UK green power company Good Energy hopes to attract £1m to invest in solar projects following a crowdfunding party organised by Trillion Fund.
The company was one of four bidding for investment at the event, where guests were invited to pledge an interest in its solar farms in the South West of England.
Founder Juliet Davenport (pictured) said:
“Crowdfunding has revolutionised the way we think about raising funds for renewables projects and is something new to us at Good Energy.
“The beauty of renewable energy is that, because of the size of the projects, they lend themselves well to crowdfunding – it’s not likely you’ll see any crowd funding for fossil projects. It gives ordinary people and investors the chance to get a financial return while helping the UK to generate more clean, green renewable energy.”
Fashion designer Vivienne Westwood, who is an ambassador for Trillion Fund and uses Good Energy as the supplier at her UK retail stores and offices, said at the bash:
“We are all aware of the incredible dangers that we face and we have to try and act.
“What’s good for the planet is also good for the economy, what’s bad for the planet is bad for the economy and what’s good for the people is good for the planet.”
Good Energy aims to produce 50% of its own power from renewable sites by 2016.