Solarplicity has revealed more details of its £1 billion solar programme for social housing tenants. The company revealed in June that, with the help of the Department for International Trade (DIT), it had secured investment from Dutch firm Maas Capital. Details released on Saturday confirm that Maas, part of the ABN AMRO Bank, will invest £160 million to unlock a total of £1 billion. This will then be used for a residential installation programme for 800,000 homes in England and Wales during the next five years and 100,000 in the next 18 months. Around 1000 installation jobs will be created with Solarplicity taking a leaf out of the US solar industry’s book and training military veterans in the necessary maintenance skills.
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