Thurrock's investment scheme powering a green future

8 July 2021

Thurrock Council's investment in solar energy generates produces enough renewable energy to power 178,000 homes and prevent the release of 222,000 tonnes of carbon into the atmosphere every year.

Cllr Shane Hebb, Cabinet member for finance, said: "The investment strategy has been as success on all fronts.

"It has raised more than £100million to allow us to fund services we know residents want, earned £13.5million for other public bodies, and the solar part of the portfolio generates enough green electricity to power every home in the borough twice over while making a carbon saving equivalent to taking 71,000 cars off the road for a year.

"The approach withstood a once-in-a-century pandemic and our reserves have been increased by 300% as a result of the approach. It also helped to reduce the economic shock of the last 15 months."

Cllr Allen Mayes, Cabinet member for health and air quality, said: "Cleaner air plays an important role in the health of the nation. To know that our investments have not only helped fund services for local people but have also helped create renewable energy assets that are providing clean energy and preventing harmful emissions shows the remarkable additional benefits of this strategy."