A launch event will take place in Congleton town hall tomorrow (Tuesday, 18 July) giving details of a new renewable energy initiative.

Dane Valley Community Energy – Congleton Park (DVCE-CP), a community benefit society, is promoting a new scheme following the successful completion of the Congleton Hydro project.

This new endeavour aims to harness solar power for schools and businesses in Congleton, Cheshire, and North Staffordshire.

As a community-owned project, DVCE-CP will utilise the company's assets for the benefit of the local community.

The society will be managed by a committed team of volunteers and any surplus generated will be reinvested in the community.

To fund this project, a share offer has been introduced, allowing individuals and organisations to invest in the venture, with share amounts ranging from £100 to £50,000.

The society's primary objective is to raise £530,000 through this share offer, enabling them to complete construction and initial operation.

Investors will receive annual interest of 5% and their investment will be repaid over 15 years. The share offer is set to close on 31 October.

By combining the power of community ownership and renewable energy, DVCE-CP seeks to create a positive and lasting impact on the environment and the local community.

There is a launch event on Tuesday 18 July from 7 – 8pm in Congleton Town Hall. Pre-booking is helpful but not essential.

For more details: https://www.eventbrite.co.uk/e/congleton-solar-community-share-offer-tickets-675191404667

You can view the share offer at: www.congletonsolar.co.uk