Saturday, October 16, 2010
Knight Frank: Solar PV offers unrivalled investment opportunity
Solar photovoltaic (PV) technology offers consumers an unrivalled investment opportunity, Knight Frank has said.
The estate agent predicts - so long as the government's spending review does not reduce the feed-in tariff – that there will be a major uptake of the renewable energy technology.
Under the scheme, landowners can generate up to £260,000 a year on a six-acre PV plot.
Oliver Routledge from Knight Franks' Renewable Energy Team commented: "We are seeing a huge amount of interest in all types of renewable energy at the moment, but PV is proving especially popular with landowners and investors."
Consumers in the UK can earn 41.3p/kWh of the energy generated that is sold back to the grid over the next 25 years.
Mr Routledge added: "Renewable energy projects and their associated support at the national, European and international level, represent an unrivalled investment opportunity for landowners, both rural and commercial, to diversify income streams from their property."
He noted that the UK generates six per cent of electricity from renewables, but the government aims to achieve 15.4 per cent by 2016, highlighting the potential investment.
For more information please see: Knight Frank press release
View the original article here
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