London: By destroying the economics of PV installations larger than 50kW through proposed subsidy changes, the UK government will chase away investors large enough to give the sector lasting momentum, experts warn. Last month, energy-efficiency specialist Eaga nailed down £300m ($490m) in debt and equity finance to build 100MW of PV capacity across several thousand social-housing rooftops.
The size of the deal is what allowed Eaga to attract such an impressive roster of banks, says David Kipling, founder of Edinburgh-based Clean Energy Capital.
Eaga's
