£200m Solar Power plans: Landmark project set for major investment in Peterborough

A LANDMARK contract which could see up to £200 million invested into the installation of solar panels across Peterborough is set to be approved by the city council.

In what could be a momentous step in the city’s ambitions to be the UK’s environment capital, Peterborough City Council is set to sign a contract valued at anywhere up to £200 million with Mears Limited to supply, install and maintain a swathe of photovoltaic (PV) panels at sites across the city and beyond.

The contract starts from this month and will last until December 2015, although the next few months could see a large number of installations to get the panels in place before the Government’s cash payouts for solar energy generation decrease in April.

No specific sites have been identified yet but the council is expected to install panels on city schools, social houses, council-owned buildings and has not even ruled out installing larger-scale solar farms on empty parcels of land.

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