Windfarms and solar energy: healthy returns for investors, but risks

Renewable energy schemes currently offer far greater returns to investors than cash Isas, but there are dangers

Savers are being offered returns of up to 9% a year or four times the best available rates on cash Isas by lending their money to build wind and solar energy projects across the UK. Promoters claim the schemes offer a steady and predictable income, although they are not without risk.

A primary school in Leominster, Herefordshire, is raising money to place solar panels on its roof with the lure of extraordinary tax breaks. A renewable energy co-operative building wind turbines in Derbyshire and Yorkshire has a scheme expected to give its investors 7.3% a year. In Teesside, local farms and businesses will be powered by turbines promising returns of up to 7.5% a year, while near Liskeard in Cornwall a single wind turbine is claiming that returns should be around 9% a year.

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