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Foresight, Our Generation invest £10m in residential solar PV

Foresight Group and Our Generation have agreed a preliminary £10 million programme of residential solar photovoltaic (PV) installations over the coming three months in the UK.

By Renewable Energy Focus

Our Generation will develop the solar PV roof installations and Foresight will fund the installations from Foresight Solar VCT and Foresight Solar EIS.

E.ON will employ and oversee the customer experience as part of its £150m SolarExchange initiative. The energy company’s solar PV scheme could offer up to 15,000 customers solar power installations costing as low as £99.

Foresight Group Investment Manager, Ricardo Pineiro, says: “We have had to launch the new Foresight Solar EIS fund just to cope with the demand for funding. If the opportunity develops as we expect, we will have close to £300m of solar assets in 12 months’ time.”

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Green building  •  Photovoltaics (PV)

 

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