R&D in Solar Power
R&D can help a solar power company develop new and innovative solar technologies, such as advanced photovoltaic (PV) cells or improved solar panel designs. This could lead to more efficient solar systems that can generate more electricity, even in low-light conditions.
R&D can help a solar power company find new ways to reduce the cost of solar panels and other components.
This could include developing new manufacturing processes or materials that are less expensive or more readily available.
R&D can help a solar power company develop new energy storage technologies, such as advanced batteries or other energy storage systems, that can store excess solar energy for later use. This can help increase the reliability of solar power systems and make them more practical for use in areas with variable weather conditions.
R&D can help a solar power company develop new technologies and systems for integrating solar power with other energy sources, such as wind or geothermal.
This can help create more efficient and reliable renewable energy systems that can provide power even when solar energy is not available.
R&D can help a solar power company develop new monitoring and control systems that can improve the performance of solar power systems.
This can include developing new sensors and software tools that can detect and diagnose performance issues, as well as developing new algorithms for optimizing solar panel orientation and other system settings.
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Has your company engaged in this type of activity in the past?
If you believe your solar power company could benefit from R&D tax relief, please do not hesitate to contact us today.
Our team of experts is here to help you navigate the complexities of research and development tax relief and ensure that you receive the maximum benefit for your innovative work.
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R&D Tax Relief
From initial discovery call and information gathering through to claim preparation, supporting documentation and submission. We're your expert partner in R&D tax relief submissions.
For larger companies we can support claim preparations under the RDEC (Research & Development Expenditure Credit) scheme, ensuring robust, defensible and maximised claims .
HMRC Enquiry Support
We'll liaise with HMRC on your behalf, ensuring no unnecessary delays on receiving your claim and no unfair reductions. This service is provided as standard for our clients.
R&D Claim Review
If you're making an R&D tax relief claim, our team can help ensure you're compliant with the latest legislation and identify any potential claim uplift. Speak to our team for more information.
If you work with innovative businesses and you're interested in partnering with us to ensure your clients are maximising their R&D tax relief, speak to our partner program lead.