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Scotland’s farmers to benefit financially from community renewable energy

The money will go into the government’s existing Communities and Renewable Energy Scheme Loan Fund, which, from April, will be opened up to farmers and land managers for the first time.

Funding boost for Scottish renewables -Farmers Weekly, Paul Spackman  18 February 2011 Development of renewable energy schemes in rural Scotland has been boosted by £2.4m of funding from the Scottish Government.

The money will go into the government’s existing Communities and Renewable Energy Scheme Loan Fund, which, from April, will be opened up to farmers and land managers for the first time.

The fund requires applicants to form partnerships with local communities to share revenue and is designed to de-risk the pre-planning stage of renewable energy projects by offering loans of up to £150,000 to cover up to 90% of the early costs.

The loan is repayable at a commercial rate should the scheme receive planning permission, but written off if the application fails. It is in addition to the Feed-in Tariff and the proposed Renewable Heat Incentive…..

Funding boost for Scottish renewables – 2/18/2011 – Farmers Weekly

February 19, 2011 - Posted by Christina Macpherson | decentralised, UK