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City of London buys into new Dorset solar farm to help power Square Mile

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City Corporation signs £40m deal with French renewables firm Voltalia to ensure green energy supply

Thousands of solar panels in the Dorset countryside will soon help power Britain’s historic financial centre under a new renewable energy deal struck by the City of London Corporation.

The City’s governing body expects to save £3m by buying more than half of the electricity powering the Corporation’s historic buildings in the Square Mile from a subsidy-free solar farm in the south-west of England made up of 95,000 new solar panels over the next 15 years.

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