Community action on solar power is at an all-time high, SolarShare Community Energy Ltd (SolarShare) announced today.
The recently concluded T1 Seed Funding round for SolarShare’s Majura Solar Farm was over-subscribed by 50 per cent, bringing Australia’s largest community owned solar facility a step closer to reality.
“SolarShare offered Canberra commercial-scale solar farm ownership and received immense support from a broad range of local investors.” said SolarShare Board member, Bob Clark.
“Community passion and real action underpins the ACT’s leadership in renewable energy generation.” said Bob, “We’ll soon be offering our registered community supporters an opportunity to invest in their future through the Majura Solar Farm T2 Construction Funding round.”
“The Majura Solar Farm provides a long-term investment option where profits will return to our SolarShare community members.”
“Canberra is a visionary city and we lead the pack with our 100% renewable energy ambition. SolarShare’s board, team and community members walk the talk in their commitment to making a more sustainable future a reality”
PROJECT FACTS: – SolarShare’s Majura Solar Farm:
- T1 Seed Funding – Legal and regulatory compliance for T2
- T2 Construction Funding – Full construction and commissioning
- PV Array size – 1 Megawatt AC / 1.265 Megawatt DC Solar PV array
- Energy to supply 260 households
- Equivalent of 1,700 tonnes a year of carbon dioxide emissions avoided
- Construction value – $2.9 Million
- Site size and location – 2.5 Ha between Majura Parkway and Majura rd
- Consultations completed – Lease, environmental, heritage, community
For more information, and to register your non-binding interest as an investor in community owned solar, go to http://67.227.186.28/~solarshare/join/
For media inquiries contact: alex[at]solarshare.com.au
