29 Apr '13, 9am

Mosaic Opens Up Largest Solar Rooftop Project To Date To Online Investors

Pioneering solar photovoltaic (PV) crowdfunding platform provider Mosaic has opened its largest solar project to date to investors in California. Mosaic is looking to raise nearly $700,000 to fund installation of 487-kilowatt (kW) solar PV array on the roof of New Jersey’s Wildwoods Convention Center. Individual investors are snapping up opportunities to invest directly in solar PV projects via Mosaic’s online marketplace. Mosaic’s most recent solar PV project – a $152,700 loan to install a 114-kW solar PV array on top of the Ronald McDonald House in San Diego – sold out in less than six hours. In addition to helping the charitable foundation create clean energy and save money on electricity bills, the loan yields an estimated 4.5% return to investors. Image Credit: Mosaic Democratizing Solar PV Project Finance Located on New Jersey’s southern shore and within a day’s driv...

Full article: http://cleantechnica.com/2013/04/29/mosaic-opens-up-large...

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