Sunday, June 26 2022 Sign In   |    Register
 

News Quick Search


 

News


Front Page
Power News
Today's News
Yesterday's News
Week of Jun 20
Week of Jun 13
Week of Jun 06
Week of May 30
Week of May 23
By Topic
By News Partner
Gas News
News Customization
Feedback

 

Pro Plus(+)


Add on products to your professional subscription.
  • Energy Archive News
  •  



    Home > News > Power News > News Article

    Share by Email E-mail Printer Friendly Print

    Crowdfunding money raised for 9.6 MWp of solar in Spain


    May 17, 2022 - SeeNews Renewables

     

      May 17 (Renewables Now) - Spanish crowdfunding platform Fundeen announced on Monday that it has closed the financing campaign it organised to support 9.6 MWp of solar projects on the island of Mallorca.

      The company said it was able to secure roughly EUR 1.62 million (USD 1.68m) from the citizenry of Spain, making it the largest amount ever raised via the Fundeen platform.

      The crowdfunding campaign for the Mallorca projects started in March this year. A total of 288 investors participated, with the majority contributing amounts between EUR 1,000 and EUR 5,000, Fundeen said.

      The platform raises funds for renewables development and enables citizens to invest as little as EUR 500.

      In this round, citizens were able to invest in the 4.56-MWp Son Sunyer and the 5.08-MWp Las Andrevas solar photovoltaic (PV) projects that German developer Enerparc AG is promoting on the Mediterranean island.

      People living in municipalities that will host the solar farms were able to invest first during a 15-day window. The opportunity was then open for residents of neighbouring municipalities for the next 15 days, and since May 5, any resident of Spain was given the chance to participate. Fundeen is currently raising funds for a solar farm project in the Spanish region of Murcia using the same approach.

      (EUR 1.0 = USD 1.042)

    TOP

    Other Articles - International


    TOP

       Home  -  Feedback  -  Contact Us  -  Safe Sender  -  About Energy Central   
    Copyright © 1996-2022 by CyberTech, Inc. All rights reserved.
    Energy Central® and Energy Central Professional® are registered trademarks of CyberTech, Incorporated. Data and information is provided for informational purposes only, and is not intended for trading purposes. CyberTech does not warrant that the information or services of Energy Central will meet any specific requirements; nor will it be error free or uninterrupted; nor shall CyberTech be liable for any indirect, incidental or consequential damages (including lost data, information or profits) sustained or incurred in connection with the use of, operation of, or inability to use Energy Central. Other terms of use may apply. Membership information is confidential and subject to our privacy agreement.