The Department of Energy and Climate Change today announced the results of it’s long forecast review of the feed in tariff (FiT), the subsidy for renewable energy. The results of the review were pretty much as expected with the Govt. having largely ignored industry concerns.
The FiT for anaerobic digestion was increased slightly but the FiT for large scale solar was slashed and it is not now likely that many of these industrial scale schemes will go ahead.
The good news for smaller solar PV operators and installers is that the review has left untouched the subisidy for small scale (i.e. less than 50kW) solar PV installations. In 2010 over 30,000 small scale soalr PV systems were installed in the Uk and in the first 3 months of this year the number installed exceeded 17,000.
It looks like it’s going to be a busy summer for solar.
For more information on solar PV go to www.ac-solar.co.uk