Bringing locals to local projects with crowdfunding
(Source: IBC Solar)

Bringing locals to local projects with crowdfunding

Allowing locals to share in the economics of renewable energy projects and other initiatives could overcome NIMBYism. With the right support from investors, these sorts of programmes could prove more effective than national rollouts.

Summary: IBC Solar has partnered with EUECO to develop a digital platform to encourage citizen participation in German solar parks and the generation of green energy.

Why this is important: Allowing locals to share in the economics of renewable energy projects and other initiatives could overcome NIMBYism. With the right support from investors, these sorts of programmes could prove more effective than national rollouts.

The big theme: Whilst climate change and associated impacts are a global problem, some solutions will have to be local to be effective. It’s that simple.



The details


Summary of a story from Renewable Energy Magazine:

IBC Solar has partnered with EUECO to develop a digital platform to encourage citizen participation in German solar parks and the generation of green energy. The first scheme, the Schnaid solar park in Hallerndorf in the district of Forchheim, will supply 7,000 MW hours of green electricity per year, with construction set to begin in 2023. The 6.5 MW peak capacity park will save 4,300 mt of CO2 emissions annually and could supply 2,000 three-person households for a whole year. Two further public participation schemes, near Bad Staffelstein, are being planned, with more to follow.

Let's take a look at why this is important...

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