Crowdfunding record for solar


For the first time, a solar PV company has managed to collect more than a million Euros in funds from private investors for solar PV plant investments.

Sonneninvest AG has managed to break its 2014 investment record of €442,750 (US$507,878) for its solar park Langenbogen with this year's current crowdfunding sum.

The second crowdfunding launched by Sonneninvest on the Econeers platform seeks investors for three solar PV plants. The Meerane, Sangerhausen and Kornwestheim PV plants have already been feeding around 1.65 million kWh into the German grid for a few years now. The investors have contributed $741,879 so far via Econeers. This brings Sonneninvest's total sum gathered to over a million.

The operator Sonneninvest receives a fixed remuneration according to the German EEG. Revenues are guaranteed at least until 2024. Investors who participate in the crowdfunding will receive a basic interest rate of 4.5% for their capital annually for a period of nine years. In five years, there is the possibility to terminate participation. In sun-rich years, during which the solar PV plants produce more solar power than on average, an additional bonus interest rate of up to 0.5% is possible.

Sonneninvest's CEO Michael Richter believes that via such investment everyone can be a part of the Energiewende and produce solar power even without an installation on their rooftops. The second crowdfunding round is still seeking investors and will end September 16, 2015.

Popular content

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact:


Related content

Elsewhere on pv magazine...

Leave a Reply

Please be mindful of our community standards.

Your email address will not be published. Required fields are marked *

By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.

Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.

You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.

Further information on data privacy can be found in our Data Protection Policy.