#5. SOLAR SCHOOLS
LAUNCH: NO DATA.
COUNTRY: UNITED KINGDOM
MONEY RAISED: ~480K EUROS
AVERAGE ROI:NO DATA
MODEL: COMMUNITIES FUND PROJECTS FOR THE LOCAL SCHOOLS AND RECEIVE PAYMENTS THROUGH FITS AND SCHOOLS BENEFIT FROM ENERGY GENERATED THROUGH THE PROJECT.
Solar Schools is an initiative to install PV panels of the rooftops of schools across England and Wales. The platform allows parents, teachers and local communities to fund as little as 5 Pounds to install PV panels on the roofs of local schools. So far, 17 schools have already been funded. 27 other projects are still running and waiting for complete funding. The platform partners with 10:10; a charity organization that has pledged to take responsibility in running the projects after the funding. Schools receive Feed in Tariffs from the energy generated by their panels and receive energy benefits from the panels as well, guaranteed up to 20 years. This scheme has developed energy consciousness amongst the youth and has bought communities closer and more importantly have raised over 480000 Euros.
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