PARLIAMENTARY WRITTEN QUESTION
Solar Power: Innovation (16 January 2020)
Question Asked
Asked by:
Kevin Hollinrake (Conservative)
Answer
UK Research and Innovation (UKRI) provides grant funding to innovative businesses in many different ways, including Innovate UK‘s SMART grants, which deliver ambitious R&D innovations that can make a significant impact on the UK economy.
Through the Clean Growth Strategy, BEIS has committed £900 million of public funds to innovation, which includes £177 million to further reduce the cost of renewables.
We are also investing over £3 billion to support low carbon innovation in the UK up to 2021, to ensure that the UK continues to reap the benefits from the transition to a low carbon economy.
Answered by:
Kwasi Kwarteng (Conservative)
23 January 2020
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