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London solar scheme focusses on Brixton estate |
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24 Jun 2013, 8:19 AM
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A not-for-profit organisation which installs solar panels on council estates in south London aims to raise £67,000 for its third project. Repowering South London wants to raise the cash from local investors, including residents, to install the panels on four buildings in the Roupell Park Estate in Brixton.
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The organisation has previously installed panels on other council buildings in Lambeth, and in addition to the solar generating capacity, seven young people from the estate will be able to undertake paid work experience placements on the project.
Each share in the project, called Brixton Energy Solar 3, is worth £1. The minimum investment for residents is £50 and £250 for other investors. The share offer closes on 14 July when the solar panels are connected to the National Grid.
Imogen Walker, cabinet member for environment and sustainability at Lambeth Council, said the panels would cut service charges for residents. She said: ‘This third solar project in Brixton will bring multiple benefits for people living on the estate, and I’m pleased to be supporting such a ground-breaking project.
‘Providing work experience opportunities for young people so they can gain the valuable skills they need in today’s challenging job market, is paramount, especially in a borough experiencing high youth unemployment. It’s also significant that the panels will cut service charges for estate residents.’
Edward Davey, secretary of state for energy and climate change, said: ‘Community energy isn’t just about energy generation. It’s about communities taking the opportunity to protect themselves from rising fuel costs, reduce emissions and help local young people in the community boost their skills and experience.
‘I was delighted to see first-hand the fantastic Brixton Energy Solar project. I want to see a community energy revolution, where projects like this spring up across the country. That’s why I’ve called for evidence on what needs to be done to get more of them. I wish Brixton Energy Solar 3 the very best of luck in their recently launched share offer and every success for the future.’
Credits:: Chloe Stothart - Inside Housing
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