YCE’s projects provide both opportunities for local ownership through share offers and funding of local environmental and social improvements through the community fund.
The Newton Downs community solar farm is anticipated to generate a minimum of £20,000 per year to support local community projects.
The community fund will be managed and distributed by YCE, with independent trustees drawn from members. YCE will be consulting its members and local stakeholders on the criteria for use of the fund and its governance arrangements.
Funding will be open to any community organization operating within the Yealm area.
Applications will be expected to meet the criteria described below and evidence widespread community support, such as from Neighbourhood Plans. Projects should benefit communities in the parishes of Brixton, Holbeton, Newton & Noss, Wembury, and Yealmpton.