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Rural Renewable Energy Fund

£15 million in risk funding for community renewable energy projects has just been announced as part of the Chancellor’s autumn statement. This will mean Government support for communities to meet the upfront cost of developing renewable energy projects and thus remove a major barrier to community-driven renewable energy project development.

The brief statement can be found in the Autumn Statement document (paragraph A.117, page 64): http://cdn.hm-treasury.gov.uk/autumn_statement.pdf 

The Centre for Sustainable Energy has a news story here: http://www.cse.org.uk/news/view/1604  

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