Solar Industry News
SolarUK Ltd maintains a watch on current news about our industry. We have presented our up to date list of news items below.
RHPP for solar thermal increased to £600 The Department of Energy and Climate Change (DECC) has announced that payments for the Renewable Heat Premium Payment (RHPP) scheme have been significantly increased as of today. Source: solaruk, Date and Time of entry: 21 May 2013 06:40
Solar in the UK is more compelling than ever “The current level of feed-in tariff continues to represent good value for residential consumers, and with balance-of-system costs coming right down, rooftop panels can yield the same return on investment in percentage terms as they did before the cuts. And when you factor in the likelihood of increases to wholesale electricity prices, self-generation can offer a good deal of financial security. Untapping the full potential of the residential sector will be crucial to sustaining the upward trend of the UK market, Source: solaruk, Date and Time of entry: 04 March 2013 08:43
Best Buy Now as EU anti dumping law will push panel prices skywards The proposal for the EU to apply massive import tax on PV panels will cause a rapid rise in cost of systems. Currently the Feed in Tariff rate is giving a better return on investment than when the scheme first started due to the huge drop in purchase price for a system. Source: solaruk, Date and Time of entry: 23 February 2013 10:36
The Green Deal launches The coalition’s flagship energy scheme will allow houses across England and Wales to install energy efficiency measures for no upfront cost. The measures are paid for by savings on utility bills, with the cost of repayments no more than the savings generated by the installed measures. Source: solaruk, Date and Time of entry: 30 January 2013 08:29
Green Deal Finance Company confirms 6.96 per cent interest rate The underlying rate means that when operating fees are taken into account indicative interest rates on a financing package of £5,000 will range from 7.67 per cent to 7.96 per cent depending on the duration of the loan.
The figure is lower than the eight to nine per cent some observers had predicted. GDFC said it would provide "competitively priced finance [that is] open to all", but Labour Shadow Climate Minister Luciana Berger attacked the offer as a "sky high interest rate" that represents a "bad deal for the public". Source: solaruk, Date and Time of entry: 30 January 2013 08:29
Local Solar and Recycled Buildings A local company, SolarUK is demonstrating how to be green by recycling a college building from Coventry into its new 17 sided (heptadecagon) straw lined Research & Development centre in Battle. Source: solaruk, Date and Time of entry: 25 January 2013 12:32
Science Museum discovers the wonder of solar power The Science Museum is hoping to install a 40MW solar farm at the site of its big-object store in Wroughton, after hailing the proposed project as the largest of its kind in the UK. Source: solaruk, Date and Time of entry: 19 January 2013 12:29
Renewable Energy Roadmap boosts UK green confidence Solar now joins onshore and offshore wind, marine energy, heat pump and renewable transport technologies as key technologies identified by the Department of Energy and Climate Change (DECC) as integral to achieving the UK’s legally-binding 2020 emission targets. Source: solaruk, Date and Time of entry: 08 January 2013 13:10
Barker hails ‘exciting future’ for solar Commenting on the role of solar and UK manufacturing, Barker said: "Solar PV has an exciting future in the UK, one where the government and industry work together to ensure this vital green technology continues to make a real difference in supplying our homes and businesses with clean green power. Source: solaruk, Date and Time of entry: 16 December 2012 10:03
No February feed-in tariff cuts as rates remain the same until 1 May 2013 Ofgem has confirmed the feed-in tariff (FiT) rates for solar photovoltaic technology beginning February 1, 2013. The rates will remain the same Source: solaruk, Date and Time of entry: 09 December 2012 09:23
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