Solar4Schools Completes 50th PV Installation
We’ve reported on the UK-based Solar4Schools initiative before. In fact we were so excited about it that we covered it twice. Watching it develop, it certainly seems like our excitement was well-founded - the program has just completed its 50th installation, putting in a 4Kwp system at Cherry Orchard Primary school in South London which will create enough electricity to power a typical 3 bedroom home. This particular installation was fully funded, with money coming from the government and from the Co-op supermarket chain. But while corporate funding for schools remains available only for a limited number of installations, Solarcentury is also working on innovative financing options to allow all schools to take advantage of government grants:
Solarcentury is collaborating with Quartz to provide an affordable financing option. Without any capital outlay, a 4kWp system with a 50% grant can be purchased over three years for just £977.66 a quarter, or £650.12 a quarter over five years. Financing from Quartz on Solarcentury installations is also availble to schools not eligible for Department of Trade and Industry grants.
::Solarcentury::via site visit::