ecoligo celebrates key milestone as one million Euro raised by crowdinvestors to fund solar projects

ecoligo celebrates key milestone as one million Euro raised by crowdinvestors to fund solar projects

Berlin and Frankfurt am Main, 22nd October 2018: Over 1 million Euro has been raised by crowdinvestors to finance solar projects in emerging markets on the ecoligo.investments platform. The milestone demonstrates the potential of individual investors to bridge a well-known finance gap for commercial and industrial (C&I) sector solar projects, consequently transforming a sector where traditional financing methods have failed. This opportunity is an integral part of ecoligo’s fully financed solar-as-a-service business model. The seven-digit-figure has been reached by 327 private investors. In total, 12 projects have been financed on the ecoligo.investments platform, which will save over 19,000 tonnes of…

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95 kWp solar system for Las Lomas vineyard in Chile successfully financed on ecoligo.investments

95 kWp solar system for Las Lomas vineyard in Chile successfully financed on ecoligo.investments

The latest project on the ecoligo.investments crowdinvesting platform has been funded in 26 days! The project will power the irrigation of Las Lomas vineyard in central Chile with clean energy, saving over 57.8 tonnes of CO2 per year. The vineyard is owned by quality wine producer Cono Sur, whose operations are built on the principles of sustainability and innovation and have won many awards for their environmentally friendly practices. Crowdinvestors raised 130,000 € to finance the project and receive a return of 5.00 % over 5 years. The project is the first to come from a collaboration between ecoligo and leading global…

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Solar’s potential to clean up agriculture in Chile

Solar’s potential to clean up agriculture in Chile

With a diverse landscape reaching from the tropics to just north of the Antarctic, Chile is rich in natural resources that have long been utilised to create a strong agricultural sector. Exports, including products such as fruit and wine, account for almost 30% of the country’s GDP. Yet despite the positive economic impact, these industries are also energy-intensive and account for a high percentage of the country’s greenhouse gas (GHG) emissions – which are growing at the third fastest rate of all OECD countries. Industries, particularly those that rely heavily on the natural environment, are looking for more sustainable ways…

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What is crowdinvesting?

What is crowdinvesting?

As alternative finance continues to gain popularity in Europe, crowdinvesting is coming into the mainstream. But what exactly is it? Find out more and learn about ecoligo’s use of crowdinvesting in its business model. An extended version of this article was originally posted on Climate KIC, as an interview with Kilian Rüfer. What is crowdinvesting? Crowdinvesting is when many investors finance a project, each making a small financial contribution in proportion to the total capital required. Over time, the investor receives the amount paid plus attractive interest in return, as a cash payment. This is the most important difference to…

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Kenya: the powerhouse of East Africa

Kenya: the powerhouse of East Africa

Thinking of Kenya, a lot of people have a very clear image: dusty, unpaved roads through a vast savannah, passing clay huts and a population living in poverty. A growing economy and infrastructure Unfortunately this image is drawn by prejudices. By now, Kenya is a fast growing economic power in East Africa, which is why the economy grew in 2015 by approx. 6%. This growth let Kenya rise to third place in an overall African and Asian context, just behind China and the Philippines. Furthermore, the average gross domestic income of 1,160 USD is above the World Bank’s threshold for middle income countries….

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