We develop solar projects with community support and participation

Our community solar group, GreenLife Co-operative Inc.,  works to develop a series of solar energy projects on non-farmland or commercial rooftops. The solar energy produced by each project will go into Ontario’s electricity grid and help power our province.

Steps in building a community solar project

  1. Find suitable properties to host a solar project – Done! (still accepting additional locations)
  2. Membership Drive: minimum of 50 property owners to join in each county – IN PROGRESS
  3. Apply to receive approval to build our solar projects – IN PROGRESS
  4. Receive approval from the Ontario Power Authority
  5. Offer community bonds to interested members (at least 5% annual rate of return)
  6. Work with established solar developers and engineering firms to build all of the approved solar projects
  7. Generate green and renewable electricity from solar

What does becoming a member mean?

  • You will be invited to our social events where you will meet other neighbours in your area that also support solar energy. Let’s mingle and have some drinks.
  • You will have the option to invest (if we receive project approval) in our community solar bonds and preference shares with a 5% annual rate of return. More details on the optional investment opportunities will be released in 2014.
  • Membership allows you to have one vote at our Annual General Meetings.

Becoming a member of GreenLife Co-operative provides you with a real opportunity to support your community, support renewable energy, help the planet, and gives you an option to make a profitable long term investment.

Triple Bottom Line: PEOPLE

  • Educates people about renewable energy
  • Provides a community investment opportunity
  • Creates local jobs to construct and maintain the solar project

Triple Bottom Line: PLANET

  • Renewable energy production will reduce the need for coal and other non-renewable sources of energy
  • Local energy production will reduce the losses in the electricity grid distribution lines and increase reliability
  • The solar projects are built on previously unused commercial rooftops making that space a valuable and a more productive part of a commercial building

Triple Bottom Line: PROFIT

  • Your support will enable the building of these projects and create opportunity for individuals to invest funds with the intention of generating a measurable social and environmental impact alongside a financial return (Impact Investing)
  • The option to invest will be in a secure and growing market of sustainable investment products
  • Your investment returns are secured by a 20-year contract with the Ontario Power Authority to sell the energy generated at a guaranteed rate.

To find out more, please visit the contact page and get in touch with us. Our friendly representatives are always happy to answer any questions you have.