During the rise of renewables, solar energy in the UK has – unsurprisingly for such a cloudy country – often taken a backseat to wind power generation.
However, solar has come to the fore in recent years, with total UK solar production capacity now almost 6 gigawatts (gw). Despite this, the closure of the Renewables Obligation (RO) subsidy regime to all new constructions in 2017 raised investor concerns around all types of renewables in the UK. Reaves CEO: Look beyond UK headwinds in utilities Only one utility-scale installation has been deployed in Britain since 2017, increasing utility-scale capacity by just 0.1%. If investors are apprehensive about renewables in the UK, the solar market in the US is booming, with total insta...
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