News
(03/02/2012)
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DECC to propose a cost control mechanism for solar PV
Back in November last year the Minister for Energy and Climate Change, Greg Barker,met with members of the UK solar industry to discuss the future of feed-in tariffs. At the time, the Minister announced plans to follow the German tariff degression model as part of the second consultation on reforms to the scheme. DECC now intends to announce the outcome of this consultation by February 9, in time for any resulting legislative changes to come into effect from April 1, 2012.
Source:http://www.solarpowerportal.co.uk/news/decc_to_propose_a_cost_control_mechanism_for_solar_pv_5478/
Source:http://www.solarpowerportal.co.uk/news/decc_to_propose_a_cost_control_mechanism_for_solar_pv_5478/
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(01/02/2012)
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Renewable deals worth jumps 40% claim PwC
Deals for new generation from renewable technologies are entering the 'big time' driving the market to new record highs, reports accountants PwC.
Source Edie News
Source Edie News
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(07/11/2011)
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Jeremy Leggett sends open letter to the PM
Jeremy Leggett of Solar Century has sent David Cameron and open letter expressing his dismay at the change in FITs proposed for 12 Dec 2011
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(28/10/2011)
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Our Reaction To Leaked FIT Review
After Greg Barker's speech at Solar Power UK, the Energy Saving Trust accidentally posted a FIT review document on their website. Here are our comments.
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(19/10/2011)
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The best things in life are for free?
Free solar panels may seem rather tempting at first glance, but missing out on £23,000 or reading the small print closely might change your mind quite quickly.
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(18/08/2011)
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Prescient Power Commissions 50kW PV at Peterborough
Prescient Power has commissioned a 49.8 kWp Solyndra PV system on the roof of the Regional Leisure Centre.
The system is expected to produce around 40,000 kWh per year.
The system is expected to produce around 40,000 kWh per year.
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(28/07/2011)
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EU research: Changing to renewable energy improves economies
A study by the German Fraunhofer Institute for Systems and Innovation Research has found that changing over to renewable energy can and will benefit economies in the near future particularly through job creation
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(28/07/2011)
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Householders to get grants for renewable heat energy
Homeowners will be able to apply for government grants towards renewable heat energy installations, writes Fiona Harvey in The Guardian.
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(27/07/2011)
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What’s going on with FITs?
So far, it can be argued convincingly, the main growth in the solar PV market has been due to the introduction of Feed-in Tariff schemes (FITs). But what will happen next year?
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(26/07/2011)
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Yingli Ranks No2 In TUV Field Test
Prescient Power started providing Yingli Solar Modules two years ago, when people asked "who are Yingli?". Now having rated number 2 in a TUV field test, we're expecting people to say "I want Yingli".
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(22/07/2011)
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Increased interest in renewable energy among investors
Interest in renewable energy among UK investors is increasing according to a number of news sources. Recently Swindon Business News reported that Triodos Renewables is seeking to expand its activities within the sector. The company hopes to raise £15 million from a share offer made to its existing 4,000 shareholders and new investors involving 8,333,400 shares at £1.80 per share. Triodos Renewables is an offshoot of Triodos Bank and was established 15 years ago.
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(14/07/2011)
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Prescient Power at the Ashby Show
Prescient Power had an extremely successful time at the excellent Ashby Show which hosts around 15,000 visitors on one day in July.
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(09/06/2011)
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Feed-in tariffs get cut above 50kW for PV
The government has decided to go ahead with its proposal to cut the rate of feed-in tariff (FIT) for solar PV schemes above 50kW, despite industry pressure.
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(08/06/2011)
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UK underestimates solar potential - Greg Barker (From the Guardian)
Britain has underestimated the potential of solar energy and the government needs to reappraise the technology because of rapidly falling costs, according to energy and climate minister Greg Barker.
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(12/05/2011)
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East Midlands Airport reveals two wind turbines
The Leicestershire airport becomes one of the first in the UK to embrace wind energy technology with the introduction of two 250kW wind turbines in early May 2011.
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(13/06/2011)
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Solar industry pins hopes on u-turn as feed-in tariff consultation ends
Business Green Article: Controversial consultation closes today with industry experts warning proposed cuts represent "disaster" for UK solar sector.
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(28/02/2011)
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UK Unlikely To Install 250MW In 2011
Industry insider predicts the future of FIT under review means the UK is not likely to install more than 250MW of eligible renewable technology in 2011
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(18/02/2011)
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FiT review could risk deterring UK commercial market from solar investments
Is the feed-in tariff good news? While the Government claim to be stepping in to defend the FiT fund from commercial domination, this could have a destabilising effect on the industry needing support and incentive to flourish as projected.
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(17/02/2011)
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EPIA urges the British Government to be cautious during FiT review
The UK Government’s decision that the renewable feed-in tariff will be reviewed a year earlier than planned has lead the European Photovoltaic Industry Association (EPIA) to speak out and urge that great care be taken.
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(08/02/2011)
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Government announces total review of feed-in tariffs (FiTs)
Government announces total review of feed-in tariffs (FiTs) to halt funds being swallowed up by big business.
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(04/02/2011)
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Government has stated it will protect feed in tariff funds from commercial domination
The Government has stated it will protect feed in tariff funds from commercial domination, as the scheme is aimed at encouraging domestic investment.
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(11/01/2011)
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Ofgem reveals solar installations tripled in 2010 thanks to FIT
Since the introduction of the feed in tariff in April 2010 30.4MW of solar PV has been installed, tripling the amount of PV systems installed compared to the previous year.
