Industry calls on government to double investment in solar
Published: 07 June, 2011
LONDON: The Solar Trade Association is calling on government to double its investment in solar. A £1.2bn investment in solar photovoltaic over 5 years would deliver a "solar revolution", creating 140,000 jobs by the end of 2015 and 360,000 by the end 2020, the association said in a report.
The report, Solar Revolution Strategy, published as part of consultation on cutting solar rates under the feed-in tariff, calls for a rethink of government solar policy.
Howard Johns, chairman of association says: "The government has got it wrong on solar. We are on the cusp of a global solar revolution, major markets all over the world recognise that solar energy is critical to our future."
"Germany plans to generate 50% of its day time electricity from solar by 2020 - their targets are for 52 gigawatts (GW) of solar energy compared to 2.7 GW for the UK by 2020. Community projects have been devastated by Government decision making on solar."
The STA report recommends cutting the feed-in tariffs by 25% across all sizes of PV and recommends the government set out a "clear pathway" for solar to achieve parity with the cost of grid electricity.