The Renewable Energy Association (REA) has published a 10-point action plan for the UK government which could put solar on the path away from direct subsidy.
Solar investment firm Foresight Solar Fund has completed the acquisition of majority stakes in three solar parks with a combined capacity of 34MW from Belectric subsidiary Big60Million.
Just 21MW of large-scale commercial rooftop installations were completed in Q2 2015 – the lowest quarterly deployment within the bracket in two years – prompting the Solar Trade Association to lament the “underperforming” market.
Amber Rudd has labelled climate change as “one of the greatest long-term economic risks” currently facing the UK as part of a wider speech on climate change.
Energy and climate change secretary Amber Rudd has defended government decisions to scrap subsidy support for renewables a year earlier than planned, citing the need to tackle climate change in the “most cost-effective way”.
Bluefield Solar Income Fund (BSIF) has shrugged off Wednesday’s announcement that Renewables Obligation support for sub-5MW projects is to be closed a year earlier than planned, insisting it will not have an impact on its business.
Jon Ferris, head of energy markets at Utilitywise, discusses Wednesday’s subsidy cut proposals and why the government’s decisions on other green taxes such as the Climate Change Levy should attract more criticism
Solar can be the UK’s first subsidy-free renewable energy source and could reach grid parity by 2020 as long as the government can provide a “smooth transition” over the coming years, a report issued by both the Renewable Energy Association and Big Four auditors KPMG.
Former secretary of climate change, Conservative MP and newly appointed president of the British Photovoltaic Association (BPVA), Greg Barker has warned the solar industry against excessive “doom mongering” in the wake of fresh subsidy cuts.