New EU Project to bring £800,000 to Corby
Electric Corby wins €1m from the EU for another new Corby showcase project taking total EU funding to over €4m
Electric Corby has won another €1m, or £800,000, EU project, which means the Community Interest Company has now earned over €4m (£3m) EU funding for Corby.
Electric Corby CIC set out to establish Corby as a leading community scale centre for new sustainable ways of living, working and travelling. The EU grants are making this a reality, putting Corby at the forefront of technological development.
This latest project will pilot a new innovative renewable energy system that generates energy from the sun and stores it underground in a unique Earth Energy Bank for when it is needed to heat the home. Electric Corby will showcase the system in 43 new Eco homes they will build on Priors Hall Park.
Electric Corby CIC is one of 10 partner organisations from across Europe and is set to work with partners in Spain, France, Germany, The Netherlands and Ireland on the new CHESS-SETUP project. That is the Combined HEat SyStem by using Solar Energy and heaT pUmPs project.
Nick Bolton, Co-Founder of Electric Corby CIC said, “This is another big win for Corby and demonstrates two important facts. One, we wouldn’t be where we are without the EU support and two, that we are again at the leading edge in sustainability. On this specific project, once we demonstrate its success we can apply the system in all new homes, including social homes where the benefit of such energy efficiency will be felt most”