Subscribe to our Construction Newsfeed
UK Construction Directory
Search our 157,051 companies....

Construction News

15/04/2010

Solar Panels Offer Organisers Annual Income Of £40k

Construction News Image
npower's solar division has applauded Michael Eavis's decision to install solar photovoltaic panels at Glastonbury, and has urged other festival organisers to follow his example.

While Mr Eavis was motivated by his ambitions for an eco-friendly festival, according to npower's solar expert James Morgan there's now a second incentive for festival organisers to go green.

He said: "From 1 April 2010, owners of solar photovoltaic panels will be paid for all the energy they generate – regardless of whether they use it themselves or sell it back to the grid.
-- Advertisement --
hss



"This means Eavis could earn in the region of £42,000 every year from his 193 kWp system. Once the payback period is complete, this sum will no doubt be a welcome contribution to the bank balance when trying to secure world-class musicians such as Jay-Z and Coldplay."

Feed-in-tariff levels – or FITs as they are more commonly known – will pay homeowners between 29.3p and 41.3p for every unit of energy generated depending on the size of their system.

Last month, Mr Eavis announced that he is to invest in 1,500 square metres of PV panels on the barns at Worthy Farm ahead of the 2010 festival. He estimated that they would produce annual savings of 100 tonnes of CO2.

Work will begin to install the panels on August 1, as long as planning permission is granted and surveys confirm that the barn roof is strong enough to hold the panels.

(CD/NS)

Latest Construction News

16/04/2025
Pennyfarthing Homes has officially broken ground at Danes Park in New Milton, launching construction on a significant new residential development that will deliver 164 homes. To mark the milestone, directors from Pennyfarthing Homes welcomed Councillor Steve Davies, Portfolio Holder for Housing and
16/04/2025
GMI Construction Group is celebrating the official opening of Dakota Newcastle, the North East's first Dakota Hotel, situated on Newcastle's Quayside. The 118-room luxury boutique hotel, located at St Anne's Wharf, has welcomed its first guests and is poised to become a major addition to the region
16/04/2025
Gleeds has been named project manager for the billion-pound redevelopment of Airedale General Hospital in Keighley, West Yorkshire on behalf of Airedale NHS Foundation Trust. The award-winning trust employs over 3,000 people and provides acute, elective, specialist and community care for a populat
16/04/2025
Morgan Sindall Construction has marked the official opening of a new Special Educational Needs and Disabilities (SEND) teaching block and a specialist hydrotherapy pool at Philip Southcote School in Addlestone, in a celebration attended by students, families and local officials. The event brought t
16/04/2025
Bedford Borough Council has successfully completed a footpath refurbishment programme across several of its parks and open spaces. The initiative, funded by the UK Shared Prosperity Fund (UKSPF), targeted key parks across the borough following a detailed review that identified areas in need of repa
16/04/2025
Wates Fit Out has announced the appointment of Phoebe Wood as Senior Business Development Manager, where she will lead the team's business development efforts and support the growth of new opportunities across the commercial fit-out sector. With close to three years of experience in the built envir
16/04/2025
United Living has announced the appointment of Claire Kershaw as Chief Executive Officer of United Living Property Services. With over two decades of experience in the social housing sector, Claire brings a wealth of knowledge in property maintenance, refurbishment, and regeneration. Her career inc
16/04/2025
Sempra Homes, the housing subsidiary of Basildon Council, is preparing to launch its latest 100% affordable housing development at Bowers Close on London Road in Pitsea, Essex. The new development will deliver 31 high-quality homes aimed at increasing access to affordable housing for local residen
15/04/2025
Costain, working as part of the SMP Alliance, has completed the construction of 41 new emergency areas on the M1 motorway between junctions 28 and 35A, delivering the project ahead of schedule. The newly installed emergency areas span a 32-mile stretch of motorway running from Derbyshire to South Y
15/04/2025
Great Places Housing Group has formally submitted plans for the first development to come forward under the newly approved masterplan for the regeneration of the Grey Mare Lane neighbourhood in east Manchester. The proposal outlines a new affordable housing scheme comprising 82 apartments for socia
Lakeside HireEfco UK LtdT & D Glazing And Installation LimitedStuart CanvasAqua Direct LtdBRICOFLOR UKAscent Lift Services LtdCeiling Tech ltdTC Fixings LtdMV Lifts