23 Feb '12, 7am

UK’s 1st Employee-Owned Solar Power Plant Installed

UK’s 1st Employee-Owned Solar Power Plant Installed

The Eden Project has now completed the first known employee-owned solar power plant in the UK, a 50-kilowatt PV array that includes 200 solar panels. Familiar with the Eden Project? I wasn’t either…. The Eden Project is apparently an educational charity in Cornwall in the UK, and a pretty cool-looking one at that. Here’s a video of the Eden Project if you want to learn more about that before getting on with the news: “Ebico, the Witney-based social enterprise that is the UK’s only not-for-profit electricity supplier, lent money to a new company that put 200 panels on the roofs of some of Eden’s storage buildings,” the UK’s Carbon Commentary writes. “Employees are now able to buy shares in the new business and the proceeds of this unique offer will be used to pay back Ebico. Savers putting in as little as £200 each will share in the feed-in tariff income for the next 25 yea...

Full article: http://cleantechnica.com/2012/02/23/uks-1st-employee-owne...

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