For me social Photovoltaics is very exciting. Imagine you are struggling to afford electricity bills and the power of sun helps you, so the grid provider can hardly cut you off. So in the current situation everybody wants to save money. Most people will rush to switch to the cheapest Electricity Provider and the cheapest Option these Days is the Sun.
Even the International Energy Agency tells us these days that photovoltaics is now the cheapest option to generate electricity: The world’s best solar power schemes now offer the “cheapest… electricity in history” with the technology cheaper than coal and gas in most major countries. That is according to the International Energy Agency’s World Energy Outlook 2020
So we have learned the Hardware for generating Electricity is constantly becoming cheaper. It is easy for people with money to go Solar. But for poor people it is a distant dream. Also most people struggle to much they even do not have the time to think about this option. They also will not be able to get any financing for solar. So to close this financing gap, it would be ideal to offer a cheap leasing option for low income people.
An ideal financing instrument is to collect the money with a green Bond or crowdfunding. This Year it is ideal, because austria is offering a special subsidy for the buisness case and the crowdfunding fees.
From the KLIEN website:
The program supports companies and municipalities / cities in carrying out a profitability calculation for planned projects and reducing the ancillary costs of placements on the financial market.
Presentation of a business case (profitability calculation)
Additional costs of placements using green bonds or crowd financing
Submissions are possible between June 30, 2020 and February 26, 2021 (12:00 p.m.).
An intermediate deadline is available for faster processing of projects: September 11, 2020 (12:00 p.m.)
At the start of the program there was a very informative webinar >>
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