The big picture

Solar for Schools believes that the next generation is key to us reaching our sustainability goals as a society, so they install clean-energy generating solar panels on school rooftops around the UK. These panels fund sustainability education programmes while making substantial savings for the schools on their energy bills. Their projects are funded by a community of socially-minded investors. 
 
To date, installations by Solar for Schools have generated 19,228 MWh of solar electricity, enough to drive an electric car around the world 2,399 times. This has avoided 7,802 tonnes of CO2 and inspired over 79,872 students to fight climate change, starting with the installation of clean solar energy on their schools! 

The big raises

To support their mission, Solar for Schools has raised finance through issuing Innovative Finance ISA eligible bonds via the Ethex platform six times. Access to flexible and affordable people-powered finance over the past 3 years has enabled Solar for Schools to sustainably scale and grow their business. 

As an 
organisation, Solar for Schools has developed strong relationships with investors by delivering solar projects for schools and making regular repayments. This means that when they require further finance for pipeline projects, they have confidence that they can source this through their community of investors.
 

  • In 2017, 46 people invested £250,000 in bonds which funded solar panels on 7 schools and mitigated about 90 tonnes of CO2 a year since then 
  • In 2018, 3 successful bond raises provide £1.25 million of investment for more schools 
  • In 2019/20, a further £1.5 million was raised, including £400,000 invested by 30 people in just 3 days.  
  • In total solar on 60 schools has been funded via Ethex. 

“Raising finance via Ethex was a no brainer for us. Their engaged and committed investors are the types of people that any sustainable businesses would want to engage with. The whole Ethex team is committed to ensuring your investment raise is successful and they’ll always go the extra mile.

Robert Schrimpf Co-Founder & Director

Investments offered on the Ethex platform are not readily realisable, which means that they may be difficult to sell and you may get back less than you originally invested. Investments are not covered by the Financial Services Compensation Scheme (FSCS) and returns are not guaranteed. If you are in any doubt, you should contact an Independent Financial Adviser.

Investments offered on the Ethex platform are not readily realisable, which means that they may be difficult to sell and you may get back less than you originally invested. Investments are not covered by the Financial Services Compensation Scheme (FSCS) and returns are not guaranteed. If you are in any doubt, you should contact an Independent Financial Adviser.