Our land, our energy, our community
Now is the time to invest in the community solar farm at Merston, which is being run by Meadow Blue Community Energy (MBCE), a partnership between Solesco, Lewes-based OVESCO and Mongoose Energy, a Wiltshire-based community energy developer.
Come along to one of these events to find out more:
Chichester: 17th November 4-6pm or 6-8pm at Vicars’ Hall, The Royal Chantry, Cathedral Cloisters, Chichester, West Sussex PO19 1PX.
Bognor Regis: 19th November 6-9pm (short presentations at 6, 7 and 8) at Oxfords Bar, 13 High Street, Bognor Regis PO21 1RJ
Check the share offer, to invest now: https://www.ethex.org.uk/MeadowBlue
Closing date for share application is 24 November
We are very excited by this new development, as it comes at a crucial time for solar energy in the UK. This is one of the first in the UK to share a connection to the grid with another commercial developer, and as we see it, the last time to get tax relief (EIS) on any community energy project.
More importantly it establishes MBCE as a local community energy company on our doorstep, Merston sitting between Chichester and Bognor Regis. As a Community Benefit Society, we hope to generate a fund of around £4 million over 25 years for energy efficiency, carbon-reduction and fuel poverty alleviation projects in our community. Much bigger in scale than many roof-top installations, this photovoltaic array provides a reasonable return on investment as well as creating this sizeable community fund.
Our plans for this solar farm extend beyond generating some much needed renewable electricity. We will be increasing the bio-diversity on this agricultural land with wildflower planting. It also provides an opportunity for us to work with various small-holders to explore how we can create a useful additional harvest from the land.
Please consider investing soon as a local investor and share in the success of this venture. Every investor has the same voting rights regardless of size of investment.
Dave and Tom on behalf of Solesco