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(15/12/2010)
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80% of farmers want Solar PV by 2013
A new survey reveals 80% of farmers are interested in investing in renewable energy by 2013, seeing the potential for maximising productivity of their farm by using large roofs for Solar PV, and benefiting from feed in tariffs.
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(15/12/2010)
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Could energy tariff changes cut the UK’s carbon emissions?
Discussions from the Committee on Climate Change suggests a changeable hourly rate for energy use could reduce demand on the grid during peak times, and help the UK achieve carbon emission reduction.
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(03/12/2010)
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Energy Minister meeting with PV industry asserts support remains amid uncertain future for FIT
Energy minister Greg Barker meets with PV industry to discuss the future of feed-in-tariffs, and assures DECC support in the face of reduced funding and fixed budget.
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(20/11/2010)
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RHI reduced by 20% in Spending Review
The Renewable Heat Incentive (RHI) scheduled to go ahead in 2011-12 with a 20% reduction in funds after October's Spending Review.
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(05/11/2010)
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Renewable Heat Incentive pushed back to June 2011
A change in roll out dates for the Renewable Heat Incentive scheme gives the DECC reason to review in the wake of October's Spending Review.
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(27/10/2010)
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Spending review leads to FIT refocus
The government's spending review has revealed FITs are to be 'refocused' on the most cost-effective technologies.
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(05/10/2010)
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Tories hint at protection for green spending
Wills Nichols from Business Green reports that Oliver Letwin signals feed-in tariff, green investment bank and renewable heat incentive should all survive Treasury axe
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(01/09/2010)
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BBC reports record rise in PV sales
The BBC has reported OFGEM statistics which show a record rise in the amount of domestic PV installations.
See here more more details.
See here more more details.
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(15/07/2010)
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Green Bank Unlikely To Happen
The Green Investment Bank, proposed by the last government is unlikely to materialise.
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(23/06/2010)
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Book of Green - "Green Industry Beats Recession"
Green Industry Beats Recession
Book of Green, the free eco living directory full of green and ethical businesses, confirms the strength and prosperity of the green sector.
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(04/06/2010)
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Investor Today report: PWC Tips PV for 3000% Growth
Investor Today has reported that growth in PV could grow five fold in 2010 as a result of feed-in tariffs.
However, even with this growth, the UK’s capacity in 2020 would only reach the levels already achieved by Germany today.
However, even with this growth, the UK’s capacity in 2020 would only reach the levels already achieved by Germany today.
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(03/06/2010)
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Prescient Power first in the UK to be trained on Solyndra
Prescient Power Ltd have become the first company in the UK to be trained on the unique Solyndra PV System
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(03/06/2010)
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Biomass set for renewable energy gold
KPMG's annual survey of global renewable energy mergers and acquisitions (M&A), entitled Powering Ahead: 2010, has pinpointed the hot spots for deal activity in 2010/11.
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(03/06/2010)
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German solar boom could continue
Plans to reduce Germany's feed in tariff could be delayed.
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(31/05/2010)
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Co-op commits £200m to renewable energy
The Co-operative Bank has announced it is committed to lending £200m of renewable energy finance in 2010.
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(31/05/2010)
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Government to pass bill increasing energy efficiency and renewables
25 May 2010
Prime Minister David Cameron’s government plans to pass legislation requiring British homes and businesses to use energy more efficiently and increase reliance on renewable power. The bill was outlined in the Queen's speech on 25 May.
Prime Minister David Cameron’s government plans to pass legislation requiring British homes and businesses to use energy more efficiently and increase reliance on renewable power. The bill was outlined in the Queen's speech on 25 May.
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(31/05/2010)
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Prescient Power Offers PV Discount to Local Ashby 2020 Supporters
As part of the Ashby 2020 sustainability initiative, Prescient Power are offering a discount on locally installed PV systems ordered before the end of June. Read on for more...
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(24/05/2010)
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Prescient Power wins contract with Northamptonshire County Council
Northamptonshire County Council have contracted for a number of solar power installations to improve public awareness of renewable technologies.
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(25/03/2010)
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Rural Carbon Challenge Fund announces £4m support for renewable energy projects in rural areas across the North West of England
The Rural Carbon Challenge Fund is a £4 Million initiative to support the delivery of renewable energy projects in rural areas across the North West of England.
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(25/03/2010)
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Radio 4 Costing the Earth - Feed in Tariffs Explained
Radio 4 broadcasts Costing the Earth documentary explaining the benefits of the new Feed in Tariff rates due in April 2010.
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(24/03/2010)
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2010 Budget announces plans for Green Bank
The government has announced plans to introduce a Green Bank....
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(02/03/2010)
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Prescient Power Establishes Ashby 2020
22 Feb 2010
Prescient Power Ltd have led the way in establishing an innovative community sustainability initiative called Ashby 2020
Prescient Power Ltd have led the way in establishing an innovative community sustainability initiative called Ashby 2020
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(02/03/2010)
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Warm Homes, Greener Homes Strategy Announced
The Department of Energy and climate change have announced a new strategy to support people who want to become more sustainable in their homes.
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(22/02/2010)
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Cancellation of Low Carbon Buildings Programme funding
5 Feb 2010
Early closure of LCBP 1&2 funding has been a shock to clients, but they are reassured that the higher feed in tariff will compensate
Early closure of LCBP 1&2 funding has been a shock to clients, but they are reassured that the higher feed in tariff will compensate
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