Solar sector criticises de-facto windfall tax over investment concerns
The government’s revenue cap sends a poor signal to investors in renewable energy, Solar Energy UK has said.
The government’s revenue cap sends a poor signal to investors in renewable energy, Solar Energy UK has said.
Solar Energy UK has called for long-term structural reforms to accelerate the growth of renewables in response to the increase in the energy price cap.
RenewableUK’s new chief executive Dan McGrail is calling for the government to increase the cap for the next round of Contracts for Difference (CfD) auctions by 25%.
Solar Energy UK has lent its weight to calls for renewable deployment targets as part of “urgent action” needed to decarbonise Britain’s grid.
With the first full month of Brexit over, Solar Power Portal took a look at how the UK's exit from the EU has impacted the solar sector, in particular the wholesale market.
The Solar Trade Association (STA) has teamed up with techUK and Renewable UK to help encourage power purchase agreements (PPAs) to help stimulate the UK’s renewable generation.
UK energy trade bodies – including the Solar Trade Association and Regen – are calling on the Treasury to implement tax relief for clean energy technologies.
In Q1 of 2020, renewable energy generated more electricity than fossil fuels, smashing a number of records along the way.
The government needs to “go even further with enabling measures” such as public sector PPAs in order to accelerate solar deployment to help meet net zero.
Solar is “ready to deliver” in the transition to a net zero future but the Labour Party is facing a “considerable challenge” in its proposed target of net zero by 2030.