Crowd4Climate Successfully Funds Second Renewable Energy Project in Africa

Crowd4Climate.org, a crowdfunding platform for climate protection projects in developing countries, has successfully funded its second project since the launch of the platform in November 2016. A Mobile solar power plant, Africa GmbH & Co. KG from Germany, collected more than €170,000 for a mobile solar project for the village Niamé in the West African Mali. Crowd4Climae is powered by CrowdDesk, a crowdfunding white label software provider that also operates its own platforms.

Through the Solar Container, which is expected to start operating in 2017, up to 300 households and small businesses are supplied with environmentally sustainable energy. The solar project replaces electricity previously produced by diesel generators and thus saves annually up to 52 tons of CO2.

Additionally, the environmental impact removes noise and largely unfiltered emission of lubricants and oil. The villagers willl experience a significant decline in the cost of energy.

The platform reports that 126 investors have supported the project. Investors expect an an annual return of 7% over a term of eight years.

“The success of this project shows that direct forms of investment can occur not only regionally but also for international climate and energy projects,” says CrowdDesk-founder and CEO Johannes Laub.

“Although there is proof from numerous projects in developing countries that they can generate revenue and repay invested funds there is still very little investment here. This in turn leads to numerous climate protection projects never being realized. Crowd4Climate.org solves this problem and provides investors in Germany and Austria an investment that contributes to the reduction of greenhouse gases and to sustainable development, “says Gottfried Heneis, CEO of Crowd4projects GmbH, which operates Crowd4Climate.org. ” The smooth cooperation with CrowdDesk contributes significantly to this that we can concentrate on our core business in their daily work. “

To ensure the ongoing operation of the solar project, and thus the safety of the investment, the mobile solar power plants Africa GmbH & Co. KG will take over the remote monitoring of the project from Germany. The local service partner, Africa GreenTec SARL and EMS Energy SARL, will take care of operations and maintenance. Thus, a knowledge transfer in the region takes place, which is an important social component of the project.


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