Shares Available In ‘UK-First’ Community-Owned Battery Energy Storage System
The title of this post is the same as that on this article on Solar Power Portal.
This is the sub-heading.
Low Carbon Hub, an Oxfordshire-based developer of community-owned renewable energy projects, is inviting investment in the 3MW/12MWh BESS.
These four paragraphs add more details.
Consumers have the opportunity to invest in the UK’s ‘first’ community-owned battery energy storage system (BESS).
Low Carbon Hub, an Oxfordshire-based developer of community-owned renewable energy projects, is inviting investment in the 3MW/12MWh BESS, which is co-located with the Ray Valley solar power plant.
At one time the largest community-owned solar development in the UK, the 19MW Ray Valley solar project came online in 2022.
Low Carbon Hub now plans to install battery energy storage at the site to “ensure more clean energy is used, and more money is generated for communities,” it said. As such, members of the public and organisations can buy shares in the Community Energy Fund through direct impact investing platform Ethex.
I think we could see more of this in the future.
The Anonymous Widower 