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UK solar plants boom ahead of subsidies cut

LONDON (Reuters) - The number of solar panel installations in Britain doubled in less than two months until December to 230,000 projects, government data showed, as developers scrambled to benefit from higher state subsidies ahead of a 50 percent cut.

LONDON (Reuters) - The number of solar panel installations in Britain doubled in less than two months until December to 230,000 projects, government data showed, as developers scrambled to benefit from higher state subsidies ahead of a 50 percent cut.

Solar projects of up to 4 kilowatts (kW) installed on or after December 12 face a 52 percent drop in renewable energy subsidies to 21 pence per kilowatt-hour from April 1, 2012.

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