Renewable energy crowdfunding platform Fundeen eyes 2019 profit amid sector boom

© Fundeen

The young Spanish startup is eyeing projects worth €220 million by 2023, while cutting CO2 emissions equivalent to 1.3 million Madrid-New York flights

Individuals can now invest in renewable energy projects in Spain – a market once reserved for energy giants and financial institutions – thanks to Fundeen, the country's first renewable energy crowdfunding platform.Last November, the Spanish government announced plans to switch the country's electricity system to 100% renewable energy by 2050, installing at least 3,000 MW of wind and solar power capacity every year in the next 10 years. In the first half of last year, 45.8% of the country's power needs, equivalent to 126,411 GW, had come from renewable energy sources.For as little as €500, per...
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Edited by Suzanne Soh

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