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newsMar 26, 20261:35

Goulburn's Solar Revolution: Community-Owned Farm

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Goulburn, Australia, unveils a community-owned solar farm, a 1.4 MW project with 2300 panels and a 4 MW battery, powering 500 homes. Locals invested $3.2M, with dividends around 5% and profits supporting struggling community members. After 12 years, this mid-scale effort showcases the potential of community-led renewable projects.

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Goulburn's Solar Revolution: Community-Owned Farm

Sydney News Today | 2 Min News | The Daily News Now!

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Sydney News Today | 2 Min News | The Daily News Now!Goulburn's Solar Revolution: Community-Owned Farm. Machine-transcribed; use the interactive transcript above to jump the player to any line.

It's March 26th, welcome to Sydney News today, powered by AI. In the rural New South Wales town of Golburn, frustrated residents took climate action into their own hands by building a community-owned solar farm. This 1.4 megawatt project features 2,300 panels and a 4 megawatt battery, enough to power about 500 homes. It's one of the largest community solar setups in Australia, and the first to include a battery for storage. Nearly 300 locals invested a total of $3.2 million, with contributions from $400 for a single panel up to $100,000, a $2.3 million stake grant helped get it off the ground. Now run as a cooperative, every investor has an equal vote, no matter their stake. Locals say it brings a real sense of control and belonging during uncertain energy times. Providence around 5% will flow back to shareholders, while some profits support community members struggling with power bills.

Sheep farmers and families alike feel emotionally tied to the project, seeing it as a step toward renewables. Bureaucratic hurdles slow things down, turning a 6-week approval into 18 months near the rail line, plus COVID delays. All told, it took 12 years. Experts call these mid-scale efforts the missing middle between big developers and home panels, with groups now mentoring others. Demand is growing, as 26 communities apply for just 5 spots in a recent program. Govern's success shows patient locals can harness the sun for their future, and light the way for more projects nationwide.

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