Crowdfunding is now becoming an increasingly essential source of financing not only for schools and business but also for green energy. Crowdfunding for renewable energy has already started making a tangible difference.
As the years pass by, we have witnessed and experienced a lot of barriers and challenges in the fast-paced industry of removable energy such as technical challenges, regulatory hurdles, and consumer acceptance. However, finance is one of the biggest struggles to its widespread change.
This is why crowdfunding for renewable energy easily became the new method of eliminating third parties, democratizing energy, and providing monetary and energy advantages to investors in a real sense. Here are the top 5 crowdfunding platforms that ensure the future of clean energy [Start your crowdfunding platform for renewable energy projects using our equity crowdfunding software.] :
Windcentrale is the biggest crowdfunding platform for green energy in the world. It was launched in 2010 in Netherlands. The aim of this platform is for investors to raise capital to acquire windmills and wind turbine to generate power for their households. The goal is to expedite their switch to clean energy in their country.
Abundance Generation was launched in 2009 but begun operating in 2012. It allows its investors to put their fund in various projects for alternative energy in the UK. It enables them to put in money from people of ages 18 and above. It operates in areas of renewable energy and also aims to undertake into the ethical and social benefits of it in the near future.
Mosaic has been launched in the US in 2013 and operates just like the Abundance Generation wherein investors are provided with returns that are generated through sales of solar energy from projects. It functions similarly to a green energy bank, solicits investments for solar grid projects, gives out loans to be paid within 10 years.
GenCommunity is a crowdfunding for renewable energy formed in 2013. It aims to develop as well as invest in clean energy projects that are socially beneficial and build community resilience and knowledge, support security and sustainable development, and most especially, lessen fuel poverty.
Solar Schools is renewable energy initiative that installs PV panels on rooftops of schools in Wales and England. It allows teachers, parents, and local communities to raise fund for the installation of a solar grid on the roofs of schools.
Read our another blog on on crowdfunding for Oil-Gas & Mining: Transforming the Industry.