A joint venture aimed at breaking down barriers preventing community energy projects from coming on-stream has been relaunched by Octopus Energy and the Midcounties Co-operative. Younity – which was previously known as Co-op Community Energy – already has partnerships with 100 community generators, with the renewable energy from these partnerships powering the ‘Your Co-op Energy’s Community Power’ tariff, which was launched in January 2020 as the only tariff in the UK to come solely from community power projects. The joint venture will investigate innovative ways to make funding more accessible for community energy projects, while also continuing to provide direct financial support through the Community Power Fund. This fund is financed through the tariff, and has already made grants to support the ambitions of six community energy groups in the UK.
Solar Power Portal 30th April 2021 read more »