19 Apr '12, 2am

DECC urged to delay subsidy cuts after solar market crash - 19 Apr 2012 - News from BusinessGreen via @businessgreen

The government has been urged to delay another round of deep cuts to the feed-in tariff for solar electricity, after new figures revealed the number of businesses and homes installing photovoltaic panels has crashed following the latest cuts to incentives on 1 April . Weekly government figures revealed that solar firms installed an average of 2MW each week since the start of April, marking a sharp decline from the 4.8MW average capacity installed in the same weeks last year. FURTHER READING Coke lights up Europe's largest soft drink plant with solar power S&C Electric to pilot round the clock solar power This month's figures are the lowest since January 2011, aside from the week leading up to 1 January 2012, when just 0.4MW of capacity was installed. They also reveal that only one business-scale installation was completed last week, the lowest level since January 2011. Ind...

Full article: http://www.businessgreen.com/bg/news/2168752/decc-urged-d...

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