Why Enter the UK Solar PV Market

Political framework, with variety of support mechanisms including Feed-in Tariff (FiT) payments for smaller scale solar PV and Renewables Obligation Certificates (ROCs)
Growth of solar PV across all segments, including commercial, industrial and ground-mount solar parks, in addition to a robust residential segment
Large installed solar PV base, with over 12 GW of cumulative solar PV capacity installed at the end of March 2016 and potential for over 20GW by 2020
An established supply chain, which has continued to evolve despite challenging market conditions; installers, developers and project engineering firms form the backbone of the UK solar PV industry
Attractive returns on investment: current FiT rates enable returns of about 5%
Robust regulatory environment
Strong currency
Fast-emerging energy storage and EV charging sectors, which are complementary to solar PV
Strength in R&D and innovation in several strategic areas including organic/printed photovoltaics and energy storage
Enthusiasm amongst the public for solar PV, especially community and residential solar
Rising energy prices in the UK, so that in the next few years solar PV will reach grid parity
The UK provides attractive conditions for setting up businesses, with access to a flexible and skilled workforce