The crowdfunding

From November 2023 to April 2024, people were able to write in and "reserve" share(s) in the crowdfunded rooftop solar installation, in a process called "forhåndstegning". 

Simply put, the process works such that people pay 100 kr per share (200 kr for 2 shares, and so on) to make a reservation, or subscription, which indicates that they would like to buy share(s) if the project gathers enough interest to proceed. We estimated that each share would be around 800-1000 kr. If the project does not gather enough participants, people will get their money back. 

Luckily, we have managed to gather enough interest for the project to happen. In total, 121 people have taken the reservation of 900 shares. 

Meanwhile, we have got offers from different companies for the installation of the solar panels. The board compared the offers and decided the company 1KOMMA5° Danmark would carry out the installations, and calculated each share will be 900 kr accounting for the cost of installation, insurance and other costs. The installation is completed in August 2024 and connected to the grid in September 2024. Ever since then, the installations are producing energy and delivering to the users in Nobelparken at Aarhus University.  

Some people have chosen to withdraw their reservation, so there are right now about 30 shares available. It is not too late to jump on the bandwagon. If this sounds something for you, please contact the board at uef.aarhus@gmail.com to find out how you can be part of this.