Solar Photovoltaics (PV) are now, to most, a well-known and widely deployed technology. Installed on roofs, land, car parks and even reservoirs across the world, this energy generation technology is already proving its worth and, in 2021, generated 4% of the UK’s electricity.
Net Zero targets for cities, local government and regions of the UK all rely on the continuing deployment of solar PV. The technology is important to help decarbonise the UK’s electricity grid at scale and deliver the projected reductions in carbon intensity. Solar PV is also being connected directly into buildings’ electricity supplies by businesses, councils and homes to reduce the use of grid electricity in favour of self-generated renewables. In both cases, getting PV installed so that the benefits can start to be realised for the 25+ years of operation is key for the UK to meet its net zero commitments. My focus here will be on building connected solar PV, most often in rooftop form.
Financially, this technology has made sense for years, with payback improved by replacing grid electricity with a high cost. Given the increase in energy costs today, this should help PV’s case even more over the short term. It is the upfront cost of the installation, whether through funding or existing capital, which can stop a project before it has started. Thought needs to be given to this as early as possible in project so that financing can be lined up in time for the early stages of a project, not just in time for the procurement of the installation.
While solar PV is often thought of as not being suitable for large installation in cities with high rise buildings and shading impacting their feasibility, in reality the city area is much wider and offers numerous possibilities. Opportunities arise on schools and leisure facilities, light industrial or logistics units and larger, low-rise offices.