Among other proposed changes, the new structure would only offer 80% of the FIT levels for “aggregated PV schemes” where a single entity owns multiple installations – hitting a number of developers targeting the UK’s huge social-housing stock – as well as impose energy-efficiency requirements on properties hoping to take advantage of the programme.
The proposed cuts were expected by many in the UK renewables sector, with the government claiming they merely reflect the crushing downward price pressure affecting the entire PV industry.
Budget
