Commercial Scale PV generates £13.5million in 2012

Commercial-scale Solar PV projects are estimated to be generating £13.5million worth of electricity a year according to the latest research poll.

Research carried out by an independent energy company revealed that the many commercial-scale independent Solar projects of over 50kw, that are operating in the UK at the end of 2012, account for 322MW of its capacity.

Renewable Energy Developer’s account for 59% of the total energy being generated by the sector with 13% coming from onsite generators and landowners alike and a  further 7% is accounted for by the agricultural sector.

Rising energy prices and the introduction of financial subsidy schemes such as the Feed-in Tariff have sparked huge interest in the development of independent renewable generation projects in recent years, and this is likely to continue to grow at a steady rate.

For businesses, farms and organizations faced with steep rises in energy costs, investing in their own renewable energy projects can generate significant savings and help the company remain competitive.   The combined strength of a large number of these projects will also play an increasingly important role in helping the country meet its climate change targets in the years ahead.

The capacity figure is expected to rise significantly in the months ahead following the dramatic renaissance in the market after a sharp rise in module price reductions made larger-scale schemes far more viable in the UK.

To find out more about how you can save on your energy prices why not call one of the team who will be more than happy to help, along with our obligation free quote.

This entry was posted on Monday, June 24th, 2013 at 12:08 pm and is filed under Renewable Energy Source. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.