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Archive for tag: FiTs

Feed in Tariff review announced

Yesterday, (17th December), DECC announced the details of its Feed in Tariff Scheme review, confirming that subsidies will be cut by 64%, a significant figure, but not quite as much as the 84% predicted. Under the new tariffs, there will be a 4.8% rate of return for solar, 5.9% for wind, and 9.2% for hydro.


STA lays out jobs losses for solar

Not quite the news we were hoping to hear: the Solar Trade Association (STA) claims that some 20,000 more jobs could be axed in the solar industry, as a result of proposed cuts to government subsidies; a slight improvement on the 27,000 jobs it had previously estimated.

 

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