Green & Ethical Investment News and Suggestions

ASavvyBuyer

Coastalwatch said:

ASavvyBuyer said:

Nige posted this in another topic, but I thought it was worth adding here:

NigeWick said:

I could afford to be an early adopter so have a solar system, diverter for hot water, Tesla PW2 so I can go off grid if there's a power cut and a BEV.

My view is, If you're not going to be moving for several years and if you can afford it, do it.  An alternative is buying part of a wind farm through https://rippleenergy.com/ as it will save a bit of money on electricity and you can take it with you if you move. Disclaimer:- I have bought shares in the company and will be buying part of their first trial generation as my solar doesn't produce enough to completely power the car as well as the house with battery.

I have had a look, and it looks quite an appealing idea.

Comparing it to the cost of adding more solar PV, it appears more economical.

For example, to add about 4kWp solar PV, producing about 3MWh/year, would cost about £4k; to buy a share in a windfarm, to produce about the same/year is estimated to cost about £2k, and as I understand it, with the capital returned over a 20 year lifetime.

The credits on the electricity account, I work out at more than £100/year, so at least a 5% roi.

Thanks both for posting, it's certainly an alternative to PV and/or Battery storage with a similar term for ROI. I'm keen to encourage any investment in renewable energy generation so have registered our interest in taking part also. Don't think we'll be putting any of our pension fund EDF's way!

This offer has gone live today. The wind turbine will be in South Wales, not that far from where Mart & we live.

Initial period for application is 6 weeks, unless oversubscribed.

Details can be found here.

Coastalwatch

ASavvyBuyer said:

Coastalwatch said:

Thanks both for posting, it's certainly an alternative to PV and/or Battery storage with a similar term for ROI. I'm keen to encourage any investment in renewable energy generation so have registered our interest in taking part also. Don't think we'll be putting any of our pension fund EDF's way!

This offer has gone live today. The wind turbine will be in South Wales, not that far from where Mart & we live.

Initial period for application is 6 weeks, unless oversubscribed.

Details can be found here.

Cheers ASB, came on to announce we've made our first investment in a wind turbine to find you've beaten me to it.  Anyway delighted to have secured our little portion. It would seem ROI should take about 9 years into it's 20/25 year life. Hopefully it will get well supported so they can build another. After all it wouldn't do to let the City and Finance sector have the monopoly on Energy generation.

Just got to keep the ol' ticker going long enough to collect on it! If not, the Mrs and children will inherit the remainder, so it shouldn't go to waste!

ASavvyBuyer

There is another community wind turbine share offer to be launched soon, here.

https://grannellcoop.org.uk

ASavvyBuyer

Coastalwatch said:

ASavvyBuyer said:

Coastalwatch said:

Thanks both for posting, it's certainly an alternative to PV and/or Battery storage with a similar term for ROI. I'm keen to encourage any investment in renewable energy generation so have registered our interest in taking part also. Don't think we'll be putting any of our pension fund EDF's way!

This offer has gone live today. The wind turbine will be in South Wales, not that far from where Mart & we live.

Initial period for application is 6 weeks, unless oversubscribed.

Details can be found here.

Cheers ASB, came on to announce we've made our first investment in a wind turbine to find you've beaten me to it.  Anyway delighted to have secured our little portion. It would seem ROI should take about 9 years into it's 20/25 year life. Hopefully it will get well supported so they can build another. After all it wouldn't do to let the City and Finance sector have the monopoly on Energy generation.

Just got to keep the ol' ticker going long enough to collect on it! If not, the Mrs and children will inherit the remainder, so it shouldn't go to waste!

This one makes our 3rd investment in Wind Turbines, as we have already got shares through Abundance on 2 other wind turbine schemes with a similar rate of return.

JKenH

This is an interesting article on investing in renewable energy funds. 

https://www.moneyobserver.com/renewable-energy-investment-trusts-retain-appeal-among-income-investors

The problem for me is that a lot of these RE focussed investment trusts are priced at a premium to net asset value. I don’t think the future prospects justify paying over the net asset value. 

