Law360, New York (October 04, 2012, 1:43 PM ET) -- Given the British government’s recent periodical decreases in the levels of feed-in tariff (FIT) support for solar photovoltaic (PV) projects, the announcement that it is also consulting in reductions in renewables obligation support will not come as a surprise.
It will, however, remove the plan b that many solar plant developers had been relying upon. In addition, given the potential fallout from the investigations into dumping of solar panels by Chinese companies, the changes may signal a period of reduced returns for the solar industry....