Dark Days Ahead For UK’s Solar Industry

By Michael McDonald Solar power in Britain has been comfortably subsidized for years now, allowing it grow substantially in a short amount of time. Last year, the subsidies stopped. Now, the government plans to enact further change with a new tax policy. 44,000 solar rooftop panels, previously exempt from business taxes, will now face a wall of expenses as the government finally takes its share of profits. This does not bode well for the UK’s solar industry, which seems to be extremely sensitive to governmental policy changes – when subsidies were cut…

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