Greater Manchester Community Renewables (GMCR) has launched their fifth community share offer. They’re aiming to raise £250,000 by 20 July 2025 to fund the installation of over 600 solar panels on 3 schools and a leisure centre.
Since 2016, GMCR has supported 9 schools and a local charity to go solar, saving them £190,000 on their energy bills – money that’s gone towards educating children and supporting local communities instead of boosting the profits of big energy companies.
In the first full year of operation, the four new solar arrays are expected to generate enough clean energy to make 16 million cups of tea – and prevent over 100 tonnes of carbon dioxide emissions from polluting power stations.
What’s more, GMCR anticipates that the new arrays will generate a further £100,000 of grants for community projects relating to carbon reduction, energy efficiency and environmental education via their Community Fund.
GMCR relies on investments from individuals, businesses and organisations to fund the solar arrays. Anyone who buys shares will be eligible for annual share interest of up to 5% and GMCR aims to repay the shares over 20 years (or sooner on request).
Anyone interested in using their money to make a positive difference can find the Share Offer Document and Business Plan on GMCR’s website, along with an online application form.
You can also sign up to GMCR’s newsletter, follow them on Facebook, Instagram and LinkedIn, or email them directly with any questions.
