A new update in the number of solar PV installations of the week ending 3rd June 2012 all over the UK has just been published by the Department of Energy and Climate Change (DECC), revealing some good news for the solar market: last week numbers show solar installations have increased around a 35% in comparison to the solar PV installations of the first weeks of April – when the 21p Feed-in Tariffs started -, and around a 20% in comparison to the beginning of May. This week’s figures are still lower than the last ones, but are expected to be the same as last week’s or even higher, as these results are still provisional1.
The initial installation numbers given for the last week (from 28th May to 3rd May 2012) stands at 2,280 installations in this week compared to 2,254 for the week ending 27th May 2012. The total solar panels installations on the MCS is now 325,345 up from 323,065 (week ending 27th May 2012), and the total capacity installed increased by 8MW, to stand at 1.1GW (week ending 3rd June 2012).
Although new Feed-in Tariffs starting on August 2012 are likely to give just a little bit less or even the same benefit as the current 21p FITs, the truth is a new boom in solar PV installations is expected to happen in the next two months, followed by another bust after the 16p FIT starts.
Will our predictions come true? More info next week!
Updated 13th June 2012