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Mosaic Inc.
Mosaic is a solar project finance company based in Oakland, California. Founded in 2010, Mosaic enables crowdfunding of loans for solar development projects. For that reason, GigaOM referred to the company as "the Kickstarter for Solar". Through this model, the company aims to democratize the social and environmental benefits of clean energy. Mosaic is a certified benefit corporation.〔(【引用サイトリンク】title=B Impact Report )〕 == Early projects == In initial tests, Mosaic has facilitated about $1.1 million in private investments from 400 people to finance 12 rooftop solar plants in California, New Jersey and Arizona. In Spring 2012, Mosaic financed five solar power plants through their zero-interest investment model. 400 people invested over $350,000 in these projects which created 73 kW of solar energy for local community organizations—saving the organizations more than $600,000 on their utility bills while producing over 2,700 job hours for local workers. In September 2012, Mosaic financed its first solar power plant that also offered a return on investment for investors. 51 people raised over $40,000 to finance this 47 kW project for the Youth Employment Partnership in Oakland, California. With a 6.38% annual return over a 5 year loan period, a $200 investment would yield $272 by the end of the 5 years.
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