For news and views from Triodos Bank, as well as the stories behind some of our customers
Glastonbury Festival's Worthy Farm
Renewable energy (Environment)
Worthy Farm is home to the world-famous Glastonbury Festival. It recently installed 1,100 solar panels, making it the UK’s largest privately owned solar electricity system.
The solar array - a collection of 1,112 interlinked photovoltaic panels - has been installed on the roof of the Mootel, the barn where the dairy farm's cows spend the festival period. While there's no guarantee of sunshine for the festival itself, the solar array promises to generate 160,000 kWh per year, the equivalent of the energy used by 40 homes. The barn was specially designed to take the extra weight of the panels, which cover 1,500 square metres and weigh around 22.5 tonnes.
Energy is a necessity in modern life but the current dependence on fossil fuels to provide it has a high environmental and social impact. We believe that a fundamental transition is needed away from a carbon based economy to a renewable one. By lending and investing in this sector we try to stimulate this transition, with our main focus on financing solar, wind and hydro energy.
Michael Eavis, Founder of Glastonbury Festival
Because we share the same values, Triodos Bank was my first consideration for the loan and I am grateful it is able to help finance the scheme and invest in the potential of solar for future energy generation.