renewable energy community
as defined in Directive (EU) 2018/2001 of the European Parliament and of the Council of 11…, Article 2, point (16) (Definitions)
a legal entity: (a) which, in accordance with the applicable national law, is based on open and voluntary participation, is autonomous, and is effectively controlled by shareholders or members that are located in the proximity of the renewable energy projects that are owned and developed by that legal entity; (b) the shareholders or members of which are natural persons, SMEs or local authorities, including municipalities; (c) the primary purpose of which is to provide environmental, economic or social community benefits for its shareholders or members or for the local areas where it operates, rather than financial profits
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Also defined in
- Regulation (EU) 2023/955 of the European Parliament and of the Council of 10 May 2023 establishing a Social Climate… 32023R0955, Article 2, point (17)
a renewable energy community as defined in Article 2, point (16), of Directive (EU) 2018/2001 - Regulation (EU) 2018/1999 of the European Parliament and of the Council of 11 December 2018 on the Governance of the… 32018R1999, Article 2, point (26)
renewable energy community as defined in point (16) of Article 2 of Directive (EU) 2018/2001