A renewable energy cooperative is a type of cooperative that is owned and controlled by its members, who are involved in the renewable energy industry. These cooperatives are established to promote the development and use of renewable energy sources, such as solar, wind, hydro, and geothermal energy.
The goal of renewable energy cooperatives is to provide their members with access to clean and sustainable energy, while also promoting the responsible use of resources and the well-being of their communities. By pooling resources and working together, renewable energy cooperatives are able to develop and implement renewable energy projects at a lower cost than they would be able to access as individuals.
Renewable energy cooperatives can also play an important role in promoting the sustainability of the energy sector and supporting the transition to a low-carbon economy. Additionally, by providing their members with access to clean and sustainable energy, renewable energy cooperatives can support the development of local communities and reduce their dependence on non-renewable energy source