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Scotland aims to boost community-owned renewable projects

Edinburgh desires native wind farms owned by means of native other folks.

The Scottish govt has introduced new proposals designed to make it more uncomplicated for communities and land homeowners to put money into renewable power projects, reminiscent of wind farms or small-scale hydroelectric methods.

Environment secretary Richard Lochhead introduced past due ultimate week that the federal government is to fee a brand new feasibility learn about that can cope with how to assist in the neighborhood owned renewable power projects triumph over preliminary investment obstacles.

The file, which is being undertaken by means of the Scottish Agricultural College along side Community Energy Scotland, will take a look at plans for a brand new mortgage scheme that would offer farmers, landowners and renewable power builders with the investment required to entire pre-planning paintings.

“During the last few months I have listened to stakeholders including landowners, farmers, local business and communities who all wish to develop and own renewable energy projects using our abundant natural resources,” stated Lochhead. “[But] a major stumbling block identified by all these groups is access to finance at the high-risk pre-planning stage where they are still at risk of being turned down.”

He added that the federal government was once dedicated to turning in a selection of in the neighborhood owned renewable power projects.

Renewable power builders have argued that community-owned wind farms and different projects have a tendency to face much less opposition all the way through the drafting board as the local people is aware of that it is going to generate income from the undertaking.

The UK govt has additionally signaled that it would really like to see an building up in in the neighborhood owned renewable power projects and the Conservatives integrated proposals of their manifesto that may permit communities that toughen wind farms to stay one of the vital industry charges generated by means of such projects.

(BusinessGreen)

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