Investment Offering

Bright Sun Low-Income Community Solar Raises $505,000 in Just 1 Month

2min

Jul 17, 2023

Bright Sun Low-Income Community Solar Raises $505,000 in Just 1 Month

In just one month, Bright Sun Low-Income Community Solar has raised an astounding $505,000. This impressive accomplishment underscores the increasing interest and support for accessible renewable energy investments.

 

About the project

Situated in East Longmeadow, Massachusetts, Bright Sun Low-Income Community Solar strives to provide electricity savings of up to 10% for low-income families in the region. This project not only intends to make a tangible impact on the environment but also an effort to uplift the community it serves.

Through the user-friendly and transparent mobile app developed by Climatize, individuals have had the opportunity to invest in this project. The substantial amount raised, totaling $505,000, demonstrates the collective dedication to renewable energy and the desire to effect change, one investment at a time.

 

Impact of the project

The impact of the Bright Sun Low-Income Community Solar project is significant. It is projected to mitigate approximately 1,998 Tons of Carbon Dioxide (CO2) equivalent, which is comparable to the emissions produced by nearly 4,646,573 miles driven by an average gasoline-powered car (according to US EPA, 2023).

Already constructed and soon to be energized, the project anticipates receiving Permission to Operate in Q3 2023. 

 

About Climatize

Climatize remains at the forefront of renewable energy investments, offering individuals the chance to become active stakeholders in the global energy transition. With the triumph of Bright Sun Low-Income Community Solar, Climatize reaffirms 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.

Read what they say about us.

 "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" - Will Wiseman CEO and Co-founder of Climatize

Financial Disclosure
Prior results do not guarantee future success. It’s important to note that investing in renewable energy projects through crowdfunding carries financial risks and may not be suitable for everyone. As with any investment, there is a possibility that you may lose some or all of the money you invest. It’s important to note that this article should not be considered investment advice. The information provided is for informational purposes only and is not intended to be a recommendation or endorsement of any particular investment strategy. The information provided in this article is for informational purposes only and should not be considered financial or investment advice. It’s crucial to do your own research and consult with a financial advisor or professional before making any investment decisions, especially when it comes to investing in renewable energy projects through crowdfunding, which carries financial risks and may not be suitable for everyone.
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