Amsterdam ArenA is known for its use of solar and wind energy. That’s great, but who said only big venues can make good use of it? Now everyone can buy a piece of Volendam stadium’s photovoltaic roof.
After the success of their first solar-stadium initiative in Groningen, now the 1miljoenwatt campaign moves to Volendam. Here a solar power plant will also be built on top of the local stadium.
The total investment should reach €120,000 and will be crowd-funded. This means everyone locally may take part in the project, investing in one of 14 available packages. Lowest one is priced at €25, €450 buys you a single panel and €7,200 produces enough power to supply a household with.
What’s the investment idea here? Every year, based on the panels’ efficiency and energy prices, every participant receives from 3.1% to 5.4% of their investment back. And after 24 years the entire sum they’ve invested is also given back to them.
This sounds like a good deal, which is why after several first days already over 10% of the Volendam roof is paid for. In total the roof will generate enough clean energy to power nearly 70 households every year.