ClearSky are true pioneers in community energy in Australia. Setup in 2013 by the Northern Beaches (Sydney) chapter of Clean Energy for Eternity, the group’s objective was to empower local communities to benefit environmentally and economically from the production of clean energy.
ClearSky Solar Investments launched its first project in 2013 with an installation on a pub in Boggabri NSW. Since then community investors have financed 12 projects across NSW and Victoria with a total capacity of 440 kW. Community investors get a return of between 6 to 9% depending on the terms of the contract. To date ClearSky Solar have raised over $650,000 in capital and have paid out $118,000 in quarterly payments to investors.