The Mayor has announced a new fourth round of the London Community Energy Fund (LCEF4) as part of his Green New Deal package of measures – which includes a new capital support element to it.
The fourth phase of the London Community Energy Fund will support community energy projects such as solar panels on schools and community centres and electric vehicle charge points. The new fund includes up to £500,000 for community energy groups to deliver projects, as well as £165,000 for project development. The previous rounds of funding enabled 48 community energy projects across 81 buildings, saving up to 1,500 tonnes of carbon per year.
Applications for the fourth round of the London Community Energy fund are now open. The Mayor wants to provide much-needed support to get community energy projects up and running and deployed faster to reboot the economy and benefit hard-hit communities. So in addition to supporting project development work the fund will, for the first time, provide capital grants.