UK Government cuts 2020 Solar Targets from 22GW to 11.9GW
Many
people in the UK solar industry have been worried that the sudden cuts
made by the government to the solar Feed-in-Tariff (FiT) policy would
make it nearly impossible to achieve their 2020 solar targets.The cuts
were announced following a report by the consultancy firm Parson
Brinkerhoff back in February which claimed that capital expenditure
costs for new solar installations would fall by 10-30 percent by the end
of the year, a further 5-25 percent by 2014, and continue to fall by
small amounts in 2015 and beyond. However a more recent impact…Read more...
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