Linlith-Go-Solar Project (Linlithgow Community Development Trust) - Community Bonds

The trust had two objectives – 1) to generate an income stream that would allow them to undertake other community activities. 2) to assist local sports facilities were struggling with their energy bills and the need to move towards Net Zero. So they reached out to them with a view to bringing renewable energy to them.

LCDT used community bonds in order to secure the finance necessary from locals to undertake a pilot renewable energy project with the local golf club.  LCDT launch the 1st ‘Linlith-Go-Solar’ community bond offer. This successfully raised the money needed to develop the Rugby Club pilot.

Based on the successfully pilot, a second ‘Linlith-Go-Solar’ bond offer was launched to bring renewables to other local sports facilities.  Again, locals invested and the offer successfully raised the require capital and the solar panels fitting work was completed immediately before the start of the COVID lockdown.

LCDT now achieve an income from 5 solar systems. In addition, the clubs have saved on their electricity bills as they the trust gave them a discounted price and they’ve saved enough carbon emissions equivalent to driving a car more than 4 times around the Earth!