“Wiltshire-based solar developer Eden Renewables has submitted its planning application to Wiltshire Council for a proposed solar farm on land east of Kington St Michael.
Red Barn solar farm will be the first in Wiltshire to offer local residents the chance to own a share of the solar farm.
This will save money on their electricity bills directly related to the energy generated by the project and energy prices, working with Ripple Energy.
Eden and Ripple are proposing that up to 20% of the solar farm would be owned and operated by a Cooperative set up by Ripple.
Local residents will be given preference to buy shares in the Coop from £25 and will then be in line to save about 25% on their electricity bills proportionate to their shareholding.
Sarah Merrick, chief executive and founder, Ripple Energy, said: “We’re excited to be bringing our consumer ownership energy model to Wiltshire and couldn’t have a better partner than Eden Renewables.”
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ReNews.Biz 20 October 2023.