Bright Sun Low-Income Community Solar Raises $505,000 in Just 1 Month on Climatize’s Platform
Associated Energy Developers, the firm that raised money for this solar project, stands outside of a solar roofed building and wave to drone/camera.
Climatize, Santa Cruz’s very own renewable energy investing app, celebrates a significant milestone as its inaugural community solar project, Bright Sun Low-Income Community Solar, raises an astounding $505,000 in just one month. This remarkable achievement highlights the growing interest and support for accessing renewable energy investments.
Bright Sun Low-Income Community Solar, located in East Longmeadow, Massachusetts, aims to provide electricity savings of up to 10% for low-income families in the area; this project will make a tangible impact on both the environment and the community it serves.
Will Wiseman, CEO of Climatize, expresses his enthusiasm, stating, "We are thrilled by the overwhelming response to the Bright Sun Low-Income Community Solar investment campaign. This success showcases the power of our platform to unite individuals in investing towards a greener and more equitable future."
By leveraging Climatize's easy and transparent mobile app, investors from all walks of life have been able to invest in this project with as little as $5. The impressive $505,000 raised demonstrates the collective commitment to renewable energy and the desire to make a difference, one investment at a time.
The impact of the Bright Sun Low-Income Community Solar project is significant. It is projected to avoid approximately 1,998 tons of Carbon Dioxide (CO2) equivalent, which is equivalent to the emissions from nearly 4,646,573 miles driven by an average gasoline-powered car, according to data from the US EPA (2023).
The project, already built and soon to be energized, expects to receive Permission to Operate in Q3 2023. The funds raised through the Climatize platform will be used to cover ongoing operations, ensuring the sustained success of this project & helping to develop new solar projects.
Climatize continues to pave the way for renewable energy investments, providing individuals with the opportunity to be active stakeholders in the global energy transition. With the success of Bright Sun Low-Income Community Solar, Climatize reinforces its commitment to transparency, accessibility, and positive environmental impact.
To learn more about Climatize and explore future investment opportunities, download the Climatize app from the App Store, or visit www.climatize.earth.
About Climatize
Climatize is a groundbreaking renewable energy investing app that empowers individuals to invest in impactful and profitable renewable energy projects. With as little as $5, users can support projects that combat climate change and drive the transition to a sustainable future.