12.10.17 UK clings on to top ten position for renewable investment attractiveness

Posted on October 12, 2017
Archive : October 2017
Category : Energy News

The UK held on to tenth place in the bi-annual Renewable Energy Country Attractiveness Index again, mainly due to the recent opening of the country's first solar farm which was built without any funding from the government and is set to pave the way for more subsidy free developments. The landmark 45-acre site in Bedfordshire has more than 30,000 solar panels can generate electricity for some 2,500 homes. In addition, the price of offshore wind power has halved here and is now cheaper than nuclear (sorry Hinckley). These are just two of the many developments which highlight the attractiveness of UK renewables for investors. China remains number one in the index with the US second.