The market of solar panels in the United Kingdom

Аннотация

The aim of this paper is to provide a ‘current picture’ of renewable energy markets in the UK focusing on the market of solar panels. This issue is vital for engineering manufacturing companies to provide some recommendations for their solar investment depending on the future potential market demand, identify their competitors and initial customers and financially demonstrate the effect of the market on their investment. The study is supposed to help in making a decision whether to move forward with further investment into solar installation or not. Throughout this paper, the term PV (photovoltaics) will refer to the technology for solar energy conversion to electricity.