Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, what financial support the Government is providing to small and medium-sized businesses in the renewables sector.
The UK is a world leader in clean growth and much of the UK’s renewable electricity sector is comprised of small and medium sized businesses. Small and medium-sized businesses in the renewables sector benefit from a range of support delivered as a result of Government policies, for example through the contracts for difference, the feed in tariff and the renewable heat incentive policies. In addition, the Government is investing £2.5 billion to support low carbon innovation in the UK between 2015 and 2021 and are making clean growth a priority of the Industrial Strategy Challenge Fund.