Budget Briefing; Solar Power & Storage

 

The STA has produced a short briefing ahead of the Budget, setting out current deployment and our key asks of the 2017 Autumn Budget.

This​ budget is particularly important for the solar industry because Treasury policies are now key to securing a sustainable recovery in the solar sector, where deployment has fallen by 85% this year compared to 2015. We are looking to Treasury to establish a level playing field for solar power with other technologies, including fossil fuels, on tax treatment and market access. If deployment rates returned to those of a few years ago, an extra 10GW of solar could be installed in the UK and that would mean up to £8 billion in investment to the UK economy.

Download the full briefing below