Thousands of solar panels projects on schools and community centres are expected to be scrapped after the Government announced plans to slash green subsidies.

The Feed-In-Tarrif was designed to encourage households and communities to invest in green energy projects like solar panels.

However the Department of Energy and Climate Change said projects over 50 kilowatts (kW), the equivalent of putting solar panels on around 20 homes, will now receive less money.

The rates would see the biggest projects paid just 8.5p for each unit of green electricity they produce, instead of more than 30p under the existing arrangements.

Greg Barker, the Energy Minister, said the new rate of subsidy was designed to stop all the money going to massive solar farms in the countryside rather than individual households.

source: telegraph