Feed-in tariff cut shocks UK PV market
British officials today announced the cutting of support for large-scale (greater than 50 kilowatts) solar photovoltaic (PV) installations supported by the government’s feed-in tariff (FIT). This news has been expected for some time, as the government announced the FIT review in February. However, it’s still a shock for the fledgling UK solar PV market. The rapid review of the FIT has been focused on reducing tariffs for over 50-kilowatt solar PV and also increasing support for farm-scale anaerobic digestion installations. This is due to the government’s perception that large-scale solar poses a threat that was not expected. “I want to make sure that we capture the benefits of fast falling costs in solar technology, to allow even more homes to benefit from feed-in tariffs, rather than see that money go in bumper profits to a small number of big investors,” said Climate Change Minister Greg Barker

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