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STA lays out jobs losses for solar

Not quite the news we were hoping to hear: the Solar Trade Association (STA) claims that some 20,000 more jobs could be axed in the solar industry, as a result of proposed cuts to government subsidies; a slight improvement on the 27,000 jobs it had previously estimated.

 

Posted by Jess Lowe on 07 December 2015 - Tagged: Renewables Solar Photovoltaics FiTs Feed in Tariffs

Feed in Tariff review announced

Yesterday, (17th December), DECC announced the details of its Feed in Tariff Scheme review, confirming that subsidies will be cut by 64%, a significant figure, but not quite as much as the 84% predicted. Under the new tariffs, there will be a 4.8% rate of return for solar, 5.9% for wind, and 9.2% for hydro.

Posted by Jess Lowe on 18 December 2015 - Tagged: FiTs Solar PV Solar Photovoltaics Renewables
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