News Article
UK PV Market Showing Signs Of Recovery
Recently released DECC figures indicate that the solar PV sector is gradually recovering from its recent market stagnation. The trend since the end of April is a steady weekly increase in deployment of around 620kW, as shown in the graph below. Although the graph appears to drop off at latest data point, this is expected to be revised upwards next week, owing to a lag in data collection.
Chief Executive of the Solar Trade Association Paul Barwell commented, "We have been monitoring deployment very carefully. We're now fairly confident that the UK PV market is on the road to recovery. This steady climb in deployment is a sign of a stable and sustainable future for the UK PV sector. Consumers are getting the message that returns are as good as ever and the Feed-in Tariff is finally stable."
STA PV Specialist Ray Noble added, "The previous peaks and troughs were of course not sustainable. The feedback we are getting from industry is that deployment will continue to rise. We need to increase present deployment to a steady rate of 21MWp/week in order to achieve the Government's expected annual deployment of 800-1,000MWp."
