23 Apr '12, 2pm

Clean Energy Crowdfunding — Crowdfunding Wind & Solar Projects in the UK

Clean Energy Crowdfunding — Crowdfunding Wind & Solar Projects in the UK

The platform is aimed at individuals who are unable to install their own onsite wind turbines or solar panels but want to benefit from the returns of green energy projects. It will also be open to businesses, pension schemes, charities and other organisations. The original investment is paid back over the lifetime of the debenture, or as a lump sum at maturity. Resilient Energy’s project already has planning permission for a 500-800kW turbine it intends to install this year. Investments can range from £5 to £50,000 and Abundance has said it expects investors to get a rate of return of between 6.4 and 8.5 per cent during the lifetime of the project. Debentures will be issued on a first come, first served basis, and the offer will close once the target amount is reached. Early bird discounts will also be offered to people from the Forest of Dean or nearby area. … The company...

Full article: http://cleantechnica.com/2012/04/23/clean-energy-crowdfun...

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