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.”
Are you a company approaching the end of seed funding? Join us on Thursday, April 13 at 5:30 pm at the Venture Café at Cambridge Innovation Center where our own Anthony Hubbard will explore terms, trends, and traps likely to be encountered in the pursuit of a first preferred stock financing.
- What are the characteristics of a Series A financing and how does it differ from a seed financing?
- What are the current trends in Series A financings?
- What common traps can you avoid in negotiating the financing?
With decades of experience counseling entrepreneurs and emerging growth companies, Anthony will address these questions and many more. For more details and to register, click here.
The DOE recently announced a $3.5 million grant focusing on monitoring the environmental impact of marine technologies. Details are below:
In last week’s post, we highlighted a number of available DOE grants for incubators. Today, we will be highlighting grants for research on geothermal systems and building technologies.
The DOE continues to support research being done by companies and think tanks nationwide. Enhanced insight into geothermal systems and solutions is of particular interest this year. The following research and development grants are now open:
The U.S. Department of Energy (DOE) supports a wide range of grants, loan and financing programs and also funds transformational and up-and-coming technologies that create innovative ways to source, distribute, and use energy and other natural resources. The DOE provides a useful guide to public assistance through federal grants and loan guarantees and other programs here. Over the next few days, we will be highlighting a partial list of grant options available at the start of 2014.
Today’s highlights include grants for incubators. The Department of Energy is allocating a portion of money toward incubators fostering advancements in the fields of clean energy and renewables in 2014. The following grants for incubators are now open:
On Wednesday, March 12th, the Northeast Energy and Commerce Association will host the 11th Annual Conference on Renewable Energy. This content-rich, one-day conference will explore the emerging dynamics of renewable energy in New England. Conference Co-Chairs David O’Connor, Senior Vice President of Energy for ML Strategies, LLC, and Matt Shortsleeve, Regional Director of RGS Energy, will kick off the conference with a welcoming speech and overview of the day’s events. Throughout the day, participants will hear from industry experts, both within and outside the region, through provocative panel presentations, informative exhibitor booths and relaxed networking breaks. The experts will share keen insights and seasoned perspectives on topics such as solar incentive structures, off-shore wind prospects, transmission expansion and innovative financing models.
The Northeast Energy and Commerce Association (NECA) promotes environmentally sound, reliable and cost-effective wholesale and retail markets for the production and delivery of electric power supply, competing energy services and resource alternatives, including conservation, innovative demand-side and power delivery technologies, renewable energy and distributed generation. NECA’s 950 members, representing 130 entities, include developers and owner/operators of competitive power projects, both regulated and merchant transmission and distribution companies, power marketers and traders, fuel and equipment suppliers, power consumers and various service providers to the power industry, including law firms, investment bankers, environmental engineering and economic consulting firms. Through its regular series of meeting and conferences throughout the year, NECA serves as a clearinghouse of cutting-edge industry information. Continue Reading NECA 11th Annual Renewable Energy Conference
What are the most important trends that the Department of Energy is watching closely in the energy sector in 2013? According to David Sandalow, the acting Under Secretary of Energy, the seven most important trends are: Continue Reading Cyber-attacks on the Electric Power Grid and other Major Energy Trends to Keep an Eye on in 2013
As U.S. early-stage funding sources become less abundant and more difficult to access, advanced biochemical and biofuels companies face increased financing difficulties when trying to develop first commercial facilities. Recently, however, companies started to employ new solutions to their funding challenges: turning abroad for their early stage financial assistance. Some facilities in the industry are employing financial tools like tying bonds to credit-enhancements, and constructing pilot and demonstration plants in countries that want to support these new technologies, like Australia, Canada and the United Kingdom. Continue Reading Financing New Biochemical and Biofuel Plants