Farm-based solar may benefit from £1 industry rescue plan

The solar industry has launched an emergency rescue plan for the British solar sector as an alternative to the government’s proposed cuts to Feed-in Tariffs.

The Solar Trade Association says its “£1 solar rescue plan”, which proposes more support than under the government proposals, alongside higher, more flexible caps on deployment, will secure a viable future for the sector and add just £1 to household bills.

See also: Farm renewables rates cut: solar down 87%, wind 58%

The STA plan seeks £95m over the next three years, significantly more than the £7m proposed by the government.

“Solar is close to grid parity, but it is not there yet,” says Leonie Greene, STA head of external affairs. “The government’s 98% cut in the overall budget for solar would derail the industry at the last hurdle and waste the millions of public investment in solar to date.”