Solar Eclipsed as Subsides Slashed

Solar copy

Guido highlighted back in January that the government’s tapering of subsidies for renenwables could potentially see the death of subsidy junkies in five years. Solar looks to be the first to take the plunge…

The Guardian reports that the solar panels industry has collapsed in the wake of subsidy withdrawal. In fact, household solar power capacity installed in the past two months has undergone a 75% decrease, a lot more than was expected following the 65% cut in government incentives for householders to install panels. This is the renewable industry’s problem: It needs shed-loads of taxpayer cash to survive, and when the subsidies are taken away it goes to the wall…

mdi-timer 22 April 2016 @ 13:51 22 Apr 2016 @ 13:51 mdi-twitter mdi-facebook mdi-whatsapp mdi-telegram mdi-linkedin mdi-email mdi-comment View Comments
Stunt to Save Solar Subsidy Falls Flat

The Trillion Fund, an organisation that aims to “open up opportunities to profit from clean energy” has released a video aiming to convince the public to keep the Feed-in tariffs that force the taxpayer to subsidise solar panels. It’s terrible…

“In 2014, Britain led solar expansion in Europe. Now the government want to slash the support that made that possible – Feed-in tariffs or ‘FITs’. 27,000 jobs, countless community projects, and our place in the solar technology race are at stake.”

If that doesn’t convince Rudd to stick to her guns, nothing will…

mdi-timer 22 October 2015 @ 17:01 22 Oct 2015 @ 17:01 mdi-twitter mdi-facebook mdi-whatsapp mdi-telegram mdi-linkedin mdi-email mdi-comment View Comments
Solar Subsidy Spongers Pull Out of UK

SunEdison

Professional subsidy-spongers SunEdison have announced that they are pulling out of the UK, citing Amber Rudd’s plans to stop propping up small scale solar projects. SunEdison describe themselves as the “largest global energy renewable development company” and claim to have invested £400 million in the UK. They operate by offering to install solar panels on residential rooftops for free, then siphoning off the tax payer funded subsidies.

SunEdison tempt customers with the slogan: “Sunlight is free. Imagine if going solar were, too.” Turns out it’s not…

mdi-timer 8 October 2015 @ 12:15 8 Oct 2015 @ 12:15 mdi-twitter mdi-facebook mdi-whatsapp mdi-telegram mdi-linkedin mdi-email mdi-comment View Comments
BBC Helps Plug Big Solar

solar-panels-homepage

Listeners to the Today programme this morning were treated to the chair of the “Carbon Tracker Initiative” Jeremy Leggett “slamming the meagre investment in renewable energy being made by energy companies. Apparently if they don’t do more, there will be starvation, droughts, floods and other “horrors”…

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“They’re [the big oil companies] setting up of a study to find out whether you know, we can have 50% renewable in the electricity mix by 2050. Well, you know, that’s completely inadequate. That will give us a world of four degree Celsius, way above the danger ceiling of two degree Celsius for global warming. A world in which you know, we’d be finding it difficult to feed ourselves or have enough drinking water amid all the droughts and floods and wildfires and all the other horrors.”

Oddly, what James Naughtie failed to mention is that Jeremy Leggett is the founder and non-executive chairman of Solarcentury, one of the UK’s largest solar companies. Some sunlight should have been shone on his vested interest…

mdi-timer 29 September 2015 @ 13:28 29 Sep 2015 @ 13:28 mdi-twitter mdi-facebook mdi-whatsapp mdi-telegram mdi-linkedin mdi-email mdi-comment View Comments
CBI Beg For Solar Cash

solar-cash

The CBI have launched an all-out assault on Amber Rudd’s plans to cut green crap this morning, with their director General John Cridland briefing the newspapers that the cuts will send a “worrying signal” to business. He sounds a bit like a Greenpeace spokesman…

“The green economy is an emerging market in its own right, brimming with opportunity… Yet, with the roll-back of renewables policies and the mixed messages on energy efficiency, the government risks sending a worrying signal to businesses… We need all countries to pull in the same direction at the Paris Climate Summit (in November) to give firms the certainty and confidence they need to invest in the green economy for the long run”.

What is it about businesses with guaranteed government backed revenue that the big biz Brexit scaremongers at the CBI like so much?

mdi-timer 22 September 2015 @ 11:41 22 Sep 2015 @ 11:41 mdi-twitter mdi-facebook mdi-whatsapp mdi-telegram mdi-linkedin mdi-email mdi-comment View Comments
Rudd’s Solar Subsidy Slashing Plans Under Threat

amber rudd axe

Amber Rudd has hinted that she may be forced to back-peddle on her excellent plan to slash solar subsidies, telling the Commons today that it was “too early to say what the outcome of the consultation will be” and that she was “determined to identify the right level of solar subsidies to continue growth”. Rudd’s carefully worded caveats were made as she took oral questions for the first time since DECC announced it was consulting on plans to cut solar subsidies by 87%.

Rudd and Minister of State Andrea Leadsom are coming under sustained pressure over their subsidy plans. They faced kickback from all sides of the chamber today, while yesterday they received criticism from Boris.  Stick in there Amber…

mdi-timer 17 September 2015 @ 13:55 17 Sep 2015 @ 13:55 mdi-twitter mdi-facebook mdi-whatsapp mdi-telegram mdi-linkedin mdi-email mdi-comment View Comments
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