A COMMUNITY-owned solar farm in the South Hams has helped to fund new outdoor classrooms, plant new woodland and provide an electric ferry for South Devon after making a surplus of more than £100k.
The Yealm Community Energy (YCE) project has been operating for five years, and organisers have now launched a share scheme to bring the 7.3MW renewable energy project under complete community control.
Residents are being invited to apply for shares in the scheme, with expected returns of 6% on investments – while the project will continue to fund environmental projects in the area.
The non-profit social enterprise is run by residents from five parishes in the Yealm Estuary area, including Newton Ferrers, Noss Mayo, Holbeton, Yealmpton, Brixton and Wembury.
This story is from the August 12, 2023 edition of The Herald.
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This story is from the August 12, 2023 edition of The Herald.
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