Investment funds shelve solar plans

Spotted over at Business Green was this article about more investment funds shelving solar plans following the recently announced emergency feed-in tariff review, which it’s believed, is aimed principally at larger solar farm type plans as opposed to homeowners own personal solar panel installations.

Whilst the article goes on to list those companies and the reasons why they’re pushing the pause button on gathering investment, what I found most interesting was the figures relating to current feed-in tariff usage.

Apparently, of the £30 to £51 million budgeted for by the Government in the feed-in tariff’s first year, during the first 9 months of operation, just £6.3 million has been paid to households and businesses that have installed qualifying renewables technology.

photo credit: annie roi

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