09 Apr '13, 3am

Mosic Sells Out California Solar Crowdfunding Projects in Hours

Mosic Sells Out California Solar Crowdfunding Projects in Hours

» Mosic Sells Out California Solar Crowdfunding Projects in Hours The Solar Site Design App for Installers Mosaic , which is using crowdfunding to develop solar and other clean energy projects, today (April 8) unveiled $100 million in solar projects that Californians can invest in directly. At the same time it launched its first offering in what it is calling the Golden State Series of solar projects in California, crowdfunding a 114 kilowatt array on the Ronald McDonald House in San Diego. The $157,750 project was funded within hours of its offering, signifying the public’s interest in supporting solar projects. Mosaic is getting more U.S. citizens to invest directly in solar projects. This is occurring as companies are trying to figure out new financing mechanisms for solar, like creating bonds and securities. Such tools will help lower the cost of solar because they can...

Full article: http://www.solarfeeds.com/mosic-sells-out-california-sola...

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