News

Blog Archives

Next week’s Budget is likely to deal a further blow to Government promises to create jobs and tackle soaring fuel bills by building a clean economy and safeguarding our environment, Friends of the Earth warned today (Friday 16 March 2012).

The environment charity is urging the Prime Minister, who promised to lead the “greenest Government ever”, to ensure George Osborne keeps his pre-election pledge for “the Conservative Treasury to be in the lead of developing the low carbon economy and financing a green recovery”.

There are growing concerns that next week’s Budget will lead to:

• Little action on developing a clean, low-carbon economy
o The UK’s dependency on expensive fossil fuel imports has led to rocketing fuel bills. Developing the UK’s vast wind, wave and solar potential would create thousands of jobs and boost our energy security. But George Osborne has shown little enthusiasm for getting the UK off the fossil fuel hook – and recently inaccurately claimed that moves to boost a clean economy are responsible for driving up energy bills.

• A reduction in safeguards for wildlife and the countryside
o The results of Government reviews of planning and environmental regulations are expected to be announced alongside the Budget. This could pave the way for more building in the countryside and less protection for our wildlife. George Osborne recently told MPs he wanted to make sure that “gold plating of EU rules on things like habitats” were not putting “ridiculous costs” on firms – despite little, if any, evidence to back up this claim.

Friends of the Earth’s Policy and Campaigns Director Craig Bennett said:

“In opposition the Chancellor pledged to lead the fight to create new jobs and tackle soaring fuel bills – and keeping his promise to develop a clean future is the best way to fix our broken economy.

“We must free ourselves from the shackles of our reliance on costly fossil fuels by switching to clean British energy, which is the only way to give us affordable power in the long term.

“David Cameron’s silence on this issue is deafening – he must remind his Chancellor that the best way to build a strong economy is to build a clean economy.”

Responding to George Osborne’s stated intention to “make sure that gold plating of EU rules on things like Habitats aren’t placing ridiculous costs on British businesses”, Craig Bennett added:

“There are many reasons why the economy is struggling, but measures to protect our precious wildlife sites are not one of them.”

Commenting on news that services company Carillion has told 4,500 staff that their jobs are at risk following plans to halve subsidies on solar power, Friends of the Earth’s Energy Campaigner Donna Hume warned:

“This is just the tip of the iceberg – if Ministers push ahead with plans to slash solar subsidies tens of thousands of jobs could be lost.

“A fraction of the cash the Chancellor set aside this week for more roads and dirty energy would throw a lifeline to the solar industry and the thousands of skilled workers currently facing unempolyment.

“The solar industry has a crucial role in reducing the nation’s dependency on expensive fossil fuels and developing the clean future David Cameron has repeatedly promised – Ministers must abandon plans to pull the plug on it.”

The UK is in the midst of a race to install solar PV on its roof-tops from domestic dwellings to schools, hospitals, council buildings and agricultural sheds.  All this is being driven by the Feed- In-Tariff (“FIT”) that has been put in place since April 2010 by the UK Government, to support renewable energy generators to invest in technology such as solar PV.  The FIT provides an index-linked subsidy for power generated for 25 years, providing an ideal investment asset for pension funds and long-term investors.

Whilst roof-top solar no doubt has its place, an innovative company based in Scotland and Somerset, SolParks, has looked further afield and brought another variant of solar PV to the UK market – the solar car canopy.

The solar canopy is a structure built over a car parking space with solar PV panels mounted on its top. The canopies bring a number of direct user benefits such as shelter in poor weather, keeps cars shaded from the heat of the sun and can add further to user amenity, by adding in electric vehicle charging points (powered by renewable power, rather than mains) and using LED lighting under the canopies, which can be sensor operated, rather than large street lighting, to provide bright, safe car parking.

The power generated by the solar PV can be supplied direct to the car park owner, or can be supplied to the national grid.

The environmental and user benefits are obvious but also extend to easing legal issues between landlord and solar PV operator.

Elliot Roe of Solparks says “we researched the market for more innovative solutions for solar PV and found car park canopies in both France and USA, where the markets are far larger.   The benefits in the UK are obvious as well and we are innovating even further by using the FITs to enhance the financial benefits for users.”

Solparks is looking for installations of 12 car parking spaces up to 100.   Roe goes on to say “we can provide the installation to a site owner without any cost to them.  We undertake the planning consent, construction works, grid connection and pay for the canopies and solar PV.  The user in return receives discounted power and gains the benefits for their car park users.   The power they can’t use on site is exported to the grid.”

Using the power generated from solar PV on site can save the landowner power costs and can provide a valuable hedge against the threat of rising electricity prices. It also sends a strong, visible, message to customers about green credentials.

Roe says “ we are happy to work with any size of car park owner; however, an ideal customer would be one with multiple car parks. That way the customer achieves wide spread benefit, and the amount of power generated becomes a meaningful contribution to reducing their power bills.”

Solparks feels its solution offers much more simplicity for building owners.  The solar PV doesn’t compromise the core building, no structural surveys or reinforcements are needed and we can also accommodate re-development much more readily.

So why, given all these advantages, is the product limited to 100 spaces in any one location ?  Roe comments that “the changes in the FIT from 1 August make it very difficult, with the FIT alone, to achieve the sorts of levels of returns that are needed to fund a roll-out on a larger scale.  There are other commercial solutions that could be looked at to achieve much larger deployments however and we would be delighted to hear from any potential Solparks customer”

Solparks provides a fully turn-key service to those wanting to purchase rather than lease.  The service includes planning, grid connection, Ofgem accreditation, procurement of all materials and onsite installation. Solparks can also provide an ongoing operation, maintenance, monitoring and reporting service.

The Solparks product comes with a full 25 year warranty over the steel and PV installations plus a 2 year workmanship warranty.

And what of electric vehicle transportation ?    Solparks believes solar car parking can play a large role in the infrastructure needed for electric vehicles – both cars and scooters.    Roe says “adding charging points below the canopies, powered by the sun, is an easy next step and can provide further amenity to customers”.

Given the benefits, we expect to see many Solparks installations starting to appear, and provides large car park owners with another potential revenue stream from an asset that they already own.

For more information email elliot@solarfeedintariff.co.uk

WANT TO TAKE ADVANTAGE OF THE UK GOVERNMENT FEED-IN-TARIFF?

Individuals can purchase installed PV systems on UK commercial rooftops that are already generating income.

10%+ YIELDS IN YEAR 1

These systems are already generating income at known irradiation levels and government feed-in-tariffs, giving a minimum of 10% net yield per annum.

INCOME WILL INCREASE WITH INFLATION

In the UK, the government’s feed-in-tariff increases in line with the Retail Price Index. In 2011 that figure is 4.7%, however in forecasts we use an average of 3%. At that rate the Year 25 asset yield would be 16.5% per annum.

CHOOSE YOUR SIZE & LOCATION FROM £15K

Installations are already in place and connected on commercial rooftops, residential rooftops and farm land. Choose your preferred location and sites range from up to 4kW, 10kW and 50kW.

OUTRIGHT OWNERSHIP

Purchasers acquire outright ownership of the installed PV equipment and the connection and income rights for the system via the 25 year UK feed in tariff.

FIRST TWO YEARS MAINTENANCE & MONITORING FREE

The EPC developer offers immediate peace of mind to the investor by providing the first 2 years operation, maintenance, and management included.

TAX EFFICIENT ‘CAPITAL ROLLOVER RELIEF’

Depending on your situation, you may be able to claim ‘capital rollover relief’ against the total amount invested. Speak with your tax advisor.

CLICK HERE TO ENQUIRE NOW