Under pressure
UK: The governments latest proposal to cut PV FITs is taking the heat out of the PV market. It has also left the supply chain reeling in terms of completing orders and raised questions of PVs competitiveness in the face of a 50 percent tariff cut.
Following the UK government’s fast-track feed-in tariff (FIT) review for solar PV back in June, companies in the UK solar PV industry have been preparing for cuts to the highest rate, for sub-50 kilowatt (kW) installations, from April 2012. On 31 October, the Department of Energy and Climate Change (DECC) published a consultation paper on …
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