UK leads Europe for solar growth despite drop in installations after government cut subsidies. The Guardian reported on 7th March that  “The amount of solar power added worldwide soared by some 50% last year because of a sun rush in the US and China, new figures show. New solar photovoltaic capacity installed in 2016 reached more than 76 gigawatts, a dramatic increase on the 50GW installed the year before. China and the US led the surge, with both countries almost doubling the amount of solar they added in 2015, according to data compiled by Europe’s solar power trade body. Globally there is now 305GW of solar power capacity, up from around 50GW in 2010 and virtually nothing at the turn of the millennium.”

Despite the slowdown of Solar installation during 2015 and the first half of 2016 the UK still led Europe for solar growth with 29% of new capacity, followed by Germany with 21% and France with 8.3%.

The price of Solar PV technology has reduced substantially over the last 12 months and once again the technology can hugely benefit businesses. Boston Renewables are visiting businesses where the return on investment could be as high as 20%, certainly as high as the FIT glory days so Solar PV is well and truly back on the map. Businesses that are once again thinking of investing in Solar PV and other renewables should give us a call to discuss further on 01482 679757.