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Solar Array Community Investment Launched



A solar array being built near Crewkerne in Somerset could soon be owned by the community. That’s after the launch of a share and bond offer from Bath and West Community Energy (BWCE). The solar array is forecast to generate enough electricity to power around 1,650 homes.

The bond is forecast to deliver 5% return a year (5.5% for BWCE shareholders) and 7% to those buying shares. The company has returned 7% a year on its shares for its previous four years.

BWCE is an award-winning community enterprise and is seeking to raise £2.63 million through the bond and share offers. BWCE will be investing these funds alongside a Triodos Bank loan of £3.33 million to purchase and develop the solar array.

The added capacity takes BWCE’s total to 12MWp, the equivalent annual electricity demand of around 3,900 typical homes. It will give BWCE the UK’s largest generation capacity of any community-owned benefit society.

Pete Capener, MBE and chair of Bath and West Community Energy, said: “We expect this investment to appeal to the public as it has the option of short term investment with bonds and medium to long term with the shares. We are proud to have hit our target interest payment of 7% in every one of the four years since our first share offer in 2011.

“In addition, we have seen our vision of community energy taking shape as we have made donations totalling £75,000 to our community fund, which have allocated to grants for local community carbon reduction and fuel poverty projects.”

To deliver the scheme, BWCE is partnering with Mongoose Energy and South Somerset Community Energy Society (SSCES). Mongoose Energy is one of the UK’s leading community energy firms and was established to help community groups identify, develop, finance, build and manage community-owned renewable energy projects.

JW Bode, CEO of Mongoose Energy, said: “The rise of community energy shares and bonds have proven to be popular with our investors, with this being BWCE’s sixth fundraiser open to public investment. For each, BWCE has either reached its fundraising target on or ahead of time.

“The Bath and Bristol region is repeatedly cited as being among the UK’s biggest investors in positive investments and we continue to see an appetite for investment into local clean energy projects that offers a reasonable rate of return as well as the benefit of a social dividend.”

The bond is in the form of a loan to BWCE and will pay a return on the investment of 5% a year for two years (5.5% for BWCE and members of its partner organisations) with interest paid annually.

By buying shares, investors can become a member of BWCE, which has paid its members interest on their investment of 7% in each of the four years since its first share offer.

BWCE will issue the first wave of shares and bonds to investors whose applications have been received by 7 June 2016, with interest being earned from the date the shares or bonds are issued, allowing investors the chance to start earning interest earlier.

The bond and share offers are currently open for applications and close on Tuesday 12 July 2016.

For full investment details of the scheme visit Ethex, the positive investment and savings platform, website.

BWCE will be holding a series of events in the area where potential investors can hear about the scheme and BWCE’s future plans. Company directors and existing investors will be present to answer questions. Full details can be found on BWCE’s website along with more information about BWCE and the forthcoming bond and share offers.

Photograph: BWCE


7 Benefits You Should Consider Giving Your Energy Employees



As an energy startup, you’re always looking to offer the most competitive packages to entice top-tier talent. This can be tough, especially when trying to put something together that’s both affordable but also has perks that employees are after.

After all, this is an incredibly competitive field and one that’s constantly doing what it can to stay ahead. However, that’s why I’m bringing you a few helpful benefits that could be what bolsters you ahead of your competition. Check them out below:

Financial Advising

One benefit commonly overlooked by companies is offering your employees financial advising services, which could help them tremendously in planning for their long-term goals with your firm. This includes anything from budgeting and savings plans to recommendations for credit repair services and investments. Try to take a look at if your energy company could bring on an extra person or two specifically for this role, as it will pay off tremendously regarding retention and employee happiness.

Life Insurance

While often included in a lot of health benefits packages, offering your employees life insurance could be an excellent addition to your current perks. Although seldom used, life insurance is a small sign that shows you care about the life of their family beyond just office hours. Additionally, at such a low cost, this is a pretty simple aspect to add to your packages. Try contacting some brokers or insurance agents to see if you can find a policy that’s right for your firm.

Dedicated Time To Enjoy Their Hobbies

Although something seen more often in startups in Silicon Valley, having dedicated office time for employees to enjoy their passions is something that has shown great results. Whether it be learning the piano or taking on building a video game, having your team spend some time on the things they truly enjoy can translate to increased productivity. Why? Because giving them the ability to better themselves, they’ll in turn bring that to their work as well.

The Ability To Work Remotely

It’s no secret that a lot of employers despise the idea of letting their employees work remotely. However, it’s actually proven to hold some amazing benefits. According to Global Workplace Analytics, 95% of employers that allow their employees to telework reported an increased rate of retention, saving on both turnover and sick days. Depending on the needs of each individual role, this can be a strategy to implement either whenever your team wants or on assigned days. Either way, this is one perk almost everyone will love.

