On July 20, 2017, the National Academies of Sciences, Engineering, and Medicine (NASEM) released a report directing the U.S. Department of Energy (DOE) and the U.S. Department of Homeland Security (DHS) to develop solutions to improve the cyber and physical security and overall resilience of the US electrical grid. The report, which was first initiated by Congress following the massive outages caused by Hurricane Sandy in 2014 and is further driven by recent malware infections found on the servers at a nuclear plant, addresses threats to the grid posed by natural disasters and malicious cyberattacks.

Continue Reading National Academies of Sciences, Engineering and Medicine Release Report Recommending Ways to Improve the Resilience of Nation’s Electric Grid

This year is proving to be the year of investing in innovative energy technology.  Mercom Capital Group reports that in the first half of 2017,  over $1 billion in venture capital and private equity funding has been invested in battery storage, smart grid and energy efficiency companies worldwide, exceeding the first-half funding benchmarks in 2014, 2015, and 2016.

Mercom Capital Group, a global clean energy communications and consulting firm, surveyed the combined venture capital funding (including private equity and corporate venture capital) and mergers & acquisitions across 89 companies in three separate sectors – Battery Storage, Smart Grid, and Energy Efficiency. Total investments in these areas amounted to $1.03 billion across the first half of 2017, a marked 25% jump from $807 million in the first half of 2016.

Continue Reading Global Funding in Sustainable Energy Tops $1 Billion in First Half of 2017

On July 19-20, 2017, Big Path Capital hosted its 9th annual  Impact Capitalism Summit in Nantucket. Mintz Levin is has been proud to serve as a sponsor of the event for the past three years. The Impact Capitalism Summit is the largest convening of investors focused on maximizing impact and maximizing return. This year’s Summit focused on the future of impact investing as the new mainstream. Our own Tom Burton moderated a panel on the power of impact investing as it relates to climate change, highlighting its potential to engage broader, bipartisan engagement of actors across industries.

Continue Reading 2017 Nantucket Impact Capitalism Summit Highlights Importance of Impact Investing

If you are a year-end U.S. public company, your second fiscal quarter has recently come to an end, which means that it’s time to calculate your public float to see if your reporting status has changed. Here are a few things to remember. Continue Reading U.S. Public Companies: Calculating Your Public Float – What You Need to Know

On June 22, 2017 the Baker-Polito Administration announced $960,000 in grants for STEM and clean energy learning programs for six Massachusetts high schools to help direct students towards STEM higher education majors and careers. The Lean and Earn program grants were awarded by the Massachusetts Clean Energy Center (MassCEC), and amount to $160,000 per school. Following the announcement, Governor Charlie Baker affirmed that his administration “is committed to providing new pathways for Massachusetts’ students to explore opportunities in STEM-related fields. Encouraging students to pursue studying clean energy and STEM subjects will strengthen our future workforce and further improve our nation-leading innovation economy.” Continue Reading Baker-Polito Administration Supports Clean Energy Education with $960,000 in STEM Learning Grants

This month’s Washington Update offers an extensive overview of the major legislation that has recently been introduced on Capitol Hill, as well as the big takeaways from this month’s congressional hearings related to energy policy. We also examine the ramifications of President Trump’s decision to withdraw the United States from the Paris Agreement, and highlight the Department of Energy’s latest funding announcements for three research and development projects.

Continue Reading June Washington Update

Mintz Levin is thrilled to serve as the exclusive legal mentor for Hult Prize finalists and host of the annual Hult Prize Welcome Reception for the third consecutive year.

The Hult Prize Foundation is a start-up accelerator and enabler for budding young social entrepreneurs emerging from the world’s universities. Named as one of the top five ideas changing the world by President Bill Clinton and TIME Magazine, the annual competition for the Hult Prize aims to identify and launch the most compelling social business ideas—start-up enterprises that tackle grave issues faced by billions of people.

Continue Reading Mintz Levin to Serve as Hult Prize Legal Mentor

On June 20, Mintz Levin and ML Strategies were thrilled to host Gina McCarthy, former U.S. Environmental Protection Agency Administrator under President Obama. McCarthy was the featured speaker at the Alliance for Business Leadership “Progressive Power Hour” held in our Boston office. During the course of the hour, McCarthy shared her optimism for the environmental progress state and local governments can make and emphasized the role businesses can play in serving the public good. To learn more about the event, read on!

Continue Reading Event Recap: Mintz Levin Hosts Former EPA Administrator Gina McCarthy

On June 2nd, the New York State Energy Research and Development Authority (NYSERDA) and the New York Power Authority (NYPA) issued record requests for proposals from qualified developers to build renewable energy projects that will generate 2.5 million megawatt-hours (MWh) of electricity a year. The two requests combined total the largest renewable RFP issued in any state. Alliance for Clean Energy New York estimates that the solicitation “will drive between 600 and 1,600 megawatts of new capacity depending on the mix of technologies ultimately developed.”

Continue Reading NYSERDA and NY Power Authority Seek to Fund Proposals for New Clean Energy Projects: First Round Submissions Due July 13th

Upcoming Event: Former EPA Administrator Gina McCarthy Speaks at Mintz Levin

Mintz Levin and ML Strategies are thrilled to be hosting Gina McCarthy, former U.S. Environmental Protection Agency Administrator under President Obama, in our Boston office on June 20. McCarthy will be the featured speaker at the Alliance for Business Leadership “Progressive Power Hour” from 6:00 – 7:00 pm.

With the U.S. pulling out of the Paris Climate Agreement, questions are swirling about what this means for the environment, the economy, and our standing in the world. Alongside her four years as EPA Administrator, McCarthy has held lead environmental roles as a public official in Massachusetts and Connecticut. The Boston native has served as an environmental advisor to five Massachusetts governors. Her unique perspective will bring valuable insight into what can and should be done at the state level over the next few years.

We look forward to hosting McCarthy and our guests for what is sure to be an engaging conversation!