29 Apr '13, 1pm

Mosaic: Making Money from Solar and Beyond

Mosaic: Making Money from Solar and Beyond

"Up to this point, investing in clean energy has been dominated by a few banks, Google, Apple and Warren Buffett," said Billy Parish, co-founder and president of Mosaic, as we sat on the balcony of Mosaic's office overlooking the Oakland estuary , which connects with San Francisco Bay. "Mosaic makes it possible for all of us to participate." Mosaic offers investment opportunities to individuals who can earn a return between 4.5 percent and 6.8 percent over five to 10 years. It's akin to a bond or annuity, and the interest rates are more attractive than what you can score with CD and Treasury bills these days. The startup, founded in 2010, rolled out a new investment opportunity last week, a roughly $700,000 project to install 487 kW at the Wildwoods Convention Center in New Jersey. That is the third financing round for the same project, which raised about $597,000 during t...

Full article: http://www.renewableenergyworld.com/rea/news/article/2013...

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