Invest in solar power for just $25
In the last few years peer to peer lending and crowdfunding have blossomed. While it's great to crowdfund the latest cool product that lets you cut down on using plastic or turns your regular bike into e-bike, it's infinitely cooler tocrowdfund the shift to renewable energy.
Mosaic calls itself an online marketplace for solar. Basically the company provides debt financing to solar projects and lets individual and institutional investors buy shares in a project until it is funded. When projects are complete, the company sells power to a solar customer via a long-term contract, and shares returns of approximately 4.4 - 6.36% with its investors. Investment capital is paid back along with the interest over a 5 - 10 year period.
Now Mosaic wants to take that concept to larger number of potential investors with a new incentive - the company will give new investors $25 once they make their first investment (minimum investments are $25).
Once a new user sets up a Mosaic account and finds a qualified project to invest in, Mosaic will add $25 to the amount invested.
3TIER and IRENA Collaborate to Give Researchers Access to Better Renewable Energy Information
Today 3TIER made wind and solar information from its global datasets publicly available through IRENA's Global Atlas in support of research and advocacy groups around the world. The advanced datasets will inform policy makers, investors, and other researchers in country to continent-scale studies.
AWEA Statement on U.S. Fish & Wildlife Service's Eagle Permit Tenure Rule
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TerraSmart Ground Mounts
When the same old racking solution is no longer relevant, discover a turnkey ground mount racking solution that does what it's supposed to do: quicken installation times.
Hannover Fairs USA and Canadian Wind Energy Association Announce Long-Term Partnership
"The partnership with CanWEA represents a further investment in HANNOVER MESSE's growing global energy event platform, as well as an important strategic business initiative"
Enphase Powered Solar Project Nears 2GWh Production Milestone
Two adjacent 575kW solar farms in Canada maximize energy production with reliable Enphase microinverters
PNE WIND sees prospects for offshore wind energy on Germany's coastline
PNE WIND AG is currently working on twelve offshore wind farm projects
Africa: Schneider Electric partners with DONG Energy for a more sustainable energy supply of remote islands in Africa
In Africa alone, at least 300 remote islands distanced from mainland grids exist
Radiance Solar Completes 1 Megawatt Solar Power Installation at Shaw Industries Manufacturing Plant
Financial Model for Solar Power Accelerates Adoption for Georgia Businesses
Easy-to-Install Designs Drive North American PV Mounting Systems Market to exceed U.S. $1.5B in 2018, According to Wolf Research
Innovative and durable designs that reduce part counts and speed installation time of PV systems are key differentiators for growing market share
TRA Snow and Sun Acquires Remaining TRA-Mage Solar Mounting Products
TRA-Mage has ceased doing business and has sold all remaining solar mounting products to
their former partner, TRA Snow and Sun.
SolarCity Introduces Energy Storage for Businesses
SolarCity DemandLogic™ integrates intelligent management software and Tesla battery technology to reduce businesses' peak demand, provide backup power during outages and potentially save thousands on energy costs
SEIA Applauds White House Efforts to Boost Use of Renewable Energy
Today, solar is one of the fastest-growing sources of new energy in the United States and recently surpassed 10 gigawatts (GW) of installed capacity in the United States – enough to power more than 1.7 million American homes.
EPA's ethanol decision hurts Michigan farmers, consumers and communities
Michigan Corn Growers call on EPA to protect Renewable Fuel Standard
SolarCity, Using Tesla Batteries, Aims to Bring Solar Power to the Masses
SolarCity—a company that’s grown quickly by installing solar panels for free and charging customers for the solar power—announced a new business that will extend that model to providing batteries for free, too. SolarCity is a rare success story for investors in clean technology, and its business model has sped the adoption of solar panels.
The batteries could help businesses lower their utility bills by reducing the amount of power they draw from the grid. They could also help address solar power’s intermittency, which could prevent it from becoming a significant source of electricity. The batteries are being supplied by Tesla Motors, whose CEO, Elon Musk, is SolarCity’s chairman.
Other solar companies have failed in recent years. But SolarCity’s business model has helped it grow quickly. It had a successful IPO a year ago, and its stock price has risen from its IPO price of $8 to over $50 today.
CEO Lyndon Rive says that eight years from now, the company might not be able to continue selling solar panel systems unless it packages them with batteries, because of the strain on the grid that solar power can cause. “It could be that, without storage, you won’t be able to connect solar systems to the grid,” he says.
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