Jun
24
2010
UK Solar Market to Increase 5x This Year and 30x by 2015?
By paulgreen
Feed-in tariffs (FiT) have hit the UK and they are predicted to create a big boost for solar energy. A new report by PricewaterhouseCoopers predicts a five-fold increase in demand for photovoltaic (PV) solar panels this year as a result.
The new report is titled “On the brink of a bright future?” and predicts that the UK solar market can hit 1GW by 2015. At the end of 2009, only 32MW of solar energy were installed in the UK (0.3% of total renewable energy in the country), but with a new FiT scheme that could increase 30 times, the experts predict.
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