“The Brexit is a shock to the whole world, and its ripples will be felt for years to come. In terms of solar policy in Europe the impact could be limited, as the UK was already in the process of winding down its support mechanisms”, SolarPower Europe president Watson says. The only question would be whether the current set up would be maintained in the UK or whether a new Prime Minister might seek to promote or further reduce support for solar. This is, as of yet, very hard to predict
Watson: more ambitious RES targets without brakeman UK
“For the rest of Europe we could see more positive action on renewable energy as the UK was a key part in the group of nations resisting more EU lead targets relating to renewable energy for 2030”, Watson told pv Europe. “It will be interesting to see whether the remaining 27 now move forward with a higher RES target for 2030 than the 27 percent agreed before COP21."
Körnig: deteriorated funding conditions
Carsten Körnig, CEO of BSW-Solar told pv Europe: “It is not yet clear how the proposed referendum on the UK membership of the European Union will have lasting impacts on the trade relations of our member companies. We regret that already in recent weeks declining photovoltaic investments in the UK are to be observed. They are a result of deteriorated national funding conditions.” (HCN).
Check other current estimations of the Brexit vote: http://www.pveurope.eu/News/Markets-Money/Jinko-Solar-Due-to-the-Brexit-vote-many-UK-projects-are-not-economically-viable-anymore
