Published: 12th Oct 2018

Warrington Borough Council is set to become the first local authority in the country to have its electricity needs met entirely by solar power. The council’s ruling executive board has approved the setting up of a so-called Special Purpose Vehicle (SPV), a kind of subsidiary company with the council as sole shareholder, to build a 131-acre solar farm in Hull. Built on low-grade land, the solar farm will produce enough electricity (25.7MWp) to meet the council’s entire annual electricity needs and generate savings of up to £2m pounds on the council’s energy costs. The £21m investment in the Hull site comes after a similar deal to buy a site in Gloucestershire fell through due to local grid connection issues. Councillor Russ Bowden, deputy leader and executive board member for corporate finance said: ‘Our total investment will be £58.7m, but we will own the assets and generate an estimated 30 year … (To read the full article, subscribe below)