For solar PV to become attractive without subsidies, there is also a need to unlock deployment on buildings in the commercial sector, where around 380GW-worth of south-facing commercial rooftop space is available.
Albany, NY -- (SBWIRE) -- 10/04/2017 -- The most popular option in U.K these days is solar panels installed through a scheme called rent-a-roof. According to the new research report, "Solar Panels Market in UK-2017," that has been added in the repository of Market Research Hub, those who do not presently have solar panels installed in their homes are likely to install it in next five years. According to this research report, the main reason behind not installing solar panel is consumer in U.K think that their roof is not suited, they are too much concerned about the maintenance and replacement expenditure or the present home is might be not for their long term stay. While many of them think that they do not spend enough time at home so they do not need the solar panel. However, there would a tremendous growth in the subsidy-free solar panel market which would be mainly fuelled by constant fall the installation charges of solar panels in UK.
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The Solar Panels Market in UK Shows Strong Growth Potential
This new research report have covered development of photovoltaic installations in the UK, residential photovoltaic capacity installed in the UK, and new photovoltaic capacity installed in the UK. It has been noted that deployment of solar panels in the residential sector has collapsed following FIT cuts in early 2016. RO supported ground-mounted installed capacity is also expected to reach nearly 6GW in mid-2017. It has been observed that one of the important factor which is creating the positive impact on the solar panels market is solar-plus storage systems in post-subsidy world.
The Solar Panels Market in UK- Key Points
This research report has taken into consideration the following key takeaways while examining the solar panel market in UK-
- Brexit raises uncertainties for the renewables industry, but the government remains committed to tackling climate change
- Only two solar farms with Contacts for Difference (CfD) connected to grid
- Renewable energy and climate change policies
- Government slashes financial support for solar PV industry as cost of technology falls
- Solar PV industry hit by further drastic FIT cuts
- Government launches battery storage investment strategy
- Tax breaks for solar panels and battery systems
- A third of respondents would consider having solar panels installed if more cost-effective energy storage systems become available
Browse Full Report with TOC- https://www.marketresearchhub.com/report/solar-panels-uk-september-2017-report.html
What Does This Report Offer?
This report offer expert analysis and insights about key developments in trend and behaviour of consumers, in addition to an overview of the key brands and market data. This report provides digestible information in a very easy language to guide the future of the business of clients.
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