Skip Navigation to main content U.S. Department of Energy Energy Efficiency and Renewable Energy
Bringing you a prosperous future where energy is clean, abundant, reliable, and affordable
Wind Program
About the ProgramResearch and DevelopmentDeploymentFinancial OpportunitiesInformation ResourcesHome
New England Wind Forum

 

New England Wind Forum

About the New England Wind Forum

New England Wind Energy Education Project

Historic Wind Development in New England

State Activities
Connecticut
Maine
Massachusetts
New Hampshire
Rhode Island
Vermont

Projects in New England

Building Wind Energy in New England

Newsletter

Perspectives

Events

Bookmark and Share

Want to Finance a Wind Farm Project in Your Community? Try Crowdfunding

Link: Want to Finance a Wind Farm Project in Your Community? Try Crowdfunding

Date: 9/24/2013

For many writers, artists, designers, and entrepreneurs, crowdfunding is the latest way to get their projects financed. East River Electric Cooperative, a supplier of electric power for rural areas of South Dakota and Minnesota, has taken this model to a new level. The cooperative wanted to add more wind power to its portfolio, so it crowdfunded from the communities it serves to finance a portion of a wind farm project. With investments from more than 600 East River customers, the co-op purchased more than 10 megawatts of capacity at the Crow Lake Wind project, just east of Chamberlain, South Dakota.

This information was last updated on 10/21/2013

Printable Version


Skip footer navigation to end of page.