Sunday, April 30, 2017

Investors snapping up community energy projects, with some selling out in minutes

The public appetite for community funded renewable energy appears to be limitless, with projects proving so popular they are selling out within minutes of being offered to investors.
A huge 230 kilowatt solar system will be
 installed on the Bakers Maison roof.
The latest initiative — a massive solar panel system on top of a wholesale bakery in western Sydney — saw people flocking to invest.

Within six hours, 20 investors had pitched in almost $400,000 to install a huge 230 kilowatt solar system on the bakery's roof.

The project has been set up by volunteer-run ClearSky Solar Investments.

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