Over the next few months, our market research team will be hosting key events in the UK, explaining what the solar landscape in the UK will look like out to 2030, including factors that are driving growth forecasts and issues related to the supply of key components. UK solar demand is part of a major
Households with electric vehicles (EV) and heat pumps are now saving £1,180 compared to those with petrol cars and gas heating. With inflation at its highest rate in 40 years, it is becoming increasingly cheaper to run an ‘Electric household,’ according to new research from the Energy and Climate Intelligence Unit (ECIU). Inflation hit 9.1%
Boom clouded by supply chain disruption, a fragmented industry as well as ethical issues “It’s hot,” says Steve Springett, a director of the renewable energy brand Egg, cheerily assessing the solar market. “There’s two key factors: people are understanding the environmental benefits of it better, and energy is really, really expensive at the moment.” Consumer
Global increases in the cost of materials, freight, fuel and labor have set prices for new-build wind and solar back to where they were in 2019, according to a new report from BloombergNEF – but the setback for renewables is temporary, while for fossil fuels the cost gap continues to widen. The BloombergNEF report,
The impact of rising energy bills is continuing to be documented, with the number of households finding it challenging to pay rising as interest in energy efficiency also increases. Over four in ten (46%) adults who pay energy bills in Great Britain are finding it very or somewhat difficult to afford their energy bills,
PVEL stands for PV Evolution Labs. Their speciality is torturing solar panels to determine how tough they are. Every year they publish a report that separates Top Performing panels from those they don’t call Top Performing. This year was no different — except in the ways it wasn’t the same. This time, instead of
VAT on residential solar panels has been cut to zero in the Spring Statement, unveiled today (23 March) by Chancellor Rishi Sunak. The cut to VAT for the next five years covers energy saving materials and installation of technologies including solar panels, heat pumps and roof insulation, which currently have a rate of 5%. A household
VAT on energy efficiency measures are to be cut to 0%, Chancellor Rishi Sunak has announced as part of his Spring Statement. Speaking in the House of Commons this afternoon (23 March), the Chancellor unveiled his mini-budget amidst the energy and cost of living crisis. The cut to VAT on solar panels, heating pumps and
A few words about how we at Circular Energy Storage experienced the market in 2021 and what we will look for in 2022. When battery recyclers buy scrap lithium-ion batteries, or black mass, the not so specific intermediary powder from crushed cells, the prices are usually set as a percentage of the price at
Demand is growing as more of us work from home. But does the £5,000 outlay for installation pay off? With energy bills on their way up again from April, homeowners are looking skywards to try and ease the pressure on their budgets – by installing solar panels. The latest change to the regulator’s cap on