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GridShare launches crowdfunding platform for renewable energy projects

GridShare LLC has launched an independent crowdfunding platform to help renewable energy projects and cleantech companies raise capital.
GridShare launches crowdfunding platform for renewable energy projects

In a written statement, the company said its online platform will enable renewable energy project developers and cleantech companies from around the world post their funding needs.

Potential investors can then peruse investment opportunities in a variety of renewable energy sectors, including: solar, wind, geothermal, and biogas. The site will also host micro-hydro projects, green building initiatives, and cleantech companies that are raising funds to develop alternative energy technologies or expand their existing green businesses.

There are three different types of investment opportunities offered on GridShare: debt, equity, and donations.

Accredited investors (i.e., high net-worth individuals) can browse projects online, read pertinent information about the venture, and then pledge funding in exchange for equity or interest.

Non-accredited investors can donate (without equity) in any project or company that offers this option. As soon as the JOBS Act is finalized, all users will be able to invest freely for equity online.

For additional information:

GridShare LLC

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