SolarShare formed as a project of local sustainability organisation SEE-Change and it’s renewable energy special interest group Canberra Clean Energy. The group held workshops, talks, stalls and surveys to gauge community interest in different energy projects and researched a number of viable options for what could be achieved.
Following additional feasibility studies and contact with other community groups in different areas of the country, Canberra Clean Energy saw a practical way to work towards a community solar farm to be co-owned by members of the local area. The initiative was called SolarShare.
SolarShare then formalised its governance and team structure to deliver Canberra’s first community owned solar farm. The profits from energy sales are returned as dividends to the community investors. SolarShare is aiming to provide an attractive return to member investors, targeting current rates offered by high interest saver accounts.
