How Crowdfunding Could Make Community Power a Reality
Want to make solar happen? Get the crowd behind it.
Back in April, President Obama signed the Jumpstart Our Business Startups Act (the JOBS Act), and one of the most heralded elements was so-called crowdfunding. The law sought to solve a major problem: It’s hard to finance small-scale business ventures. Wall Street only cares about multi-million-dollar plays, and securities regulations make small-dollar projects rather difficult (and costly) to jointly fund.
The act could have big implications for community-based renewable energy projects.
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