U.K. Reduces Solar Subsidies Less Than Proposed After Appeal
- Smallest PV installations face 65% cut rather than 87%
- Proposals may cost 18,700 jobs in solar industry: government
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The U.K. said it will cut solar subsidies by less than previously proposed after the industry shed thousands of jobs and appealed for less draconian measures to wean developers off government support.
The government also raised proposed deployment caps to allow for more installations between now and 2019, according to documents posted Thursday on the Department of Energy and Climate Change website. Even with the improved conditions, the department said thousands of jobs may be lost in the industry.