19 Jun '11, 11pm

Report: Solar industry collapse could be avoided without busting feed-in tariff budget via @businessgreen

The crippling cuts to feed-in tariffs for large solar installations could have been avoided, according to a new report that argues that more modest cuts to incentives would have allowed larger projects to remain commercially viable while still ensuring that the scheme does not breach its assigned budget. The government has long maintained that deep cuts to feed-in tariff incentives of between 40 and 70 per cent for solar projects worth over 50kW of capacity were necessary to stop the popular scheme overspending. FURTHER READING Last of its kind? UK's largest solar rooftop completed Solar industry urges major government re-think However, research published today by Ernst & Young and the Solar Trade Association will argue that slightly higher feed-in tariff rates of between 20p and 24p/kWh for solar installations with between 50kW and 5MW of capacity would result in an inter...

Full article: http://www.businessgreen.com/bg/news/2079903/report-solar...

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