Crowdsourcing solar energy for rural and developing communities
By raising short-term working capital and project finance for solar-lighting, phone-charging, micro-grids and diesel-replacement projects, people can help bring solar power to communities often going without energy and electricity entirely. Solar energy has the potential to leapfrog other energy sources in the same way that mobiles have leapfrogged landlines. Sustainable, commercially oriented models are needed to achieve the scale, and mobilize the amount of capital to truly move the needle on addressing the big challenges of energy access and global warming.
SunFunder is a San Francisco and Tanzania-based crowd-funding start-up to raise and aggregate capital for the budding solar-energy movement in ‘off-grid’ or ‘grid-deficit’ developing countries.