As the article says 

Since then, the outlook for the power price has arguably deteriorated further due to the corona-induced reduction in corporate activity and the plunging oil price. If the UK government’s recent proposal to allow more onshore UK wind turbines increases supply from that quarter, it will further exacerbate the downward pressure. Meanwhile more of the funds are warning that they may not be able to keep increasing dividends in line with RPI, with two already having dropped that commitment. 

I believe a lot of us here are aware of the ever increasing efficiency of the latest RE and and one wonders why anyone would want to invest in the old technology installations which effectively what one is doing with these funds. The attraction of course is the current yield but in the long term if what we have heard about how the new technologies are so much cheaper to deploy is true these yields will eventually fall off a cliff and in turn so will the asset values. It is not only fossil fuels and ICEVs that will lose out to the onward march of ever more efficient RE technologies.

I wonder if the same risk might apply to cooperative schemes. If electricity prices do fall will the value of one’s shares fall with them?

Coastalwatch

annex59 said:

I just wonder what the best bank or building society is for my investments
I have just inherited some money and have no idea aobut any of this - can I get an ethical financial advisor - how would I do this?
Sorry but I am very unused to any of this and don't wnat my money to add to the damage we are doing to our world - I'd rather put it under the floorboards 😀
thank you 
ann

Coincidentally Ann, I've just watched a webinar on one of the major banks which is aiming to be net zero by 2025.  Apparently they had set up a team internally to reduce emmisions four years earlier which achieved 61% savings. Achieving Net Zero is quite another step apparently and a specialist company were engaged to help them in the final push to achieve their goal with the important backing of the CEO.

The webinar is an hour long but worth a glimpse if only to satisfy yourself of their green credentials.

They are getting their own house in order before encouraging suppliers and customers to follow them along this path.

With the scientific modelling from the 1070's now proved to be the case in 14 out of 17 cases I found the first six minutes compelling and well worth viewing.

https://www.brighttalk.com/webcast/10003/406688?player-preauth=JFIi2MCkHpXan642xNZ7ovJOfVsjUCe+bRd8zFmOYMU=&utm_source=brighttalk-recommend&utm_campaign=network_weekly_email&utm_medium=email&utm_content=collab&utm_term=222020

silverwhistle

It looks like the active divesting from fossil fuels could be an economically positive move let alone the environmental aspect:

https://www.theguardian.com/business/2020/jun/04/coronavirus-crisis-collapse-fossil-fuels-demand

NigeWick

ASavvyBuyer said:

This offer has gone live today. The wind turbine will be in South Wales, not that far from where Mart & we live.

Initial period for application is 6 weeks, unless oversubscribed.

Details can be found here.

I bought in as soon as I saw the email from Ripple. One son in law and I met Sarah Merrick at Fully Charged Live last year and I suspect he will be buying into it too.

Coastalwatch

NigeWick said:

ASavvyBuyer said:

This offer has gone live today. The wind turbine will be in South Wales, not that far from where Mart & we live.

Initial period for application is 6 weeks, unless oversubscribed.

Details can be found here.

I bought in as soon as I saw the email from Ripple. One son in law and I met Sarah Merrick at Fully Charged Live last year and I suspect he will be buying into it too.

Just received notice of a webinar on the offer timed for 7pm this evening. A question and answers section is to be included so should prove interesting. I've added the link sent to me below but no idea if it will work from here. In any case you will need to have uploaded Zoom before hand to take part. A link for this did appear when I tried it earlier!

https://us02web.zoom.us/j/84233659787?status=success

Martyn1981

Just a news item on green based funds, not a suggestion.

Foresight global fund shows stellar performance in first year

Foresight Global Real Infrastructure Fund, which invests in renewable asset owners, has outperformed competing indices in its first 12 months.

The fund has surpassed its target performance of UK consumer price index (CPI) +3%, achieving a total return of over 18.51%.

The fund has provided a yield of 4.12% over 12 months exhibiting “significantly lower” volatility levels than higher risk asset classes such as high-yield debt, said Foresight.

The fund has consistently outperformed the global equities and infrastructure indices as well as other global listed infrastructure funds, with the FTSE All World Index returning 7.13% over the same period.

“Year to date, in the most challenging of market conditions, the fund has demonstrated robust resilience generating positive returns of 3.28% against the negative performance of FTSE All World (down 7.72%) and FTSE All Share (down 15.99%),” Foresight stated.