Connect with us

Hi, what are you looking for?

425 Kw NM solar park funded by
Desert Land, NM 425 Kw solar park funded by


Here Comes The (Third) Solar Crowdfund: CrowdSun

425 Kw NM solar park funded by CrowdSun.comMove over, Mosaic and SunFunder. There’s a new solar crowdfunding website in town—

The third online investment platform for financing solar projects bills itself as “Your solution to safe, green funding.” CrowdSun has already funded over $2 million across 11 campaigns, two of which have hit the 100% mark so far. The company’s first project reportedly raised $300,000 in three days. From the company President & CEO, Mark Yegge:

“Most investors in solar projects are the big-money institutions, and they are privy to stable solar investments that can earn anywhere from 4% to 20% annually—until now. Smaller investors can now take advantage of the shift to green solar energy through our crowdfunding site.”

According to PV Tech, like Mosaic (which had received over $5.6 million from more than 2,500 investors by November 2013), claims to offer careful project review and interest on investments at a higher rate than currently offered by banks. (Projected annual rates of return for solar crowdfund investors typically run between about 4.5% and 10%.)

Both companies have so far limited their business to solar investment in US projects. Sunfunder, which is not approved by the US Securities and Exchange Commission, funds solar projects outside the US. Sunfunder can accept investments all over the world, but cannot return interest.

Yegge has been involved in groundbreaking businesses since cofounding and nurturing NexTrade Holdings. NexTrade operates one of nine SEC-approved Electronic Communications Networks on Wall Street and has been one of the top 50 fastest growing companies in the US. The CEO’s involvement in solar started in 2008 with the founding of NextWave Solar, Inc., a Florida-based solar firm specializing in solar electric systems design and installation. Yegge has twice been nominated for Ernst & Young’s Entrepreneur Of The Year, the world’s most prestigious business award for entrepreneurs.

Encounter Yegge at a TEDx Talk posted several years ago on YouTube (above) about executing ideas, the false paradigm that limits most people’s success, and how to overcome it. Also, for perspective on the new startup investment tool—which has more than tripled in the last three years—see’s fascinating recent blog (March 24, 2014) on grassroots funding called “Before You Launch Your Crowdfunding Campaign, Read This.”

Appreciate CleanTechnica’s originality? Consider becoming a CleanTechnica member, supporter, or ambassador — or a patron on Patreon.
Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.

New Podcast: How NVIDIA Is Bringing Autonomy To Automakers

Written By

covers environmental, health, renewable and conventional energy, and climate change news. She's currently on the climate beat for Important Media, having attended last year's COP20 in Lima Peru. Sandy has also worked for groundbreaking environmental consultants and a Fortune 100 health care firm. She writes for several weblogs and attributes her modest success to an "indelible habit of poking around to satisfy my own curiosity."


#1 most loved electric vehicle, solar energy, and battery news & analysis site in the world.


Support our work today!


Power CleanTechnica: $3/Month

Tesla News Solar News EV News Data Reports


EV Sales Charts, Graphs, & Stats


Our Electric Car Driver Report

30 Electric Car Benefits

Tesla Model 3 Video

Renewable Energy 101 In Depth

solar power facts

Tesla News

EV Reviews

Home Efficiency

You May Also Like

Autonomous Vehicles

Welcome to China × Cleantech — January 2021 edition. Our China x Cleantech series covers top cleantech stories in China each month. Happy 牛 Year! I...


Efficiency combined with solar changes the equation dramatically. The difference for me was roughly 2/3 the cost of a new Tesla Model 3.


Genius is a difficult thing to understand. To those of us who, like me, are on the outside of it, genius can sometimes seem...


Wall Street banks slammed a proposed rule that would force lenders to finance fossil fuel projects, Bloomberg reports, questioning both its legal underpinnings and...

Copyright © 2021 CleanTechnica. The content produced by this site is for entertainment purposes only. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries.