NOTUS offers citizen participation
for solar power plant in France
NOTUS launches today at lendosphere.com/baraize the participatory financing of a solar park in the village of Baraize, department of Indre.
The crowdfunding offer is aimed exclusively at residents of the Indre site and citizens of the neighboring departments of Cher, Creuse, Haute-Vienne, Indre-et-Loire, Loir-et-Cher and Vienne.
The goal is to obtain citizen participation of up to 1 million euros to finance the Baraize solar power plant. To participate, citizens must reside in Indre or the departments of Cher, Creuse, Haute-Vienne, Indre-et-Loire, Loir-et-Cher or Vienne.
Citizens benefit financially
Citizens can find the exact plans for the project and all the details of the financial participation, such as minimum participation amount, interest rates and terms, at www.lendosphere.com/baraize.
By limiting crowdfunding to Indre and neighboring departments, NOTUS aims to strengthen the region financially and generate direct economic benefits for local people.
Construction is expected to begin in the fall of 2020, with commissioning planned for early 2021.
PV power plant will supply more than 4,000 households
The photovoltaic modules occupy an area of more than 20 hectares. The installed capacity of the solar plant will be 15.58 megawatts (peak), and it is expected to produce 18 gigawatt hours (GWh) of green electricity annually, according to existing plans. This is equivalent to the electricity needs of about 4,000 French households.
The solar project emerged as the winner of the Energy Regulatory Commission's national tender and has received all the necessary permits for construction. It is located on land classified as "Zone d'Activités" outside a natural heritage protection zone. The project is the revitalization of the Baraize industrial park.