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This one individual funds Wales first solar power station | My Metro

My Metro

Environment

This one individual funds Wales first solar power station

A solar power station has been erected in Wales to convert sunlight into electricity for public use. The project was funded by Dr Glen Peters, who also donated the six acre field used. According to Dr Peters, he “basically raided his pension fund as an act of faith” to fund this project, as there was no bank financing available.

The station boasts of 10,000 state-of-the-art solar panels imported from the US, and is expected to generate 1MW initially – enough power for 300 homes – at a cost of £2.5m (N650m).

More on this story : http://www.bbc.co.uk/news/uk-wales-14073447

Of course N650 is no small feat  – but I’m sure I’ve seen pieces of land (in some parts of Lagos) go for much more than that price. So this is not an irreplicable feat. (Hint Hint to all the Abacha’s, The Babangida’s, the Dangote’s, The Adenuga’s,  The Oyedepo’s, The Oyakhilome’s, The Odetola’s, The Ovia’s, The Ibru’s, The Ashimolowo’s, The Odili’s, The Odeko’s, The Odogwu’s, The Ojei’s, The Ibrahim’s, The Igbenedion’s etc). Many apologies If I have missed out your name, but I ‘m just leaving this story out there with no prejudice.

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