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Month: February 2016

BC’s First Community Owned Solar Project Raises $69,000

  • By Rob Baxter
  • February 3, 2016December 12, 2016
  • 1 Comment on BC’s First Community Owned Solar Project Raises $69,000
  • Alternative Investments Blog Menu Renewable Energy Solar Energy Solar Power

Solshare Energy, BC’s first community owned solar project, has just completed another round of financing and now has a total of $69,000 in share capital from investors.

The funds raised will be used to complete the purchase of a 23 kW photovoltaic plant recently installed in East Vancouver as well as other start-up costs. The photovoltaic system is installed on a multi-family residential complex and is expected to officially begin production later this week. The revenue from selling the electricity from the system will be used to pay dividends to investors. Dividends have already been paid out to investors who bought shares in earlier financing rounds.

Solshare Energy plans to add additional solar plants located throughout BC to its portfolio and will be seeking new investors as these plants come online.To receive updates on investing in Solshare fill out our contact form.

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Recent Posts

  • Customer Engagement with Solar PPAs
  • January 2022 Dividend
  • Solar PPAs on Government Buildings
  • SolShare Pays Investor Dividends for 7th Year
  • Our Response to Michael Moore’s Film “Planet of the Humans”
  • Indigenous Owned Utilities in BC
  • SolShare Pays 4% Dividend
  • Workers are Owners
  • SolShare Pays $2.08 Dividend

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SolShare Energy is BC’s first community-owned solar energy investment program. SolShare’s mission is to enable investors to share in ownership of a diverse portfolio of renewable energy installations throughout BC that offer financial, social, and environmental returns. Solshare Energy is a project of Vancouver Renewable Energy Co-operative(VREC).

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  • Unit A - 1245 Glen Drive Vancouver B.C. Canada V6A 3M8
  • +1 778 869 8333
  • main@solshare.ca

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