How are communities raising serious money for green energy projects? | Chris Goodall | Environment | guardian.co.uk
This month a hydro project to generate electricity at a weir on the Thames in Oxford nearly £300,000 from 95 shareholders, three-quarters of whom live in Oxford, within two weeks of opening its offer. Just a few weeks ago, the village of South Brent in Devon financed a large wind turbine almost entirely with local money.
Green energy projects owned by communities – long talked about as a way to reduce emissions, cut bills and bring people together – are starting to raise serious amounts of money. But how?