’s expansion.
Last summer’s heatwave helped double NextEnergy Solar Fund’s profits, but the adverse effects of high temperatures dragged down its overall performance, the company said.
Solar Power Portal has today launched a new survey in a bid to determine just how effective recent policy movements in the UK energy market could prove for domestic solar.