Here Comes The (Third) Solar Crowdfund: CrowdSun

Here Comes The (Third) Solar Crowdfund: CrowdSun (via Clean Technica)Move over, Mosaic and SunFunder. There’s a new solar crowdfunding website in town—Crowdsun.com. The third online investment platform for financing solar projects bills itself as “Your solution to safe, green funding.” CrowdSun has already funded… … [Read more...]

New crowdfunding platform advances ocean energy technologies

New Crowdfunding Platform Advances Fast-Growing Ocean Energy Industry (via Ecopreneurist) Crowdfunding, as the darling of startups and new product launches across a wide range of industries, has been incredibly powerful for raising awareness and demand for all sorts of creative projects. Getting financial support for innovations in clean… … [Read more...]

UK firm plans to make mark in US as a full-service cleantech crowdfunding platform

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2014 may be a big year for the combination of crowdfunding and cleantech. Equity and debt-based crowdfunding platforms are ready to serve as legitimate ways for cleantech entrepreneurs and project developers to raise relatively modest amounts of capital. About a year ago, we looked at some of the potential platforms for crowdfunding cleantech. Some have been able to expand their platforms and … [Read more...]

What role will coal play under Obama’s Power Africa Initiative?

Photo courtesy of E&T Magazine

Yesterday, we talked about the limited amount of financing available for coal fired power after decisions by major lending institutions and development banks. Even today, news from the Washington Post showed that investing in the US is dangerous, as Southern Co announced shareholders will absorb nearly $1 billion in losses incurred while building a new coal-fired power plant in Mississippi. But … [Read more...]

Crowdfunding update: some states aren’t waiting for the SEC to act

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More than a year has passed since President Obama signed the JOBS Act into law, and as we have previously discussed, the SEC has yet to finalize rules that would allow companies to sell shares to unaccredited investors through crowdfunding platforms. The SEC has granted accredited investor platforms (such as AngelList and FundersClub) relief from imposing broker/dealer registration, but all … [Read more...]

The JOBS Act turns one, but many wonder when it will have an impact

The JOBs Act turned one year old last week, but many are still wondering if and when equity crowdfunding will be allowed for individual investors. The SEC has to date enacted just 3 out of 6 title provisions of the Act. Since both the SEC and FINRA are required to allow 60-90 days for public comments for any potential ruling, we may not see a final ruling on Title III (Crowdfunding) of the JOBs … [Read more...]

Cleantech crowdfunder Sunfunder wins Facebook’s ‘Cleantech Goes Social’ contest

At this week’s Cleantech Forum San Francisco 2013, Facebook and the Cleantech Group awarded the prize for the ‘Cleantech Goes Social’ contest, which aims to harness the power of the cleanweb and Facebook’s billion-person network to accelerate cleantech adoption and engage the public on sustainability issues. Facebook and the Cleantech Group awarded the first prize to SunFunder, a solar crowd … [Read more...]

Crowdfunding gets boost to open 2013 from Solar Mosaic

While many companies, platforms and investors are waiting on the SEC to adopt rules for implementing the crowdfunding provisions of the JOBS Act, solar financing innovator Solar Mosaic wasted no time and released a solar crowdfunding site for US investors. Although Solar Mosaic officially launched this week, the company has already financed six installations in the San Francisco Bay Area and … [Read more...]

Energy crowdfunding platforms are gearing up for 2013

When President Obama signed the Jumpstart Our Business Startups Act (the JOBS Act), many in the renewable energy business took notice. The law is designed to solve the major problem of financing small-scale business ventures, which could include community-based renewable energy projects. The JOBS Act may finally allow millions of regular investors to make a modest return by crowdfunding local … [Read more...]

Crowdfunding advocates believe rule-making still on track after shake-up at SEC

The leading crowdfunding organization had a swift positive reaction to recent changes at the head of the Securities & Exchange Commission (SEC). The SEC, along with Financial Industry Regulatory Authority (FINRA), has the task of implementing rules to govern crowdfund investing under the Jumpstart Our Business Startups Act (JOBS Act).  This past week, Mary Schapiro announced that she would … [Read more...]