London Community Energy Fund
To help get community projects off the ground, Sadiq Khan, has created the London Community Energy Fund.
The first phase of the London Community Energy Fund will support the development of community solar energy projects (solar photovoltaics and solar thermal). The Mayor’s draft Solar Action Plan outlines his approach to putting London on track to achieving 2 gigawatts (GW) of installed solar capacity by 2050. This will make an important contribution to his zero carbon London target and his target for decentralised energy.
The London Community Energy Fund 2017/18 will offer grants of up to £15,000. This can be used to support the development stages of community solar projects (including storage technologies). Funding could be used, for example, to carry out preliminary viability studies for solar energy or develop a financial business case. We want to fund work required to get a community energy project ‘investor ready’, that means ready to be financed.
Applications are open until FRIDAY 24th NOVEMBER 2017 at 5pm.
Prospectus and Application Form can be found through the link below.