Lismore Community Solar is positioned at the forefront of Australia’s nascent community energy movement and sector. It is in fact likely to create Australia’s first ever Council operated and community funded solarfarms.
The purpose of Lismore Community Solar is to create two 100kW solarfarms through a partnership between local community members and Lismore City Council ~ with funding provided by local community ‘impact’ investors and operation of the solarfarms by Lismore City Council.
These projects will further the Lismore’s community vision of being a model of sustainability, with outcomes across each of the three domains of sustainability: environmentally benign renewable energy from solar power; strengthened community leadership and capacity in sustainable energy; plus an innovative local finance model.
Lismore City Council is the first regional council in Australia to commit to making its electricity supply 100% renewable.
This ‘model of sustainability’ is aligned with the aspirations of many more local councils right across Australia who are pursuing ground-breaking strategies in renewable energy, climate neutrality, sustainability and collaboration with their communities.
As Australia’s first ever council operated and community funded solarfarms, Lismore Community Solar will create significant potential to leverage public profile as well as the leadership, enhanced capacity and engagement of the numerous people and partners involved.
Disclaimer: Lismore City Council (Council) is not in a financial partnership or joint venture with Starfish Initiatives, Farming the Sun or any other associated entity or organisation. Council’s role in this initiative is as borrower of funds and as the entity that owns and constructs the solar farms.
Council does not guarantee the appropriateness of any investment in this initiative. The material provided by Council about the initiative is general in nature and does not constitute financial advice. If you are considering investing in this initiative, you should obtain advice from a suitably qualified advisor. You should obtain and review a Product Disclosure Statement or Prospectus before making any decision to invest.