Month: January 2018

Who is Investing in Solshare?

Monday we had an open house at our offices and we got to meet some of our new investors.

One woman had recently purchased an electric vehicle (EV) and was wanting to offset the additional electrical consumption that the vehicle would need.  Since she is a renter installing a solar on her roof is not an option.

This sparked a lively conversation with another visitor who is an EV enthusiast. In the end she purchased enough shares to generate about 2,000 kWh annually.  This will likely cover her modest vehicle usage.

Rendering of our newest Vancouver plant.
Rendering of our newest Vancouver plant.

Another guest talked about her efforts to divest from the fossil fuel industry. She was excited to be able to invest in local renewable energy.

A mechanical engineer with experience in the solar energy industry also stopped by and became an investor. He had some good technical questions about both our current plant and our plans for expansion.

If you would like to join these people and invest in local renewable energy you have until January 24th.  Review the documents at http://www.solshare.ca/investor-package/ to get started.

Own a Share of Vancouver Community Solar Energy Project

Solshare Energy is once again offering an opportunity to own a share of a solar energy plant based in Vancouver.  Shares in this round are available starting January 15th.  A limited number of shares are available.

A 27 kW solar energy plant is currently being built and is the second in Solshare’s portfolio. Funds raised will be used to purchase this plant. Electricity produced from the plant will be sold and the owners will receive dividends based on those sales.

Solshare currently operates one solar energy plant that has been in production for two years. Three rounds of dividends have been paid to investors. For the current funding round a minimum of $1,000 is need for investment. Funds must be received before January 24th.

“We’ve talked to many people who want to support solar energy but either don’t own a suitable house or can not afford the full up-front investment. This is a great way for those people to own solar energy and receive some financial benefits.” says Solshare Energy co-founder Rob Baxter.

Solshare will be holding an open house at their offices on January 15th from 11 AM to 4 PM. This will be a chance for potential investors to ask questions and get help filling out the forms required to invest.

About Solshare Energy

Solshare Energy is BC’s first cooperatively owned community solar energy project. Solshare’s plan is to own a portfolio of renewable energy installations throughout BC that will engage BC residents and offer financial, social, and environmental returns. Solshare Energy is a project of Vancouver Renewable Energy Co-operative (VREC).

Financial statements and documents for potential investors are available at Solshare Energy’s website: solshare.ca

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kWh Generated

11223

Dividends Paid

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