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Crowdfunding provides alternative fundraising for solar panels

Crowdfunding websites, where people invest or donate small sums to help a project, business, charity or social enterprise, has provided an alternative to traditional fundraising tools, The Guardian has reported.

Within the energy and solar industry, Solar Schools is a UK project helping communities crowdfund the cost of solar panels for their school by gathering lots of small donations from parents, pupils past and present, local businesses.

Those participating in Solar Schools usually have to raise a minimum of £8,000 to install a solar system, and the scheme allows you to chip in £5 or more to sponsor a virtual solar tile.

Solar Schools was rolled out nationally a year ago and is now looking for about 100 schools to come on board. Applications are open, though you need to register before 15 May.

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