Community Investment and Shared Ownership
Renewables offer exciting opportunities for ‘citizen power’, and numerous community-led small-scale projects have already been set up across the UK over recent years, where ordinary people are invited to directly invest in and share in the profits from wind turbines or other renewable energy sources. The non-exhaustive list below provides a glimpse of the dynamic situation.
Support is available to communities through the Scottish Government’s CARES programme, delivered by Local Energy Scotland, who will guide both the renewable energy business and community through the shared ownership process from beginning to end, including (if necessary) acting as an independent facilitator to help progress.
Opportunities like these can enable communities to greatly increase the financial and economic benefits that accrue to them from hosting wind farms.
Examples of Community Investment and Shared Ownership Renewable Energy Schemes
- Brighton and Hove Energy Services Co-op (BHESCo)
- Community Energy Wales
- Energy4All
- Thrive Renewables
- Green Fox Woodheat Co-operative, Leicester
- Heartland Community Wind
- Harborough Solar One
- Resilient Energy
- Exeter Community Energy
- Community Power Cornwall
- Ecotricity Ecobonds
- Small Wind Co-op
- Donside Hydro, Aberdeen
- Awel Co-op
- Upper Pitforthie Windgen
- Sandford Hydro
- Arrochar Hydro
- Brighton Energy Cooperative
- Abundance
- Ynni Teg / Fair Energy wind
- Oldham Community Power
- Ripple