The world is changing! Over the last several years, Environmental, Social and Governance (ESG) criteria have been an emerging focus in the investing world, primarily driven by equity investors where it can be harder for a company raising funds to correlate capital costs with ESG impact. Last month, multinational food-products giant Danone Group and its bank group, led by BNP Paribas, redefined the ESG landscape with a credit facility that is said to directly link borrowing rates to “verified positive impact on the word.”
In this four-part series, we revisit 2017’s biggest developments in Energy & Sustainability-related news, milestones, policy changes, and financial transactions. This is the fourth installment of the series. Click to read Part 1, Part 2, and Part 3. Continue Reading Energy & Sustainability 2017 Year in Review: Notable Deals and Financial Activities (Part 4 of 4)
A recent white paper published in accord with The Climate Solutions Collaborative (C2C) paints the current clean energy technology investment landscape and provides a primer for wealth owners, foundations, endowment managers, and family offices on developing a cleantech 2.0 investment strategy
The global economy must triple its annual investment in low-emissions technology, from $750 billion per year between 2010 and 2015 to $2.3 trillion per year going forward until 2040, to keep the planet under 2 degrees Celsius warmer compared to pre-industrial levels according to analysis from the Precourt Institute for Energy at Stanford University. The report, Derisking Decarbonization: Making Green Energy Investments Blue Chip, served as the framing paper for the Clean Energy Finance Forum that the Precourt Institute hosted on November 1st.
On August 23, the Baker-Polito Administration awarded $455,000 in grants to seven early-stage researchers and companies developing clean energy technologies as part of the Massachusetts Clean Energy Center’s (MassCEC) Catalyst program.
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: