Solar installations used by companies to export power to the grid are to be spared from rising costs after the Solar Trade Association (STA) successfully signed a provisional agreement meaning these systems will in fact see a decrease in business rates.
Scottish Water has pledged to spend £9 million over the next three years on a number of solar projects in the single biggest investment in the technology by the utility.
Work on what is claimed to be the largest community rooftop solar scheme in the UK has been completed in Oxfordshire and is set to begin generating clean energy and revenues before the end of the month.
Lightsource has begun supplying solar energy to Ming Foods through a 25 year power purchase agreement which stands to save the Chinese pastry specialist more than £20,000 from its annual energy costs.
The Department for Business, Energy and Industrial Strategy has acknowledged the looming issue of a change in rateable values attached to commercial rooftop solar installs and pledged to “look very closely” at its potential impacts.
The Treasury is to launch a consultation setting out proposals for transitional relief measures for companies affected by upcoming changes to business tax rates on solar installations, Solar Power Portal has learned.
Labour has stepped up its pressure on the government over proposed increases in business rates taxation on solar installations and launched a campaign against the plans.
