BWCE and Community Owned Solar Farms

There has been a scramble to build larger solar farms in the past year and practically all of these are commercially owned. These larger projects have been too expensive to develop ourselves but we have been talking to several project developers with a view to buying their projects, once permitted, so that they become community owned. Ironically, it is easier and cheaper to obtain a bank loan for the large projects than the small ones. These projects are in the range 2 to 7 MW so are a step up from the projects we have developed ourselves. If successful they would help us to get to our 2015 target of having £10m invested in community owned projects. At this level we would be starting to make a significant contribution to local energy needs and place BWCE on a sustainable footing for future growth.

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