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piqer for: Climate and Environment Global finds
Passionate about solutions that empower citizens in their fight for energy democracy. She will be curating an online discussion about the current energy transition, covering news on smart grid developments, new regulatory solutions supportive of citizen-owned renewable energy and much more.
Scotland's First Urban Community Hydro
I wish mainstream media coverage in Europe would focus more on stories like Scotland's first urban community hydro!
A few months ago, Aberdeen Community Energy managed to raise £1.25m from local investors.
The hydro scheme, which is selling electricity to the national grid, is expected to generate many thousands for a community fund, enough electricity to power the equivalent of around 130 homes and avoid 240 tonnes of climate-damaging carbon emissions each year.
A community share bid that offered investors a target 7% annual return launched in August last year and successfully raised £500,000 ten days ahead of the planned closing date of 16 September.
If you're curious (like I was), here is the project's website.
