The provision of significant local community benefits is central to our vision. We will recycle 100% of surplus profits into local communities in Nottinghamshire through a community fund. We estimate that the Langar Lane Solar Farm will provide at least £10k per annum during the early years. This amount will increase in the later stages of the project.
Over 25 years this could result in £1.8 million being available for distribution to local communities via the community fund.
Acceptance of this amount will be subject to a members’ vote at NCE’s AGM. The monies will then be donated to the community fund and will be allocated to projects brought forward by communities across Nottinghamshire.
Criteria for eligible projects supported through the community fund are likely to include wildlife conservation, climate change mitigation, carbon reduction (including local food, transport, waste projects etc) and reduction of fuel poverty.