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New CARES Funding announced

Nearly £4 million of loans to help communities across Scotland develop locally-owned renewable energy projects were announced on Wednesday by Energy Minister Fergus Ewing. The loans, offered through the Community and Renewable Energy Scheme (CARES), will help with the pre-planning costs of 42 renewable energy projects. The locally-owned projects will produce 56 Megawatts (MW) of wind and hydro capacity and make a contribution to the Scottish Government's target of 500MW of community and locally-owned renewable energy by 2020.

Of the 42 projects, 29 are community-owned, one is owned by a rural business and the remaining 12 have been brought forward by farmers. All have made commitments to benefit the local community. Further information can be found here.

 

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