People Can Be Business Partners in Building Solar Power Projects By Crowdfunding

People Can Be Business Partners in Building Solar Power Projects By Crowdfunding

There are two common categories of crowdfunding that are more popular than others, Donation-based Crowdfunding and Reward-based Crowdfunding. In the former type of funding campaign, no benefit goes back to contributing persons, meaning pure donation to support the cause. However, in the latter type of funding, the contributors to the campaign can expect to receive varying levels of “rewards” that correspond to the amount of money they contribute.
As an example of the latter, the Allianz Crowdlending fund will direct the citizen loans (contributors money in the bank) towards building a floating solar plant in the Piolenc municipality –a one-hour drive north from Marseille— in France. The floating plant is the first & largest of its kind in France. The project will feature 47,000 solar panels across 17 hectares and bring CO2 savings equivalent to 1,093 tonnes.
The crowdfunded floating plant will sell its power directly to Swiss energy aggregator E6, with additional revenues set to come via France’s premium tariff scheme.
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Source:@Solar_Edition
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Date: Oct 07, 2019 @ 10:11

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