DUTCH CROWDSOURCING FOR WIND HITS NEW HEIGHTS

Crowdfunding for Wind Energy Sets New World Record

Clare Taylor, September 26, 2013

"This week 1700 Dutch households raised EUR 1.3 million in just thirteen hours to buy shares in a wind turbine – setting a new world record for crowdfunding. For the next 12 years, these households will receive their own sustainable energy from the cooperatively owned turbine. With electricity costs set to rise, the ‘wind-sharers’ will benefit from big annual savings – by anticipating and managing energy needs…Facilitated by Dutch company WindCentrale, the wind shares were sold for EUR 200 each and households bought single shares or blocks of shares. Each share corresponds to approximately 500kWh of electricity per year (the annual average household consumption in the Netherlands is 3500kWh)…” click here for more

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