TEXTILES.ORG
Wunder, a Boulder, Colo. Techstars Company, has launched a first-of-its-kind solar fund that makes investing in solar projects easy, provides a strong seven percent annual return and supports a clean, renewable power source. The Wunder Fund opens the door for any accredited investor to create a diversified portfolio of revenue-generating solar assets. Since the private launch on October 7, investors have reserved $535,300 in The Wunder Fund of a planned $1 million in initial funding.
According to the announcement in Energy Harvesting Journal, the U.S. solar market has grown by more than 10 times in the past four years. Goldman Sachs committed $40 billion to renewable energy sources, saying that the market is “compelling (and) at a transformational moment in time.” In committing $30 billion, Warren Buffett of Berkshire Hathaway is “going to keep (investing) as far as the eye can see.” Major corporations are pouring billions of dollars into solar, according to Wunder.
“We know that investing in solar can provide strong returns, but most opportunities are only accessible to big investment institutions and corporations,” said Bryan Birsic, co-founder and CEO of Wunder. “We set out to change that, to provide individual accredited investors with easy access to solar projects.”
Wunder sources solar projects from its national network of installer partners, surfacing investment opportunities to institutional and individual accredited investors and is backed by the Techstars incubator program.