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Shared ownership of renewable energy

Working with community groups and organisations.

Benefits of shared ownership of renewable energy projects

The Scottish Government wants to actively encourage renewable energy projects to work with community groups and organisations. It is good practice to make an offer of shared ownership for the following benefits:

  • Including an element of shared ownership will actively involve local people in the project and build relationships, creating greater positive public feeling and support for the project. Including a community group as a project partner will also strengthen the project due to the local knowledge available.

  • Shared ownership offers an opportunity to further improve trust and reputation of the renewables industry.

  • Including an element of shared ownership can be reflected in a planning application through indirect economic and social impacts.

  • To progress towards Scotland’s ambitious target of 500MW of community owned renewables.

Good practice in shared ownership

The Scottish Government's ambition is to ensure that, by 2020, at least half of newly consented onshore renewable energy projects will have an element of shared ownership.

The reviewed Good Practice Principles for Renewable Energy Developments was published on 8 May 2019.

View Scottish Government guidance

Shared Ownership Finance Model

The Shared Ownership Finance Model has been developed to help groups determine the indicative financial viability of a Shared Ownership offer.

Working through the process will help you to identify what information you have, or need to gather. Completing it will help you put it in a format which means you're ready to talk to potential lenders.

You can get help with the model from a Local Energy Scotland Development officer.  

Soirbheas

Find out how shared ownership in renewables can benefit communities

View case study