A COMMUNITY scheme to fund renewable energy systems in the Nayland area is gathering pace.
Following two public meetings in the village to promote Green Energy Nayland (GEN), several people have invested in the project, with shareholders receiving an annual interest payment.
Chairman Will Hitchcock said the first project was to raise £32,000 for the installation of solar panels at Nayland Primary School.
“This offer closed on March 4 but anyone wanting further information on this exciting new venture should visit our website at www.greenenergynayland.org.uk,” he said.
“The whole idea is if people can’t afford their own solar panels, but still want to be involved, they can buy a stake in GEN.
“It’s an exciting proposition because it could well be a significant feature in our UK energy strategy and is funded by local businesses and local people.”