Crowdfunding Energy Access – State of the Market Report 2020
March 09, 2021
During 2020, energy access-related crowdfunding volumes reduced by 25% to $48 million, following five consecutive years of 100% growth (average year-on-year).
The fall in volumes was driven by reduced lending on debt platforms which serve larger companies and typically account for the majority of the crowdfunding activity. However, volumes on debt platforms which provide smaller ticket loans to energy access companies actually increased. Unexpectedly, equity crowdfunding volumes increased by more than ten-fold in 2020, raising close to $6 million.
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