Renewable investment company, Abundance Generation, has announced two new solar projects totalling 2.4MWp of capacity.
The renewable energy crowdfunding platform is accepting pledges ahead of the projects' official launch and is looking to raise over £3 million to purchase two solar projects from developer EvoEnergy.
The first project, SunShare Community Nottingham, is hoping to raise up to £960,000 to purchase 20 solar arrays in Nottingham. The portfolio includes a nursery, primary and special needs schools, leisure centres and a library.
The second project, SunShare Social Homes Leicester, aims to raise £2.3 million to purchase a portfolio of over 700 solar arrays installed on social housing properties across Leicester.
The two solar projects mark the first new projects since Abundance smashed its records by hitting its £700,000 target for two solar projects in just 35 days. Abundance Generation has raised over £3 million in finance from people investing as little as £5 per project.
Louise Wilson, Abundance Generation’s managing director, will be talking at this year’s Solar Energy UK 2013 event. Her talk ‘The solar social: finance and crowd funding for the community’ takes place on Wednesday 9 October in the Solar Business Seminar Hall.
Tickets cost £60 + VAT and can be ordered here.