Britain opens first subsidy-free solar power farm
Reuters: Britain’s first solar power farm to operate without a government subsidy is due to open in eastern England on Tuesday, as a sharp fall in costs has made renewable energy much more economical.
Britain needs to invest in new energy capacity to replace aging coal and nuclear plants that are due to close in the 2020s. But it is also trying to reduce subsidies on renewable power generation.
“The cost of solar panels and batteries has fallen dramatically over the past few years, and this first subsidy-free development at Clayhill is a significant moment for clean energy in the UK,” Claire Perry, minister for Climate Change and Industry said.
The 10 megawatt (MW) solar farm, in Clayhill, Bedfordshire, can generate enough electricity to power around 2,500 homes and also has a 6 MW battery storage facility on site.
In an effort to curb spiraling renewable subsidy costs the government has moved to scrap new subsidies for solar projects and onshore wind over the past few years. Full Article:
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