corenafund.org.au - Home - CORENA - Citizens' Own Renewable Energy Network Australia

Description: CORENA's renewable energy fund helps non profits, community organisations & social enterprises tackle the climate emergency. Donate or apply now.

solar (5077) renewable energy (1397) climate action (88) climate emergency (35) people power (13) corena (5) community energy (4) revolving fund

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Close Home Join / Help Open menu Become a member Volunteer Subscribe to Newsletter Spread the word Events, Campaigns, Petitions… Donate Open menu Donate to a project Operations fund donations & memberships Gift cards Donation Impact Calculator Projects Open menu Apply for a project loan Completed projects About Open menu Contact Vision Who we are What we do Revolving fund FAQ What happened to the Big Win fund? In the media News Open menu Press releases CORENA is a non-profit organisation. Our powerful revol

Community organisations apply for zero-interest loans to pay for projects such as installing solar panels, improving energy efficiency, switching away from fossil gas use, or purchasing electric vehicles. The resultant savings on energy/fuel bills cover the loan repayments into our revolving fund. This means organisations can reduce their carbon footprint at no cost to themselves, and after their loan is fully repaid they reap the additional benefit of having lower operating costs.

We then invite everyone to chip in to help fund the project. We use those new donations and recent loan repayments from earlier projects to give a loan to cover the project costs. From 1/7/22, up to 20% of loan repayments will be set aside to help cover the cost of increasing our project delivery capacity.

Links to corenafund.org.au (9)