Date Posted: February 20, 2014
If you’ve ever tried to fund a project but keep getting knocked back for a loan, then you might want to consider crowdfunding.
Crowdfunding involves raising small amounts of money from large numbers of people, usually via an internet-based platform. This method of securing funds is becoming more popular and every day millions of dollars are being pledged for a wide range projects.
Macquarie Group, Australia’s biggest investment bank, has entered the solar financing market in Australia, in what is likely to be a significant lift for the rooftop and commercial solar industry.
The interest in solar finance was revealed by Macquarie CEO Nicholas Moore in the group’s operational update. Few details were released, apart from the fact that it is a “recent” initiative, but it follows on from a series of large solar financing investments in the UK, Japan and the US, and is expected to be a fore-runner of interest from other major banks in Australia.
THE sun seems to be rising for sustainable energy in Toowoomba with solar electricity systems installed in almost one in seven premises in the city.
Ergon Energy released figures on the uptake of solar PV systems this week which showed that 8289 systems had been installed in Toowoomba – a penetration rate of 14%.
China installed a record 12GW of solar power last year, doubling its rate of solar installations, according to preliminary figures. This is more than has ever been installed by any country in a single year and means that the mainland installed three times more solar energy last year than the total British solar capacity.
ORANGE City councillor Reg Kidd believes the success of new solar panels installed on the roof of council’s works depot should serve as inspiration for other Orange businesses and clubs to investigate how solar panels can save them money while helping the environment.