Crowdfunding a renewable future
Wednesday, October 12, 2016 - 06:31
in Physics & Chemistry
One issue with small-scale, home-based renewable energy systems is that initial setup costs can be high. This puts such installations out of reach for some sectors of society, even if they could benefit financial in the long run with lower household bills. One solution to this is crowdfunding. In 2015, an estimated EUR 4.2 billion was raised through crowdfunding platforms in Europe. And increasingly, it is being used to finance the growth of renewable energy.