A Japanese crowdfunding business operator, Crowd Securities Japan announced that its wind power generation fund at its crowdfunding service, Crowd Bank, has raised funds totaled over 200 million JPY on January 19, 2016. The fund is Japan's first investment fund in the crowdfunding industry and aims to support the development of wind-generated power.
While wind power generation is expected to serve as main renewable energy along with solar power generation, wind power station hasn’t been promoted because construction of the station requires significant initial investment. To solve this situation, the fund support part of initial cost of construction utilizing crowdfunding. Individual investors can invest in the fund from the minimum amount of 10,000 JPY.
Currently, the company raises funds for the fifth wind power generation fund at the crowd bank.
(Source: Crowd Securities Japan )