28.04.2014
Ethical investment gets personal
Ethical investing, be it backing green projects or businesses that are "socially responsible", has often involved compromise. Some ethical funds stretch the green and SRI labels to the limit. Investors have had to take on trust that the companies in a fund portfolio are as ethical as claimed - and delving below the surface has often thrown up bones of contention.
Abundance Generation, the UK’s leading crowdfunding platform, has today delivered an investment boost for solar power in UK schools, with the launch of another ‘Green Dividend’.
The Engynious solar schools project, which has already installed 800kW of solar on 19 schools with plans for more, pays investors a 7% fixed rate of return and a 30% discount on electricity costs for schools, freeing up money to be used for educational purposes.
A CITY school is already using 22% less mains electricity by producing its own after having solar panels fitted during the summer holiday.
Since it began a campaign to go greener in 2007, West Park School in Spondon has been finding ways to reduce its energy consumption such as switching off lights and using more energy-efficient lights.
30.07.2013
Media report from Solar Power Portal: Solar programme aims to install 5MW across 170 schools
The newly-formed 'Power Your Future' programme is aiming to install 5MW of solar on school roofs across the UK.
The programme, set up by Engynious and Winch Energy, is capable of installing solar on up to170 schools.
"For the Engynious Group, this is the largest programme and its first in the UK market to date. Our tailored solutions provide distributed energy production combined with on-site consumption, a major pillar for the world's future energy supply", commented Gregor Loukidis, director of Engynious Clean Power.