UK PV market showing signs of recovery08. June 2012 | By: Solar Trade Association
DECC figures released this morning indicate that the solar PV sector is gradually recovering from its recent market stagnation.
The trend since the end of April is a steady weekly increase in deployment of around 620kW, as shown in the graph below. Although the graph appears to drop off at latest data point, this is expected to be revised upwards next week, owing to a lag in data collection.
The STA was instrumental in securing a workable cost control framework for the FIT, and is now working hard to get the message out that solar is still a great investment. STA  Chief Executive Paul Barwell comments: “We have been monitoring deployment very carefully. We're now fairly confident that the UK PV market is on the road to recovery. This steady climb in deployment – which will see a minor blip next week owing to the Jubilee weekend – is a sign of a stable and sustainable future for the UK PV sector. Consumers are getting the message that returns are as good as ever and the Feed-in Tariff is finally stable.”
STA PV Specialist Ray Noble adds: “The previous peaks and troughs were of course not sustainable. The feedback we are getting from industry is that deployment will continue to rise. We need to increase present deployment to a steady rate of 21MWp/week in order to achieve the Government’s expected annual deployment of 800-1,000MWp.”