(Photo sources: bettervest and ecoligo)
Brussels, Belgium – Crowdfinvesting proves to be an important source for closing the financing gap or complimenting grants for energy access projects. While it still remains a small fraction of overall investments to off-grid energy solutions, crowdfunding for decentralized energy businesses grew from $3.4 million in 2015 to $8.7 million in 2016; of which debt and equity campaigns represents more than 90% of the market. In line with these trends, RECP includes for the first time two crowdinvesting companies in its Funding Database: bettervest and ecoligo.investments.
Both companies are based in Germany and support project developers implementing renewable energy access projects across Africa. You can find more information on their financial support modalities and eligibility criteria, campaign design and implementation by visiting their respective entries: