Tresoc to make an operating profit in 2016

Tresoc’s AGM will take place on Wednesday, December 2nd, 7pm at St John’s Church, Bridgetown, TQ9 5AJ.  ALL WELCOME.  See what your investment has helped to achieve and what we’ll be doing next year.  Shine 1 and 2 were completed by late summer, Shine 3 has launched – solar on 15 additional properties will be registered before FIT payment rates are reduced in January.  The purchase of Hatchlands array is moving towards completion and we’re lining up hydro projects to give us excellent prospects for future growth. Here’s our 2015 AGM agenda and Directors’ Report. Highlights:

  • Member interest announcement
  • Guest speakers: Dr John Green, new Green District Councillor & Dan Hird, Head of Corporate Finance, Triodos Bank
  • Policy Director Olly Frankland’s quick guide to recent Government actions
  • Engineering Director Alastair Gets unveils our new data monitoring platform (working with local company, Argand Solutions)
  • Beer from New Lion Brewery

AGM success and next steps

GREAT NEWS! TRESOC members voted almost unanimously to accept bank loan finance and release our Share Issue investment of £258,000. As a result, we are now 1) progressing with Charity Bank loan documentation and 2) moving forward with the SHINE project – solar on the roofs of 77 Housing Association homes across the area. Next will come the purchase of the roof-mounted 50kW array at Hatchlands Farm. Then we can turn our attention to hydro and start organising our Creative Conversations, where we’ll open up the dialogue about the what, where, why and how of Community Energy.

View the minutes of the AGM and Director’s Report.