GridShare has announced the launch of its independent crowdfunding platform to help renewable energy projects and cleantech companies raise capital. GridShare is an online platform where renewable energy project developers and cleantech companies from around the world post their funding needs.
Potential investors can peruse investment opportunities in a variety of renewable energy sectors. GridShare also intends to host funding opportunities for energy efficiency initiatives and early-stage clean technology ventures. Initial offerings on GridShare.com include a $250,000 secured debt offering for a community solar project, a $350,000 equity offering for a floating solar project, and a $100,000 secured debt offering for a community wind project. Posting a project on GridShare is free and easy. Once the GridShare team approves the project, it will be published online. Investors will then have the opportunity to review the project details, and invest online.