The UK's renewable energy sector received a £100m rise in government subsidies in 2014, after Energy Secretary Ed Davey increased the budget to £300m, in a bid to grow the industry.

However, speaking to IBTimes UK, Mytrah Energy's executive vice president Bob Smith revealed how subsidies is actually distorting Britain's energy complex and is damaging the renewable energy sector's ability to competitively go up against the oil, gas, electricity.

Headquartered in London, the Mytrah Group has an India-focused subsidiary, which directly competes with incumbent energy sources, without the need to claim subsidies.

Smith says Britain could learn from the market dynamic in India, if it plans to foster a sustainable and competitive renewable energy market.

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