Lifting trade sanctions against China could reduce the cost of solar panels by 30%, according to an investment firm.
Lowering the price of panels could bring benefits within weeks and may make solar Europe’s cheapest form of energy by 2020, the Sun Investment Group said.
The Europe Union (EU) introduced a tariff of up to 64.9% on Chinese solar panels in 2013 after accusing the Communist state of dumping panels on the European market to harm local manufacturers.
Its decision to lift remove min...
Half of the UK’s solar panel installers could cut up to 75% of their workforces if the UK Government introduces proposed cuts to subsidies.
A survey by the Renewable Energy Association (REA) found that more than 40% of solar panel installation companies are thinking about leaving the market all together.
Around 78% of firms are considering job losses if proposals to close the Feed-in Tariff and end the Export Tariff are enacted in the spring.
Some 10,900 people are employed in the solar indus...
More than 200 organisations have written to Energy Minister Claire Perry urging the UK Government to continue paying the export tariff for small solar generators.
The Solar Trade Association (STA) said the export tariff was not a subsidy, but a mechanism that works alongside the FiT scheme to ensure small renewable generators are paid a fair market rate for the electricity fed into the grid.
As well as solar and battery storage companies, the letter has been signed by a diverse mix of organisa...
The carbon intensity of the UK’s power grid has risen by 8% over the past three months due to high pressure dampening wind speeds over the summer.
Solar panels helped to make up for some of the shortfall from wind turbines, but gas-fired power stations were still used to meet demand.
Duncan Burt, Director of Operations at National Grid, said: “We have seen a slight decrease in wind over the summer linked to the unusually warm weather, which demonstrates why it is important for us to have a div...
Scotland now has more than 450 community energy projects, according to figures from the Scottish Parliament.
The number of community-owned scheme has jumped by 62% since 2011.
Gillian Martin, a member of the Scottish Parliament’s Economy Committee, said: “The rapid increase in community-owned green energy projects can not only help communities cut down on their carbon footprint, but it will also save them money – providing them with the energy they need now and in the future as the technology ...