From MercuryNews.com (4/8/2013 – 4:48 PM PDT) Solar financing startup Mosaic, widely known as the “Kickstarter for solar,” has a financing platform that allows individuals to invest in small to medium-size rooftop solar energy projects.
On Monday, Mosaic announced that state securities regulators have given the Oakland-based company the green light to offer $100 million worth of new solar investments to California residents. Previously, Mosaic had to register each project with state officials; they’ve now been given approval to unleash crowdsourcing for multiple projects.
“With Kickstarter, people are patrons of the arts,” Mosaic President and co-founder Billy Parish said in an interview. “With Mosaic, people can be clean-energy investors like Warren Buffett.”
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