Harborough Solar One – PROJECTS
HARBOROUGH SOLAR ONE – PROJECT 1
OUR FIRST PROJECT WENT OPERATIONAL IN 2016
(PLEASE REFER TO ‘PROJECT 2’ BELOW FOR OUR CURRENT SHARE OFFER)
Harborough Solar One’s first project shows how everyone can benefit from community owned solar schemes. It is now providing an income to investors, the building owners on which the panels are installed and the wider community who will benefit from a 20 year fund to help fight fuel poverty.
This first project was launched in October 2015 and was put together by Harborough Energy (as a Community Benefit Society under these rules).
The original proposal was based around the installation of around 668 solar panels at two sites in the town: the Robert Smyth Academy on Burnmill Road and Archway House Natural Health Centre on Lubenham Hill. Located on the roof of each building, the combined 160kW installation would have produced an output of over 142,000 kWh each year (as detailed in our first share offer document).
We raised the required capital but Robert Smyth were unable to proceed, so we had to put the installation on hold (the interim statement to investors around this is here).
Fortunately, we were able to retain most of our community investors and found an alternative project based around Woodnewton Academy and Archway House. This new plan was evaluated, agreed with our investors and 68kW of solar power was installed successfully in August 2016, as described rather eloquently in this news article.
HARBOROUGH SOLAR ONE – PROJECT 2
Harborough Solar One’s latest project is a 150 kW ground-mount photovoltaic solar array to be located at NBJ London Limited Airfield Park Husbands Bosworth, Leicestershire.
Subject to raising the required capital investment of £149,700, the Society anticipates installation by the end of September 2018.
Harborough Solar One will own the solar PV array and will have a 20 year licence with NBJ. We will maintain the solar system and provide NBJ with electricity at reduced cost through a Power Purchase Agreement with us.
NBJ specialise in the manufacture of high quality bespoke joinery and cabinetry for residential and commercial projects.
HARBOROUGH SOLAR ONE – CLEAN ENERGY PRODUCTION
The presentations below summarise our projects and allow you to see how we monitor their performance and the clean energy they produce.
Project 1 (Woodnewton & Archway) – as at MAR18
Project 1 (Woodnewton & Archway) – as at AUG18
Note: The daily variations of output are due to the daily sunshine, which is very variable in the UK. Very occasionally the equipment can fail and there may be zero output, in which case monitoring supervision is alerted for rapid repair.
If you have any questions about this project or would like to discuss other projects you can email us via: [email protected]