Solar Energy: Solar and Renewables in the News

 

Solar Industry News

SolarUK Ltd maintains a watch on current news about our industry. We have presented our up to date list of news items below.

The financial benefits of a solar-powered future
The return on investment makes upgrading a home with a solar power system an easy and simple way to lower a property’s running costs and increase its value while also reducing its environmental impact.
Source: solaruk, Date and Time of entry: 07 October 2021 16:17

Rising fossil fuel costs account for 86% of UK electricity price incre
Fossil fuel costs driving force behind UK electricity price increases. Rising fossil fuel costs account for 86% of UK electricity price increases, with this trend set to continue into the winter, meaning the need to switch from imported fossil gas to domestic wind and solar generation “has never been more apparent or urgent”.
Source: solaruk, Date and Time of entry: 22 September 2021 07:24

Energy bills to rise by at least £139
EDF, one of the UK's biggest energy providers, said the "unprecedented rate" at which wholesale prices were rising meant that customers would "at some point see the impact of this global trend"
Source: BBC, Date and Time of entry: 02 September 2021 15:08

Thinktank Ember has ranked the UK as sixth in the world for solar
Thinktank Ember has ranked the UK as sixth in the world for wind and solar generation, with the technologies contributing 29% of its electricity mix in 2020
Source: solaruk, Date and Time of entry: 14 July 2021 11:54

Social Energy launches 20p/kWh export tariff
While Social Energy wasn't required to launch a tariff, it was already offering the 5.6p/kWh export rate to its customers, beating out other export tariffs including Octopus Energy's 5.5p/kWh, Bulb's 5.38p/kWh and OVO Energy's and ScottishPower's 4.0p/kWh. In October, Tesla launched the highest SEG tariff available, with this coming in at 8.0p/kWh for current Tesla vehicle owners and 11p/kWh for non-Tesla vehicle owners.
Source: solaruk, Date and Time of entry: 29 June 2021 06:29

UK needs to treble solar in order to reach net zero
n Solar Energy UK’s new report, Lighting the Way, it outlines the policy and regulatory changes needed to drive the adoption of solar over the next eight years. According to the CCC’s most recent carbon budget, by 2035 solar and wind together need to make up 75-90% of the UK’s electricity mix. This will require solar alone to generate 60TWh per year.
Source: solaruk, Date and Time of entry: 18 June 2021 08:33

Due to falling costs and the relative ease of installation, solar wins
Solar is the most popular choice for businesses looking to invest in renewables as part of their decarbonisation strategies, according to a new report from npower Business Solutions (nBS).
Source: solaruk, Date and Time of entry: 14 June 2021 06:48

VAT exemption for solar products supported by majority of public
SVAT exemption for solar products supported by majority of public, survey finds. Removing VAT on clean energy products like solar panels is supported by a majority of the public, new analysis by Green Alliance has found.
Source: solaruk, Date and Time of entry: 04 May 2021 13:47

UK's first Coal Free Christmas Day since the industrial revolution
This included the first Christmas Day without coal since the Industrial Revolution, with 30.9% of electricity coming from gas, 27.1% from wind, 21.4% from nuclear, 9.1% from imports, 7% from biomass, 2.9% from hydro and 1.5% from solar ensuring no coal was needed, according to National Grid ESO.
Source: solaruk, Date and Time of entry: 19 January 2021 09:27

VAT on Battery storage
Following the changes, the VAT rate on home energy storage jumped from 5% to 20%, a move that Richard Partington, managing director of AceOn, said has “not helped the rollout of this important renewable energy storage technology”.
Source: solaruk, Date and Time of entry: 06 January 2021 09:12

 

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