News
Competition: win £250 to invest in renewable energy
Published
5 years agoon

Award-winning renewable energy investment platform Abundance Generation is giving two people the chance to win £250 worth of investments in renewable energy, as part of Climate Week (March 3-9).
All you have to do is guess how much electricity, in kilowatt hours, its Hoo Solar project will generate during the seven-day event.
Two prizes will be handed out for the closest guesses. Closing date is 11.59pm on Sunday.
Abundance offers investors the chance to take out debentures in renewable energy projects. These are a form of IOU that commit the energy project to paying back regular cash sums based on how much electricity is generated.
Anyone aged 18 or over can invest amounts as little as £5 in the projects, with returns somewhere in the region of 6-9%.
Located in near the village of Monkton in Kent, a total of 294 people pledged £385,000 between them to fund the development of Hoo Solar. The park consists of 999 solar panels which have a generation capacity of 249.75 kilowatt peak (kWp).
Hoo Solar was the third Abundance project. Its maiden investment drive was for a wind turbine in the Forest of Dean, which provides power to 450 homes in the local area.
The Abundance website includes stats on how much electricity Hoo Solar has generated so far – which should help people formulate a guess. Meanwhile, it would also be wise to check the weather forecast to estimate how much sun the panels will see.
For details on how to enter the competition and more about Abundance, see here. Prizes are subject to terms and conditions.
Further reading:
Abundance Generation: crowdfunding the future of energy
Renewable energy second most popular investment for British public
Abundance launches crowdfunded renewable energy project in Kent
Nottingham solar project raises £500,000 in less than a month
You may like
-
These Are The Top 3 Eco-Friendly Cryptocurrencies To Invest In For 2019
-
Here’s Why Energy Rate Comparison is Both Economical And eco-friendly
-
Renewable Energies Are Finally Becoming Cheaper Than Fossil Fuels
-
What Can We Expect for Green Energy in 2019?
-
Clean Renewable Energy Statistics In Malta: What To Know
-
What You Overlooked When Looking for A Solar Energy Solution

The Ultimate List Of Tips For Branding Green Businesses

3 Energy Efficiency Tips For Socially-Responsible Small Businesses

Why You Should Only Trade Green Securities With A Regulated Broker

7 Expert Tips To Make Outdoor Vacations Greener

Top Tips for Backpackers and Vacationers

Here’s How To Make Your Data Center More Energy-Efficient

These Are The Safest, Most Eco-Conscious Cities in The World

A Green Entrepreneur’s Guide To Cannabis Marketing Challenges

5 Ways To Make Sure Your DIY Project Is Good For The Environment

Lighting Tips to Slash Business Energy Consumption by 85% or More

7 Expert Tips To Make Outdoor Vacations Greener

3 Energy Efficiency Tips For Socially-Responsible Small Businesses

Why You Should Only Trade Green Securities With A Regulated Broker

The Ultimate List Of Tips For Branding Green Businesses
Trending
- Sustainability4 days ago
7 Expert Tips To Make Outdoor Vacations Greener
- Business3 days ago
3 Energy Efficiency Tips For Socially-Responsible Small Businesses
- Invest4 days ago
Why You Should Only Trade Green Securities With A Regulated Broker
- Business2 days ago
The Ultimate List Of Tips For Branding Green Businesses