Crowdfunding - Solar



How does MOSAIC work?

Launched in 2013 , Mosaic has made more than 6 Million euro in a very short span of time. The platform provides investors with returns generated through the sale of the solar energy generated by the project. The company functions like a virtual renewable energy bank, soliciting investments for solar projects and giving out loans that are to be paid back, typically, over about 10 years. The platform allows investors to invest from $25 on and provides them with returns of an average of 5%. The platform has become a major player in its own right in the solar PV market where more and more investors have become interested in crowd financing models for their solar projects. It has drawn a lot of attention from the media, and is usually being refferred to as the ‘kick starter’ for solar (for instance, by well known ‘techie blog , TechCrunch).

Mosaic is changing the way solar in the U.S. gets financed. The company’s crowdfunding platform allows both accredited and non-accredited investors to finance small-scale solar projects across America. Through these projects, the Mosaic community has placed solar panels on bee farms, charter schools, convention centers, and military housing across the country. Currently Mosaic’s investments are limited to residents of California or accredited investors who are residents of the United States.

Mosaic first grabbed headlines as a scrappy solar financing company that raised money from retail investors who put up as little as $25 to fund commercial solar projects. By 2014, however, the company had shifted its focus to the fast-growing residential sector and raising funds from institutional investors. Two years later, Mosaic said it aims to originate $1 billion in home solar loans in the next year.

How does RE-volv (US) work?

RE-volv has a revolving solar energy fund called the Solar Seed Fund that finances community-based solar energy systems for nonprofits and cooperatives in the U.S. For example, a community center leases solar equipment from RE-volv for 20 years, during which time the cost of the solar installation, plus a small fee, is recouped by RE-volv. RE-volv continually reinvests this money back into the Solar Seed Fund to serve more communities with solar energy. This allows RE-volv to finance 3 to 5 additional solar energy projects from the proceeds of every project financed.

Raising capital for nonprofits and cooperatives exclusively, RE-volv has raised over $121,000 spread across nearly 900 donations in 38 states and 22 countries over the course of its first three Indiegogo crowdfunding campaigns. That investment capital is being used to finance a total 68 kilowatts of community-based solar PV projects.

By raising tax-deductible donations, RE-volv covers the initial costs of a 20-year solar lease. Communities repay RE-volv over time via another lease agreement. Those returns, plus interest, are re-invested by RE-volv in new projects, in effect creating a revolving fund for financing community-based solar energy projects by nonprofits and cooperatives.

How does CollectiveSun work?

CollectiveSun is a hybrid between Mosaic and RE-volv. It offers secure investments in solar with great returns for investors, but the solar projects it finances help 501©3 nonprofits switch to solar to save on energy expenses, stimulate engagement with members, and support their missions. Check out CollectiveSun’s projects to see all the nonprofits you can help today with a solar investment.

How does SunFunder (global) work?

1.3 billion people live without electricity. Life without electricity means they rely on kerosene lamps for lighting at home, which are expensive to refuel and emit toxic fumes when in use. It means children can’t study or do homework at night because of inadequate lighting. It also means people have to use car batteries or walk miles to a charging station to charge their cellphones. However, solar technology costs have fallen so much in the last 5 years that it’s now affordable for low-income communities in developing countries. On SunFunder, anyone anywhere in the world can invest in a solar project in countries like the Philippines, Uganda, Kenya, Tanzania, and Zambia and get repaid in about a year. If you’re looking to help the global poor with solar, investing in a SunFunder project is the way to go.

Sunfunder, which is not approved by the US Securities and Exchange Commission, funds solar projects outside the US. Sunfunder can accept investments all over the world, but cannot return interest.

How does CrowdSun work?

CrowdSun has already funded over $2 million across 11 campaigns, two of which have hit the 100% mark so far. The company’s first project reportedly raised $300,000 in three days. From the company President & CEO, Mark Yegge:

Most investors in solar projects are the big-money institutions, and they are privy to stable solar investments that can earn anywhere from 4% to 20% annually—until now. Smaller investors can now take advantage of the shift to green solar energy through our crowdfunding site.

According to PV Tech, like Mosaic (which had received over $5.6 million from more than 2,500 investors by November 2013), claims to offer careful project review and interest on investments at a higher rate than currently offered by banks. (Projected annual rates of return for solar crowdfund investors typically run between about 4.5% and 10%.)

What do we know about TRINE?

The company has built a crowdfunding platform aimed at sponsoring solar energy projects in the developing world. The team launched their own crowdfunding venture in November to build capital through Fundedbyme. With a goal of raising 30,000 EUR, they were overfunded within a few hours and eventually succeeded in bringing in 71,000 EUR by the end of the campaign on December 1 with matching funds coming in from Nordic-centered energy company Fortum. According to TRINE, they will only take in 30,000 EUR now for this round, with the intention of allowing those who did not take part the first crack at their future projects.

What do we know about Wunder Capital?

Started by 3 guys ( Sam Beaudin, Bryan Birsic and Dave Riess ).

What do we know about GridShare?

GridShare will make its money via a commission from the offeror only if its funding goal is fully achieved. GridShare also offers optional services for users that prefer to sell securities through a registered broker/dealer, conduct legal transactions under the guidance of an experienced law firm, and/or develop their materials with the help of a marketing professional.

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