Orrick and Clean Energy Pipeline have launched a series of reports dedicated to exploring investment opportunities and challenges in the global renewable energy sector. In the first issue, we analysed the exciting investment opportunities arising from the US Department of Defense's (DoD) major renewable energy procurement initiatives.
In this issue, we explore the evolving dynamics of the UK solar market as the industry moves towards the end of the Renewables Obligation (RO) subsidy regime for utility scale projects (>5 MW) in April 2015. It also explores the investment viability of the contract-for-difference (CfD) subsidy mechanism, which will replace the RO from April 2015.
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