Crowdlending for renewable energy and energy efficiency projects gets financing
27/10/2015
Diego Gutiérrez
Crowdlending for renewable energy and energy efficiency projects gets financing
The Spanish crowdlending platform for energy efficiency projects Ecrowd has just received its first round of funding of €156,000, joining the wave of platforms specialising in the renewables sector that have received funding in the last year. It seems that energy efficiency and renewables are finding in crowdlending a new funding opportunity.

 

 

Crowdlending platforms focused on the energy sector

We start by highlighting Sunfunder because among its investors we find the Spanish venture capital firm Perseo, owned by Iberdrola. Sunfunder is a crodlending platform that aims to connect individual investors with businesses in the solar energy sector to finance solar projects in communities around the world, especially in low-income areas where they do not have access to

Iberdrola invested 660,000 in this platform in February 2015 as part of the "Electricity for All" programme to promote access to electricity in emerging and developing countries, as it is estimated that there are currently more than 1.3 billion people without access to essential energy services.

Trillion fund  is a crowdfunding platform that was born in Great Britain in 2010 and is focused on renewable energy projects. In April 2015, it received a round of funding of $825.21k led by Seedrs.

 Another specialised platform is Abudance generator, a London-based company founded in 2009, which manages to raise small amounts of 5$ from many contributors for renewable energy projects.

Ecrowd, Spanish platform for renewable energy projects

Spain is also seeing the emergence of crowdlending platforms more focused on the energy sector. In the last quarter, one of these, Ecrowd, has gained the support of investors through the Crowdcube platform.

Ecrowd is a crowdfunding platform dedicated exclusively to projects that lead to an improvement of society and the environment. Its founder, Mathew Van Haperen, has worked for more than 6 years in the renewable energy sector as founder/director of Solariza Energía.

Its financed projects include several fibre optic installation operations in different towns and villages, as well as a campaign to remove biomass from Catalan forests. It is also currently involved in the 100schools.org which aims to bring energy efficiency to a large number of educational centres.

Other posts that may interest you

What's new in crowdlending

Crowdlending platforms get funding 

Crowdlending is beating the banks to the market. 

 

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