Raasay Community Renewables

Raasay Community Renewables focuses on developing and operating renewable energy projects on the Isle of Raasay. The organization is legally tied to the Raasay Development Trust, ensuring that all profits are reinvested into the local community and environmental initiatives. With planning permissions and licenses secured, the company is set to sell generated electricity to the National Grid, supported by grants and investments from 400 stakeholders. The business model revolves around community benefit payments, projected to increase annually, providing significant funding for local projects. The initiative not only aims to generate sustainable income but also to reduce CO2 emissions by 127 cubic tonnes per year, contributing to environmental conservation. Keywords: renewable energy, community projects, Raasay, electricity, National Grid, CO2 reduction, investment, sustainability, local development, environmental impact.