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ARTICLE · 05 OCTOBER 2018

How Bright Is The Future Of Solar?

A few years ago, it felt like we were in the midst of a clean energy revolution, with the UK Government offering generous subsidies and enticing feed-in tariffs for both small and large-scale solar installations.

United KingdomEnergy and Natural Resources

A few years ago, it felt like we were in the midst of a clean energy revolution, with the UK Government offering generous subsidies and enticing feed-in tariffs for both small and large-scale solar installations. New-build houses often included solar arrays on their roofs, and it seemed as though solar farms were popping up every few miles along British roads.

However, in recent years, Government subsidies have been reduced and, as a result, solar installations are a far less attractive proposition. We're approaching a time when the cost of manufacturing and installing solar systems is low enough that the return on investment makes installations just about feasible even without generous subsidies, but the UK solar industry definitely seems to have slowed down. The US appears to have experienced a similar downturn, partially as a result of tariffs having been applied to basic solar equipment.

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