Solar industry expert Jeremy Leggett anticipates the UK solar photovoltaic (PV) market will see solid growth in light of the introduction of the new feed-in tariffs (FITs) that hit the scene on April 1.
“The UK solar revolution is underway. Since the government announced the financial incentives we have seen very strong interest in PV products from homeowners and commercial operators. The FIT is a market-building mechanism. It is designed to create sufficient demand for PV systems to trigger two benefits: first, falling cost and price of solar electricity, and second, growth of a proper UK-based solar PV industry. With the right supply chain in place, I believe that we can achieve grid parity – where solar power in homes will cost no more than conventional electricity – as soon as 2013,” Leggett said.
Legget will be speaking at Solarplaza’s UK PV Conference to be held in London on June 22.
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