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Building Energy Efficiency and Sustainability
News Release from: Energy Saving Trust (EST) | Subject: Solar Energy Funding
Edited by the Buildingtalk Editorial
Team on 23 September 2004
Energy Saving Trust Welcomes Solar
Energy Funding
£6 million of new Government funding for solar PV energy projects has been announced by the new Energy Minister, Mike O'Brien MP.
New budget supports three further funding rounds for medium to large scale installations in 2005/06 Housing developments, educational establishments and commercial buildings are among those set to benefit from £6 million of new Government funding for solar PV energy projects announced by the new Energy Minister, Mike O'Brien MP The additional funding will make grants of between 40% and 50% for solar electric installations
This article was originally published on Buildingtalk on 18 Jul 2003 at 8.00am (UK)
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The funding will enable a further three funding rounds under the first phase of the DTI Photovoltaics Demonstration Programme in 2005/06.
This brings the total funding for solar projects under the Programme to £31 million and comes on the back of Tony Blair's recent recognition of the growing interest and investment in solar power taking place in the UK and across Europe.
Philip Sellwood, Chief Executive of EST, welcomed news of the Government's continued commitment to solar energy.
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"There can be no doubt that the role solar PV can play in generating clean, sustainable energy in the UK is increasing.
During the three years that the solar grant programme has been running, we have already significant increase in the number of solar installations with significant investments made throughout the industry supply chain." Sellwood continued: "EST is particularly keen to hear from architects, engineers and developers, who are best placed to take a lead in constructing excellence." This has resulted in a new manufacturing plant and significant growth in the design and installation sectors where it has met this increase in demand for the technology.
Substantial reductions in the cost of PV are already evident since the start of the programme and the new funding looks set to reduce costs even further.
Projects that have benefited from previous grants include the UK's largest office development of its kind at Spitalfields Bishops Square, which received £180,000 and a project of 14 low energy houses in Cambridgeshire with a grant of £68,000.
Other successful bidders include Middlesbrough Football Club and the Eden Project in Cornwall.
Photovoltaic systems are non-polluting energy sources, which generate electricity from the free and inexhaustible energy from the sun.
Even on cloudy days, energy can still be generated.
For every year a typical household system operates, one tonne of carbon dioxide emissions is saved.
Each installation contributes to the Government's aim of generating 10 per cent of the UK's electricity needs from renewable sources by 2010.
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