Zero upfront cost, community-ownership model for solar in Indigenous communities
Why Partner with Us?
We can work with First Nations to develop renewable energy generation both on and off reserves. They can be part-owners or full owners of these utilities. SolShare Energy’s ownership model is especially suited to remote indigenous communities that are currently using diesel generators for power. The model allows regular community members to become part owners of their community’s energy supply along with the local councils. SolShare also has grants available to indigenous governments to allow them to become owners of these projects.
During plant construction, local workers are employed and paid both in wages and shares. By owning shares, community members receive dividend payments every year after the construction is finished. Also, a portion of profits can be used to increase local ownership of the plant on an ongoing basis.
What We Finance
SolShare finances solar projects that can help achieve environmental, social, and economic outcomes. We have a team of experienced professionals who have been building solar energy projects in BC since 2004. Working with a fund specifically for co-op projects, SolShare has access to additional capital for at least 5 megawatts (MW) of solar energy plants. This funding can also be combined with funding from other levels of government to increase the size of the projects.
We can work with you to assess the suitability of your site for solar. Generally, site requirements include:
- Flat roof or south-facing sloped roof with at least 360 square metres (4,000 sq. ft.), clear and not shaded
- Annual electrical consumption of at least 36,000 kWh.