Health Insurance

Even though it’s mandated for companies with over 50 employees, offering health insurance regardless is arguably a benefit well received across the board. In fact, as noted in research compiled by KFF, 28.6% of employers with less than 50 people still offered health care. Why is that the case? Because it shows you care about their well-being, and know that a healthy employee is one that doesn’t have to worry about astronomical medical bills.

Unlimited Time Off

This is a perk that almost no employer offers but should be regarded as something to consider. According to The Washington Post, only 1-2% of companies offer unlimited vacation, which it’s easy to see why. A true “unlimited vacation” program could be a firm’s worse nightmare, with employees skipping out every other week to enjoy themselves. However, with the right model in place that rewards hard work with days off, your employees will absolutely adore this policy.

A Full Pantry

Finally, having a pantry full of food can be one perk that’s not only relatively inexpensive but also adds to the value of the workplace. As noted by USA Today, when surveying employees who had snacks versus those who didn’t, 67% of those who did reported they were “very happy” with their work life. You’d be surprised at how much of a difference this could make, especially when considering the price point. Consider adding a kitchen to your office if you haven’t already, and always keep the snacks and drinks everyone wants fully stocked. Doing so will increase morale tremendously.

Final Thoughts

Compiling a great package for your energy company is going to take some time in looking at what you can afford versus what’s the most you can offer. While it might mean cutting back in other areas, having a workforce that feels like you genuinely want to take care of them can take you far. And with so many different benefits to include in your energy company’s package, which one is your favorite? Comment with your answers below!

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Top 5 Renewable Energy Stocks to Watch



Do you feel morally obligated to put your money where your mouth is? I totally get it. We all want to make the world a better place, and I want to help you put your investments to work for you and the planet we call home – we only get one.

Questor Technology – CVE:QST

Questor Technology is one of the most promising penny stocks to follow under $5. It turns out that investing in renewable energy stocks doesn’t have to be expensive. In fact, you can get in on the ground floor by investing in penny stocks. These are companies that are just starting to make an impact. If they are successful in the long-run, you win BIG. If they fail, you’re only out a couple pennies. Small risk and big potential reward.

Questor Technology is exciting because they are solving one of the biggest barriers to a greener planet – huge waste and pollution from the oil and gas industry. When they first launched they enjoyed a couple of record years. But as the economy took a hit, so did the oil and gas sector.

I love these guys because they didn’t call it quits. Instead of hanging up the towel, they retooled and relaunched. Now, instead of selling clean energy tech to large oil and gas firms, they rent the tech out. This provides a stable, ongoing revenue. And, if the economy takes another dip, they can quickly scale operations back.

I’m expecting a major upswing. If you have a couple of extra pennies in your portfolio, chuck ‘em at these guys.


If you’re willing to dance with the devil, NRG Yield is an exciting company to watch. They invest and offer all forms of energy – from renewable to traditional. I’m really encouraged by their massive investment in renewable energy.

In recent years, making energy more environmentally sustainable has become a focus for a company that used to be one of the bad guys. I think we should encourage companies to stop killing our planet. These guys are on a warpath on behalf of green energy – and so what if they showed up a little late to the party. Don’t we want to reward reform?

Oh, and speaking of green, they’ve had a phenomenal year for investors. I definitely recommend adding them to your portfolio.

Brookfield Asset Management – NYSE:BAM

This is an asset management firm that has gone big on renewable energy. Part of their genius is that they stayed on the sidelines while renewable firms launched and fought over access to technology and resources. While they watched the good guys duke it out, they swooped in and picked up green energy firms that stumbled.

This means that their investors are able to invest in green energy at a HUGE discount. Brookfield Asset Management has more than 100 years of experience making strong investment plays. I love that they allow investors to access green technology without paying the hype premium.

Pattern Energy Group – NASDAQ:PEGI

Based in San Francisco, Pattern Energy Group is a pure green energy play. They’ve spent that past few decades building, expanding and innovating with more than 20 renewable energy facilities. If you’re a bleeding heart with a passion for green energy, this is as good as it gets!

You can purchase stock in their company on two different exchanges – the NASDAQ and Toronto Stock Exchange. This allows investors both north and south of the border to avoid international transaction fees. Savvy investors can compare both markets to find the best bang for the green dollar.

Carnegie Clean Energy – ASX:CCE

I saved the best for last with this stock. Carnegie Clean Energy harnesses the kinetic motion of ocean waves to generate energy. Their tech has been proven by the Australian defense sector – helping to power a naval base at Garden Island.

They also have dipped into other forms of renewable energy, so they have a bright future in a variety of markets. I wouldn’t be surprised to see a buyout shortly based on the proprietary, proven technology that this firm owns the rights to.

In conclusion, it is totally possible to be green-conscious while making some green for your investment portfolio. Some companies are more committed than others, but I’m not afraid of rewarding traditional energy companies if they’re making a solid effort to diversify and make the world a greener place.

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