With the Feed-in Tariff now closed to new applicants (from 1 April 2019), the Smart Export Guarantee currently under consultation with a government busy with the Brexit agenda, stubbornly high costs of entry to new entrants (such as high grid upgrade costs), the required rates of return for investors have not been reached and as a result there has been a noticeable slowdown in the roll-out of new renewables projects.
The Government has been accused of throwing the renewables industry "off a cliff" by scrapping an energy payment scheme for householders.
Scottish small-wind turbine manufacturer Gaia-Wind has sold its first turbines to Japan just weeks after establishing own local subsidiary.
Lack of UK Government support for the renewables sector has led UK investment firm TRIG to invest £42million in a French solar project.
The Government has been accused of “huge, misguided cuts” to clean energy after it announced reductions of almost two-thirds to subsidies for solar panels on homes.
Millions of pounds of investment in energy projects benefiting communities across the UK is at risk from the Government’s cuts to renewables subsidies, a report warns.
Renewables are bringing down the wholesale cost of electricity, reducing the impact of clean power subsidies on consumer bills, according to research.