Britain launches first solar power farm, on Tuesday, that is to operate without a government subsidy in eastern England.
Britain is investing in new energy capacity to replace aging coal and nuclear plants that are due to close in the 2020s but it is also trying to reduce subsidies on renewable power generation.
Minister for Climate Change and Industry, Claire Perry, said: “The cost of solar panels and batteries has fallen dramatically over the past few years.
“This first subsidy-free development at Clayhill is a significant moment for clean energy in the UK.”
The 10 megawatt (MW) solar farm, in Clayhill, Bedfordshire, can generate enough electricity to power around 2,500 homes and also has a 6 MW battery storage facility on site.
In an effort to curb spiralling renewable subsidy costs the government has moved to scrap new subsidies for solar projects and onshore wind over the past few years.
The Chairman of the Clayhill project’s developer, clean tech firm Anesco, Steve Shine, also added that the project “proves that the government’s decision to withdraw subsidies doesn’t have to signal the end of solar as a commercially viable technology.”
Falling costs have seen solar power capacity soar in Britain to around 12 gigawatts (GW), from around 2 GW five years ago, and on one sunny day in May this year solar hit a record, providing almost 25 percent of the country’s electricity.
Britain has a target to meet 15 percent of its energy needs from renewable sources by 2020, up from 8 percent in 2015.
The country’s renewable subsidy auction for offshore wind hit a record low earlier this month, falling well below the cost of subsidies promised to French utility EDF to build the Hinkley Point C nuclear power plant.