The overall objective of the CrowdFundRES project is to contribute to the acceleration of the renewable energy growth in Europe by unleashing the potential of crowdfunding for financing renewable energy projects. In order to achieve this, the work has been structured for achieving the following objectives:
Gain a deep understanding of the public’s perception of crowdfunding
Analyse the challenges faced by the application of crowdfunding for renewable energy projects in Europe
Develop guidelines that support accepted practices in crowdfunding renewable energy projects
Apply the guidelines and review them based on practical experience
Develop policy recommendations to improve the market and regulatory framework
Promote the crowdfunding concept and its advantages among those who could contribute or raise funds
The CrowdFundRES project is a European project, co-financed by the European Commission under H2020 Programme.
The project started on 1st February 2015 and will end on 31st January 2018. It involves 14 partners across 6 different European Countries representing the relevant stakeholders in the field of crowdfunding for renewable energy projects. The European Crowdfunding Network and four of the most active crowdfunding platforms in RES project in Europe are involved: Abundance, Green Crowding, Lumo and OnePlanetCrowd. 3 project developers REG, BNRG Renewables and
Valorem, are also involved in the project. The consortium is completed by Solar Power Europe, the University of Dundee, Osborne Clarke (multinational law firm expert in Crowdfunding), GLOBAL 2000 (association which represents developers
of projects with high untapped crowdfunding potential and a network of citizens sensitive to environmental issues) and youris.com, leader in the dissemination and communication of the leading-edge European innovation via TV media and the web. The project is coordinated by WIP – Renewable Energies.
The EU PVSEC will represent a unique opportunity to get informed about the results achieved during the CrowdFundRES project in terms of innovative business models for projects financing and, at the same time, providing instruments to increase the awareness and public acceptance of renewable energy projects.
Detailed information on the CrowdFundRES project is available at the project website: http://www.crowdfundres.eu
|Title of host publication||33rd European Photovoltaic Solar Energy Conference and Exhibition|
|Subtitle of host publication||proceedings of the international conference held in Amsterdam, The Netherlands, 25 September-29 September 2017|
|Place of Publication||Munich|
|Number of pages||4|
|Publication status||Published - 2017|