Welcome to Sharenergy – a not-for-profit organisation which helps communities find, build and own renewable energy generation throughout the UK.
- Get involved in running your local green electricity generation plant
- Invest some money and get a decent return
- Provide an energy generation site and earn rent
To find out more about how we work, take a look at our services, our one minute introduction to renewable energy co-ops, or dive into the details using the links on the right of the page.
Egni Solar is a Welsh solar co-op, which is planning to install 105kW of solar photovoltaic panels in total, on 7 community buildings in South Wales. The group are aiming to raise £155,000 by 3rd April to be able to install for the summer. For more details on how to help get them generating, please see their website: egni.coop
Following the success of their first micro hydro co-operative share offer last autumn, Brecon Beacons-based energy group Llangattock Green Valleys is running a second, bigger share offer this spring. Through their first co-operative share offer, the group raised their full target amount of £270,000 to fund two community micro hydro schemes.
Now, through the snappily titled Llangattock Green Valleys Micro Hydro (2) Co-operative, they’re aiming to raise £690,000 to build a further four high-head schemes in the Brecon Beacons National Park. Together these micro hydros should generate some 355MWh of electricity a year – that’s enough to power 90 Welsh homes and displace 158 tonnes of CO2 annually. The schemes will also generate income, with a projected return for members of 5% per annum averaged over the 20-year life of the project. In addition, the co-operative has received advance assurance from HMRC that the share offer qualifies in principle for Enterprise Investment Scheme tax relief. For subscribers who are also qualifying UK taxpayers, this has the potential to boost the projected return to 7.7%.
The group has already successfully completed the Pioneer Investor phase of the share offer, with the first 150,000 shares snapped up by their 3 March deadline. The main share offer is now open, with shares priced at £1 each and a minimum subscription of £250.
To find out more, download their share offer document at llangattockgreenvalleys.org You can also email them at email@example.com or call them free on 0800 206 1915 to request a copy by post.
We’re very pleased to say we finally got approval for the Renewable Heat Incentive. The process has been hard work – both in the level of detail required and the difficulties put in our way by misdrafted legislation (somebody missed out the word ‘or’ on a key Govt document!) which has now been sorted. Anyway, our registration is backdated to September, so it covers pretty much the entire heating season. or as it has been known this year, the drying season!