The UK has now overtaken Germany to be the third largest utility-scale solar market, according to Wiki-Solar.
The UK beat the renewable obligation deadline on 1st April 2015 by connecting nearly 1.5GW of capacity to the grid. Wiki-Solar states that Lightsource Renewable was at the heart of the success as they installed 700MW of capacity in Q1 2015.
Lightsource CEO, Nick Boyle said: “The UK has an extremely competitive ground-mount solar market and we are delighted to be amongst those at the forefront – we installed more than 300MWp in March alone. I still believe there is huge untapped potential”.
The utility-scale capacity of the world’s top ten countries is as follows:
Nick Boyle acknowledged the challenge for his business by stating: “The loss of secure tariff for sites larger than 5MW is challenging from a business perspective. Deployment of large-scale solar projects will undoubtedly feel the effects of the contract for difference (CFD) regime in its current form. Some changes should be made to the support mechanisms if solar is to continue on the path to become the cheapest form of electricity generation.”Commenting on the figures, Wiki-Solar’s Philip Wolfe said: “We may yet be understating the current figures. When the UK energy regulator catches up with the backlog of station registrations, we may find that even more projects have been connected than are currently shown in our database as having been commissioned.”