UK PV market faces stiff challenge to match stellar 2011

The UK PV market appears likely to shrink this year, due to lower subsidy levels and the virtual hiatus created by the government’s long-running – and ultimately unsuccessful – legal battle to retroactively slash the feed-in tariff (FIT).

2011 was a breakout year for the British PV sector, with 700MW of new capacity installed – compared to the 50MW that had been added cumulatively until then, according to the European Photovoltaic Industry Association (EPIA).

That surge made the UK one of the world’s fastest-growing PV markets, and the eighth-largest globally – ahead of sunnier European countries like Spain (400MW) and Greece (350MW), and more than twice the size of emerging solar hot spots like India (300MW).

But experts agree that a variety of factors will conspire to shrink the…

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