Energy

ASSETZ CAPITAL LAUNCHES GREEN ENERGY INCOME ACCOUNT

ASSETZ CAPITAL LAUNCHES GREEN ENERGY INCOME ACCOUNT

CrowdFunding Beat UK, Assetz Capital launches new peer-to-peer product specifically for green loans New account reflects the growing demand for responsible and ethical investment The product has a target return of 7% gross pa, and is the first P2P renewable energy product to also incorporate a provision fund Assetz Capital has launched a new Green Energy Income Account, the first of several specialist investment accounts to be released and allowing lenders to invest in a diversified portfolio of renewable energy projects via the peer-to-peer platform. The account has a target return of 7% gross p/a, and lenders who want to invest into renewable energy projects such…

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Britain’s Biggest Social Crowdfunding Platform

Britain’s Biggest Social Crowdfunding Platform

By David Prosser, In Britain last week, 14.9 per cent of all electricity generated came from renewable energy sources. Meanwhile, India announced the commissioning of the country’s largest ever solar polar plant. And in the US, New York State unveiled a $250m funding package for renewables. All these updates – and there are many more – come courtesy of Trillion Fund, the British crowdfunding platform that specialises in raising money for renewable energy projects – and which has just reached a landmark of its own. The platform’s merger with fellow platform Buzzbnk, which focuses on the social enterprise sector, is set to create the UK’s largest…

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Free crowdfunding event for energy-based ideas in Cornwall

Free crowdfunding event for energy-based ideas in Cornwall

Cornish based energyshare and Crowdfunder have joined forces to introduce the concept of crowdfunding to community energy groups across the UK – starting in Cornwall. Cornish community groups, organisations and businesses with ideas for an energy or environmental project can attend a free crowdfunding workshop in Newquay on Thursday, September 5. The workshop will help them understand more about crowdfunding and how this could help turn their energy ideas into reality. Crowdfunder has already launched thousands of projects all over the UK and raised over £50,000 to crowdfund their ideas. energyfunder will enable people with a great energy idea to ask the crowd closest to them…

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What is the potential in the UK for Crowdfunding Renewables

What is the potential in the UK for Crowdfunding Renewables

In a recent interview, Greg Barker, UK Minister for Energy and Climate Change, described crowdfunding as “an incredibly powerful” funding model with the capacity “to help deliver my ambition for a far more decentralised energy system and achieve the goal of turning the Big Six into the Big 60,000”. It is the latest boost in what’s turning out to be a defining 12 months for crowdfunding in the UK. At the end of 2012 the nascent movement established its own code of practice, and earlier this month a major Parliamentary report into the future of Britain’s banking sector highlighted the benefits crowdfunding provides by offering an alternative to banks and introducing…

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Slingatron: US company tries to crowdfund giant space slingshot

Slingatron: US company tries to crowdfund giant space slingshot

File this Kickstarter project under “that’s so crazy, it… almost certainly won’t work”. A US company wants to herald a new era of space exploration by flinging things into space with a giant slingshot called the “Slingatron”. HyperV Technologies Corp calls it a “railroad to space” and is trying to crowdfund $250,000 (£165,000) for the project. Put simply, the Slingatron would hypothetically involve accelerating payloads around and around in an ever increasing-diameter circle until the payload was travelling fast enough to escape the Earth’s gravitational pull and fly into space. On Earth, that speed is 11km per second, or around Mach 30 (30 times the speed of…

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