Solar Mosaic is creating fast opportunities to invest in solar projects!

 

Photo: gigoam.com, Katie Fehrenbacher, Jan. 6, 2012

Photo: gigoam.com, Katie Fehrenbacher, Jan. 6, 2012

Solar Mosaic is a Kickstarter program that makes is possible to connect investors to solar projects in need of financing. As of Monday, January 7th, Solar Mosaic officially opened their website to residents of California and New York and accredited investors. This company provides the opportunity of a mutual fund for investors in which solar roofs can provide a low risk return, between 4 and 12 percent on an investment. These loans are backed up by the solar electricity produced, which building owners pay for monthly like any other utility bill. According to Solar Mosaic, its first investments will offer a 4.5 percent annual return, including servicing fees, with a a nine-year term. Solar Mosaic is creating an exciting and promising opportunity for investors in up-and-coming solar projects!

 

 

Source: Gigaom Solar Mosaic Turns the ‘Kickstarter of Solar’ Into a Way to Make Money

 

Share on FacebookShare on LinkedInTweet about this on TwitterDigg thisEmail this to someone

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>