The UK is a global leader in renewable and green energy, making it an attractive destination for entrepreneurs looking to launch a business in this sector. Nearly 40% of the electrical output in the UK roots from renewables. The UK government’s commitment to reducing carbon emissions and investing in sustainable energy solutions creates a favorable environment for renewable energy startups. The compound annual growth rate (CAGR) for the renewable energy sector in the UK is expected to be approximately 7-8% from 2020 to 2024. If you’re a foreign entrepreneur, here’s an overview of the steps involved in starting a renewable energy business in the UK, with insights into the market and immigration considerations.
