RR Phantom
Location : Wasted Space Job/hobbies : Cayman Islands Actuary
| Subject: UK Government to slash subsidies for large scale solar farms Tue May 13, 2014 11:33 pm | |
| The government has unveiled proposals to limit the subsidies paid to large solar farms from next April.
Owners of installations bigger than 5 megawatts (MW) will have to compete with other renewables for financing.
The Department of Energy & Climate Change (Decc) says it wants to encourage the development of smaller scale and community energy production.
Campaigners have condemned the move, saying it will undermine investor confidence in the renewable sector.
The government wants to draw a close to the current system two years before it was projected to end.
Many parts of Southern England have seen a boom in solar power generation in recent years. There is currently enough photo-voltaic installed capacity to power 620,000 homes.
http://www.bbc.com/news/science-environment-27393805#sa-ns_mchannel=rss&ns_source=PublicRSS20-sa |
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