Unlocking International Crowd-Investment for the Indian Clean Energy Market
Finance is a significant challenge for clean energy projects in developing countries. Simultaneously, the crowd-investment industry is rapidly growing, driven by persistently low interest rates in developed countries. By building collaborative partnerships with crowdfunding platforms and clean energy companies, Mynergy is pioneering the approach of facilitating access to finance for clean-energy projects through no-collateral loans, better rates, and tenures, whose model focuses on small and medium clean energy enterprises, considered risky by banks.
This presentation includes lesson learned from the execution of crowd-financing for projects in the €200,000 - €500,000 range, which is particularly challenging because of lack of maturity of SMEs, high transaction costs, complex international regulations, and lack of investment structuring expertise. The presentation also shares best practices for navigating complex regulatory and compliance requirements, risk mitigation, and stakeholder management in a fast-evolving business landscape, and gives some recommendations for using this model to scale finance and accelerate energy transitions across the Global South.