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Dutch households buy turbine by crowdfunding

1,700 Dutch households jointly bought their own wind turbine by crowdfunding. Within a record time of just thirteen hours, all 6,648 shares in the wind turbine were sold. The transaction facilitated by the Windcentrale raised € 1.3 million in an astounding new crowdfunding world record.

Photo of Marc Chataigner
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http://www.sunwindenergy.com/news/dutch-households-buy-turbine-crowdfunding

For the next 12 years, these new wind-sharers will receive their own sustainable energy from a Vestas V80 2 MW wind turbine from 2005. In total, the Windcentrale has facilitated more than 6,900 Dutch citizens to jointly share wind turbines. Waiting lists for additional aspiring wind-sharers are accumulating rapidly. The wind-shares were sold for € 200 each and households bought single shares or blocks of shares. Next to the price of the wind-share, they will pay an annual turbine maintenance fee of € 23 per year.

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Photo of Patrik Malmberg

There are similar things done all over in Sweden, mainly with wind power. Small community owned windmills, where people can buy shares and then buy energy at a much lower price than normal. Here is one of the larger, that actually is a company, http://www.ox2.com/en/wind-power/private-users/. The smaller community-based have no homepages in English, but if you like I can provide links.

I like the idea of providing a financial incentive for those that not only are interested in the green aspect of it, but are more driven by the investment side. This creates a win-win situation which is a lot easier to sell. The smaller one also have the community perspective which I like, it can make small communities more independent, more resilient and also hopefully provide some jobs.

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