By ESS news
The UK’s largest community-owned solar farms are seeking investors for a 12 MWh BESS in a bid to boost revenues for the 19 MW facility.
Low Carbon Hub claims that adding energy storage would make the Ray Valley Solar project the UK’s first community-owned battery. The developer has raised over £10m (£13.4m) in community investment since its inception in 2011 and is now seeking £500,000 to fund a battery for Ray Valley.
Members of the public and organizations are invited to purchase shares in the Low Carbon Hubs Community Energy Fund through direct impact investment platform Ethex. Investments in the share offering start at GBP 100, with a maximum investment of GBP 100.00.
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