Prince Donated $25 Million To The Solar Industry
As recently reported by The Daily Good, iconic singer Prince—who passed away just over a year ago—was looking for a great place to invest $25 million dollars. After a conversation with CNN commentator Van Jones, anonymously invested in US-based Powerhouse, a for profit that connects solar entrepreneurs with investors.
Since Powerhouse was established in 2013 in Oakland, California, it’s helped over 43 clean energy startups create $52 million in revenue, raised $287 million in capital, and generated over 240 million megawatts of solar energy.
As pointed out, nearly half of the solar start-ups backed by Powerhouse were founded by minorities and women—far beyond the industry norm.
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