Huge £100m deal to install solar panels in thousands of UK homes
Kinetics have signed a huge £100m deal to supply solar panels on thousands of UK homes, which could potentially create thousands of new jobs.
Building report that repair and maintenance experts Kinetics, have teamed up with Sovereign Capital to build 20,000 solar panels on the roofs of thousands of homes around the country.
The purpose of this deal is to supply cheap power and electricity for these homes, which will make them in line with the Government’s Green Deal and save homeowners money on their energy bills.
The coalition government has recently introduced a feed-in tariff, which reportedly will not affect these plans. The Chief Executive of Kinetics, Chris Cheshire, said in a statement that, “we’ll be able to supply social housing tenants with cheap power, saving them about £300 a year per home. Then any surplus is sold to the grid.”
No housing contractor or council have signed up to the scheme so far, but this scheme will create plenty of jobs for electrical contractors around the country.
Posted on February 28, 2011, in construction jobs, construction news, Electrical News, electrician, electrician courses, electrician jobs and tagged construction news, electrical training, Electricity, Feed-in tariff, Government Green Deal, Kinetics, Prudential, solar news, Solar panel, Solar power, t4ts, train 4 trade skills, train4tradeskills. Bookmark the permalink. 3 Comments.