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UK solar energy capacity to reach 10GW by 2016


06 July 2015 by

BG - The UK's solar photovoltaic (PV) capacity is set to exceed 10GW by March next year, according to new research that shows Britain remains the most "vibrant" solar market in Europe. More than 100 developers, 50 companies, and 40 investors are poised to add to the surging British solar market over the next eight months, as it continues to grow, according to a report published last week by Solar Media.


Finlay Colville, head of market intelligence at Solar Media, said the government's Renewable Obligation Certificates (ROCs) scheme had drawn solar developers away from mainland Europe, and that there had been a rush of investment before the government closed the subsidy to large solar projects in March this year.

 

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