The price of domestic solar in the UK has failed to decline – and even rose marginally – in the two years since the feed-in tariff was revised, government statistics have revealed.
Subsidy-free solar farms are at risk of failing to be viable on the wholesale market owing to ‘price cannibalisation’ during periods of high output, according to a new report by consultancy Cornwall Insight.
Energy and clean growth minister Claire Perry has hinted that the government’s forthcoming post-2019 solar direction could deliver a “really positive” set of outcomes for the industry.
The UK has climbed back up to seventh in EY’s Renewable Energy Country Attractiveness Index (RECAI), its highest position since cuts to renewable subsidies sent its ranking tumbling.
The government quietly abandoned plans to install 1GW of solar on its estate following cuts to subsidies it enacted in 2015, Solar Power Portal can reveal.
RepowerBalcolme has completed its latest community funded install at a primary school in West Sussex in a sign that the economics of such projects are now “coming back” following feed-in tariff cuts.
Solarcentury’s UK revenues more than halved in 2017 amidst a backdrop of subsidy uncertainty, a loss which was somewhat mitigated by the firm’s international growth.
Regulatory divergence from the standards of the European Union will threaten the growth of the UK’s low carbon sector post-Brexit, a leading green think tank has warned.
