After presenting the legal framework of UK, we move on to examine Europe’s second largest crowdfunding market: France. The French crowdfunding market is a €253 million-worth market with seventy active platforms. Within the global renewable energy crowdfunding industry, French platforms like Lendosphere and Lumo are bright examples, having funded 12 and 6 projects respectively, according to Solarplaza’s Renewable Energy Crowdfunding Map. Although proper regulation was established only a year ago, the future of crowdfunding in France seems to be facilitated by a supportive legal framework. Below you’ll find an overview of France’s Legal Framework for Crowdfunding, conducted by Kramer Levin as part of our larger Crowdfunding Legal Framework Overview.
Last year, Solarplaza organized the first, annual, Renewable Energy Crowdfunding Conference. The event brought hundreds of attendees, investors, experts, and professionals with a deep interest in Solar Energy together to discuss industry news, events, and projects.
When talking about crowdfunding in Europe, the UK is without a doubt the most important and active market. According to Forbes, the UK crowdfunding industry had a net worth of €3.56 billion by the end of 2014, leading the continent. Quantified in money raised, the European crowdfunding scene raised €2.96 billion in total and the UK accounted for three-quarters of it.
Solarplaza asked legal experts from five prominent law firms and one European affairs consulting firm to put together reports from their jurisdictions, and the result is an compact, yet impressive report of the crowdfunding legal frameworks across the most important crowdfunding markets in the world right now.
Regulatory frameworks are being established across the EU that will allow for the rapid growth of the sector over the rest of the decade. At the local level, crowdfunding looks set to flourish; but what are the current regulations in the different European countries? And how easily can these be harmonized to enable investment across borders?
Since its appearance, RE crowdfunding helped financing more than 300 projects in the world, raising capital for over €165 mln. It proved to be a competitive source of capital, a democratizing force for the energy markets, and eventually an accelerator of the transition towards a greener economy.
The renewable energy crowdfunding industry is going mainstream in the UK, and the regulatory frameworks are being established across the EU that will allow for the rapid growth of the sector over the rest of the decade.
BERLIN, April 23 (Reuters) - The German parliament approved tighter rules on Thursday for firms selling financial products, including online platforms that support fledgling businesses through crowdfunding, in order to protect small investors against heavy losses.
Taiwan-based Winaico has been selected as the module supplier for a large housing project in Berwickshire, Scotland. The crowdfunding program to install solar on almost 750 residential roofs of the Berwickshire Housing Association (BHA) has raised over 1 million British pounds of the 3.1 million pound-target since fundraising began last fall. Abundance Generation is hosting the crowdfunding effort.
Worldwide crowdfunding reached $16.2 billion in 2014, up from just $6.1 billion the year before, according to research and advisory firm Massolution. (The figures include various types of crowdfunding including models based on donations, rewards, lending, royalties, equity, or a hybrid version.)
With the rise of platforms like Kickstarter, Indiegogo, and Patreon, it's tempting to think of crowdfunding as an internet-only phenomenon. But the concept goes back a lot further than that. The Statute of Liberty, Martin Luther's books, and even Confederate warships were crowdfunded. These four examples show that fancy technology isn't necessary for a good crowdfunding campaign — all you really need is passion.
In the past clean-tech start-ups would focus on gaining funding from business angels, venture capitalists or large financial institutions, investing large amount of capital with the expectation of a big and quick return. Today digital crowdfunding platforms enable members of the public to invest almost any amount in a wide range of businesses and projects.
SAB, a subsidiary of the Amsterdam based renewable energy firm Sunrock Investments, offers the first solar bond on the independent crowdfunding platform www.duurzaaminvesteren.nl. In its short history, the platform has raised over €1.4 million for three different wind parks.
The very first conference dedicated solely to crowdfunding of renewable energy was held in London the 30th October. Inspirational presentations, success stories, future visions, passionate participants and one big common goal: the event gathered over 150 participants who all see crowdfunding as a means of advancing towards cleaner energy production. Jukka from Joukon Voima was also present in the event organized by Solarplaza to get hold of what’s happening among the pioneers of the field.
Technology moves fast. Just a few of years ago crowdfunding would have been a term that only fintech enthusiasts and start-up ventures would have been very familiar with. But what a difference a couple of years can make. Far from a niche subcategory of alternative finance, crowdfunding is now a real heavyweight contender and a threat to traditional finance and lending institutions. From generating capital to boost business ideas, make feature films and even restructuring the UK's energy mix, crowdfunding really is changing the finance sector.
London, 22 October 2014 - Four of the world’s top renewable energy crowdfunding platforms have confirmed their place at Solarplaza’s Renewable Energy Crowdfunding Conference at Dexter House, London on 30th October 2014.
The investment climate for renewable energy is slowly changing towards micro financing ,and that can be seen with the emergence of new ventures in crowdfunding. The following platforms are the upcoming new platforms in the field of renewable energy crowdfunding ,all aiming to create a sustainable future, in terms of the economy and environment.