The City of Melbourne hopes that a new solar funding scheme will enable it to meet the goal of deriving 25 per cent of its electricity from renewable sources by 2018.

Businesses in Melbourne can now access financing deals that cover the full capital costs of installing solar power via an innovative new funding scheme designed to foster the uptake of renewable energy. The Sustainable Melbourne Fund’s new Solar Finance deal provides 100 per cent finance to both the tenants and property owners of…