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Nanoco Group PLC

Third of London councils sign up to cut-price renewable energy scheme

Thousands of Londoners could take advantage of the heatwave to help the environment and cut their power bills by joining a cut-price scheme to install solar panels.

More than one in three boroughs have joined Mayor Sadiq Khan’s Solar Together London initiative, launched this year.

With the weather in the capital this week set to outdo the likes of Miami and Jamaica, the project allows homeowners to join together and use their collective buying power to negotiate significant discounts on the regular cost of buying and installing panels.

Nanoco (LON:NANO)leads the world in the research, development and large-scale manufacture of heavy-metal free quantum dots and semiconductor nanoparticles for use in displays, lighting, solar energy and bio-imaging.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.