Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Abundance launches Europe's largest crowd-funded solar project
http://www.pv-magazine.com/news/details/beitrag/abundance-launches-europes-largest-crowd-funded-solar-project_100017068/[font face=Serif][font size=5]Abundance launches Europe's largest crowd-funded solar project[/font]
05. November 2014 | By: Ian Clover
[font size=4]The U.K.-based crowdfunder hopes to install 749 solar PV rooftop systems in Scotland as part of a 3.1 million pound scheme.[/font]
[font size=3]Solar aficionados are being sought in Scotland by London-based crowdfunder Abundance, which is looking for backers for Europe’s largest solar crowd-funded solar project to date.
The funding target for the Oakapple Berwickshire scheme is £3.1 million ($4.9 million), and investors are invited to pledge as little as £5 for a stake in the project. The internal rate of return (IRR) is estimated to be 7.5% over the 20-year term of the project, which will see 749 solar PV systems installed across rooftops in locations across the Scottish county of Berwickshire.
…
Combined, the project will add 2.6 MW of PV capacity to the region and will help lower electricity bills for Berwickshire Housing Association tenants living in Duns, Eyemouth and Coldstream by as much as 30% - all at no cost.
…[/font][/font]
05. November 2014 | By: Ian Clover
[font size=4]The U.K.-based crowdfunder hopes to install 749 solar PV rooftop systems in Scotland as part of a 3.1 million pound scheme.[/font]
[font size=3]Solar aficionados are being sought in Scotland by London-based crowdfunder Abundance, which is looking for backers for Europe’s largest solar crowd-funded solar project to date.
The funding target for the Oakapple Berwickshire scheme is £3.1 million ($4.9 million), and investors are invited to pledge as little as £5 for a stake in the project. The internal rate of return (IRR) is estimated to be 7.5% over the 20-year term of the project, which will see 749 solar PV systems installed across rooftops in locations across the Scottish county of Berwickshire.
…
Combined, the project will add 2.6 MW of PV capacity to the region and will help lower electricity bills for Berwickshire Housing Association tenants living in Duns, Eyemouth and Coldstream by as much as 30% - all at no cost.
…[/font][/font]