Firms ‘missing out’ on renewables cash

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TRADE body Scottish Renewables has warned that businesses are “missing out” on chances to make money from alternative energy.

In the past year, 95 per cent of all feed-in-tariff registrations for small wind turbines, solar panels and hydro schemes were made by home owners compared to just 3.6 per cent made by businesses. Daniel Borisewitz, policy manager at Scottish Renewables, said: “Businesses are missing out on a huge opportunity to not only produce their own electricity but also receive up to 8 per cent return on their investment.”