The number of solar panel installations in the UK over the past year has tumbled to a seven-year low, despite falling costs, as the government cut solar incentives, according to data from blockchain energy firm Energi Mine. After analysing eight years of government data, Energi Mine found that solar photovoltaics (PV) installations dropped following a shift in government policy away from a rebate incentive scheme called the feed-in tariff (FiT) in 2016. The firm’s research found that in the two years since the government cut the FiT by more than 60 per cent, the number of new solar PV installations plummeted from over 26,000 a month in December 2015 to just 2,422 in January 2018.
City AM 4th April 2018 read more »
Irish utility SSE Airtricity has acquired a 40% stake in Activ8 Solar Energies, one of Ireland’s leading rooftop solar installers. SSE Airtricity has also retained the option to acquire a further 10% shareholding after two years. The deal, which is subject to approval by Ireland’s Competition and Consumer Protection Commission, will see Activ8’s existing management team continue to lead the firm. SSE Airtricity expects to complete the purchase in the coming months.
Solar Power Portal 4th April 2018 read more »