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UK Green Energy Investment ‘Falls 56%’ as subsidies retreat

Green energy investments fell 56% in 2017 on the back of government policy changes ending onshore wind and solar subsidies, according to a report from law firm TLT.

The ‘Clean Energy Investment Trends 2018’ report said that despite the policy change investment interest in UK renewables remains strong as the market adapts to a post-subsidy world.

Diversification of portfolios was a growing trend last year, it added, with a 33% rise in offshore wind deals and increasing interest in alternative technologies, such as energy storage.

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