Featured in Cracking the code – 03-2011

FIT capers and shaky confidence

UK: The UK had installed around ten megawatts of PV before the FIT was introduced last April 1. Since then, the country has made great inroads in terms of newly added capacity. Predictions are this could notably increase. But news of an early tariff review has attracted harsh criticism and left confidence shaky.

Barely registering as a blip on the solar scene a year ago, the UK has worked hard to build up its photovoltaic (PV) industry. Under the newly introduced feed-in tariff (FIT), installed capacity grew more than four-fold to reach 45 megawatts (MW), or 17,244 projects between April 1 and December 31. According to the country’s …

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