Community-owned renewable energy projects involve a community in the development, operation, and/or benefit-sharing of a renewable energy installation. Through cost-sharing ownership models, these projects enable participants to own assets with a lower individual investment.
These projects are diverse, ranging from a solar array on a community hall to a multi-turbine wind farm or a small hydro system, catering to local needs and resources.
Community energy encompasses collective action to manage, generate, and reduce energy use, emphasizing local engagement, leadership, and the local distribution of benefits. This community-led approach is well-placed to tackle energy challenges by uniting people with a common purpose and a deep understanding of the local area.
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