News

The crowd says yes to financing renewable energy

March 23, 2016 • By TAB team


With WITT Energy passing its £750,000 crowdfunding target earlier in the week, we were pleased to see another example of the crowd finance industry supporting renewable energy initiatives. With this in mind we thought it'd be fun to share a selection of other renewable energy raises that crossed the £750,000 threshold.


With WITT Energy passing its £750,000 crowdfunding target earlier in the week, we were pleased to see another example of the crowd finance industry supporting renewable energy initiatives. With this in mind we thought it'd be fun to share a selection of other renewable energy raises that crossed the £750,000 threshold.


  • Triodos renewables launched a share issue on Trillion in 2014 and raised £3,512,507. Bristol-based Triodos operates sites that generate renewable energy across the UK.


  • Pavegen launched a crowdfunding campaign on Crowdcube in 2015 and raised £1,903,400 from 1,474 backers. Pavegen has created technology which turns everyday footfall into energy.


  • Oakapple Berkshire raised £1,728,593 on Abundance Generation in 2015 from 922 investors. The raise funded the installation of rooftop solar PV on a number of Berwickshire Housing Association owned properties.


  • Lightsail launched a reward-based crowdfunding campaign on Kickstarter in 2015. £858,404 was raised from 23,331 backers to fund the initiative to harness solar energy in space.


  • Sunart Community Renewables completed a share issue on Microgenius in 2015. £751,200 was raised from 134 backers to fund a 100kWh hydro-electricity scheme for a Scottish community.