
The latest consultation from the DECC outlines proposed changes to financial support for solar PV.
The latest consultation from the DECC outlines proposed changes to financial support for solar PV.
Part A outlines plans to effectively cost manage the deployment of large and medium scale solar PV under the Renewables Obligation (RO) and Feed in Tariff (FITs) scheme.
Part B outlines the promotion of mdscale building-mounted solar PV.
The consultation process:
• Closing the RO to solar PV capacity greater than 5MW from 1st April 2015.
• Installations equal to or less than 5MW are currently unaffected and remain eligible for the RO, however, response to the changes are being monitored in this size bracket.
• Allowing a grace period for developers who have made significant financial commitments to projects on or before 13th May 2014; allowing entry to the RO after 1st April 2015.
• Splitting the stand-alone and greater than 50kw FITs degression band into two separate bands, to encourage investment and deployment of building mounted solar PV systems.
View the full Changes to large scale solar funding briefing.