Solar PV Feed In Tarrif Changes And Predictions

Predictions 50kW Band The max deployment for the 50kW+ non-standalone band has now been set at 32.5MWp for a…

50kW Band

The max deployment for the 50kW+ non-standalone band has now been set at 32.5MWp for a quarter despite 11.8MWp registered in January 2015 alone. It is likely that the industry will exceed the new maximum, triggering another 3.5% FIT reduction on the 1st July. Many are speculating that it is not impossible that the 65MWp level will be reached resulting in a 7% FIT reduction for the 50kWp+ band on the 1st July.

0-10kW Bands

Only 21MWp of domestic installs were registered in January 2015 but if you account for a rise in installations this February, and then the expected pre FIT installation rise expected in March, it would seem likely that the 100MWp level will once again be reached in Q1 for the 0-10KWp band. This scenario would result in the 3rd 3.5% quarterly reduction for domestic installations in a row.