The government remains bullish about the future for solar PV deployment in the UK, despite the latest statistics indicating levels of new capacity coming online have dropped sharply since subsidy changes took effect in spring 2016. New statistics show more than a gigawatt of additional solar PV capacity was installed across the UK during the first six months of this year, roughly the same as the amount deployed during the second half of 2015. However, the figures published last week point to a flurry of capacity coming online in March 2016 just before the Renewables Obligation scheme closed to small-scale solar PV installations between 50kW and 5MW, and just before the final closure of the RO to grace period sites larger than 5MW. The government also brought in changes to the Feed-in Tariff (FiT) regime in February, which saw incentive rates for small scale solar installations drop by as much as 63.5 per cent, on top of changes to FiT rates for other renewables and an overall cap on the government’s FiT spending through to 2018/19.
Business Green 1st Sept 2016 read more »