07 Jul '11, 11pm

M&S abandons #solar array after feed-in tariff cuts

Marks & Spencer executives today admitted the company abandoned plans for a large solar array at its Bradford distribution centre after having its "fingers burned" by government U-turns on feed-in tariffs. The 1.1 million square foot building opened last year and is still carbon-neutral, according to the company, but would have been fitted with a substantial number of photovoltaic panels had the government not slashed feed-in tariff rates by up to 70 per cent for developments over 50kW earlier this year. FURTHER READING M&S sees £70m savings following sustainability initiative Feed-in tariff cuts result in scrapping of government's own solar project The move was widely decried in the industry, not least by clean energy companies Ecotricity and SolarCentury, both of which unveiled solar arrays this week. Changing the Carbon Reduction Commitment (CRC) to remove the financial...

Full article: http://www.businessgreen.com/bg/news/2086691/-abandons-so...

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