Forster-REI partnership offers fully funded solar option

Forster Energy recently partnered with solar investment experts Renewable Energy Investments (REI) to offer Scottish businesses, public sector, commercial landlords and community groups an alternative way to fund clean energy generation projects, secure a reduced electricity tariff and reduce carbon emissions.

The partnership provides access to 100% funding for solar PV projects through a power purchase agreement (PPA). In return for the leasing of the airspace above their roof, organisations, individuals and community groups will receive a discounted rate on the electricity produced by the solar PV system for 25 years, guaranteed only to rise by RPI.

“We are delighted to be working with Forster Energy, to provide their clients with an attractive and secure funding option,” said REI Managing Director, Simon Booth.

Forster Energy Managing Director, Steve Scott explained “this partnership will make solar more widely accessible, particularly for those with a high energy consumption and whom funding has been a barrier to deployment”.

Clean, self-generated solar electricity not only significantly reduces energy costs, but helps commercial buildings comply with Section 63 of The Climate Change (Scotland) Act 2009.

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