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Market-Expanding Energy Initiatives

CloudSolar Offers Solar Panels for Renters Without Roofs

— March 19, 2015 — Eco
Even if you don't have a roof or own your own home, you (and the environment) will still benefit from these solar panels for renters. Boston-based startup CloudSolar is currently running a crowdfunding campaign on Kickstarter for physical solar panels you can own. This enables anyone to support solar energy, as the panels are installed remotely at a CloudSolar farm.

In an effort to increase how much solar power is generated in the United States, the new venture is trying to get more eco-friendly people involved and expand the market. Solar panels for renters are available for purchase. The resulting power is sold to local transmission lines and 80% of the revenue goes pack to the panel-owning customer. The startup will also manage government rebates and tax credits on the customers' behalf.
Trend Themes
1. Solar Panels for Renters - Disruptive innovation opportunity: Expanding access to solar energy for renters without roofs by offering panels that can be owned and installed remotely.
2. Crowdfunding for Solar Energy - Disruptive innovation opportunity: Harnessing the power of crowdsourcing to support the growth of solar power generation in the United States.
3. Revenue Sharing for Panel Owners - Disruptive innovation opportunity: Creating a revenue-sharing model where panel owners receive a portion of the revenue generated by the sold power and manage government rebates and tax credits.
Industry Implications
1. Renewable Energy - Disruptive innovation opportunity: Incorporating innovative models like solar panels for renters and crowdfunding to drive growth in the renewable energy industry.
2. Real Estate - Disruptive innovation opportunity: Addressing the needs of renters by providing access to renewable energy solutions, which can differentiate rental properties and attract environmentally conscious tenants.
3. Financial Technology - Disruptive innovation opportunity: Developing new platforms and tools to manage revenue sharing, crowdfunding campaigns, and government rebates for the renewable energy sector.
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