Saturday, July 9, 2011

Ontario Solar Shares

A very interesting model that might be useful for co-ops in Colorado and elsewhere.

"SolarShare is a not for profit co-operative that allows Ontario citizens and businesses to invest in community-based solar energy installations across the province. SolarShare members can purchase $1,000 community solar bonds, with a 5-year term and 5% annual return. These bonds are backed by a portfolio of solar power projects, including larger systems hosted on commercial and institutional rooftops and smaller ground-mounted rural installations. Current SolarShare projects total over 600kW of generating capacity, each backed by a 20-year power purchase contract with the provincial power authority, ensuring a low-risk, stable revenue stream."

Learn more:

Joy Hughes, Founder, Solar Gardens Institute
CEO, Solar Panel Hosting LLC
(719)207-3097 direct

No comments:

Post a Comment