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Triodos Bank UK funds Low Carbon Hub solar project


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Ray Valley Solar will be a subsidy-free, community-owned solar park near Arncott, north east of Oxford, UK. The project will have a total installed capacity of 19.2 MWp and aims to generate enough electricity to power over 6000 homes annually through its ground-mounted panels.
Triodos Bank UK has approved a new loan facility, allowing the project to be constructed this year. Further lending will also be made available for its operation, with the park expected to begin generating in autumn 2021.
The park is owned by Low Carbon Hub, a social enterprise that aims to support and encourage local communities to take control of their energy. This new project will result in a five-fold increase in the amount of green electricity that Low Carbon Hub is able to generate annually. ....

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