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Press Release: Clean Energy Ventures Launches $110 Million Early-Stage Venture Fund for Clean Energy Innovation
Clean Energy Ventures (CEV), an investor in early-stage advanced energy start-ups, today announced the close of its first fund. The $110 million Clean Energy Venture Fund targets the current capital gap for seed and early-stage investments in promising advanced energy innovations. CEV will focus on technologies and business model innovations in the U.S. and Canada that are ready to be scaled and commercialized, and that have the potential to significantly mitigate global greenhouse gas emissions.
- Categories
- Energy
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Viewpoint: Opportunity Zones Can Drive Development Of US Renewable Energy
Opportunity Zones give both individuals and corporations the chance to re-invest existing capital gains into Qualified Opportunity Zone Funds (“QOFs”) in order to receive tax breaks for helping fund investment in impoverished areas.
- Region
- North America
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Freak Weather Poses New Risk to India’s Renewables Goals
Extreme weather events seem to have become the latest risk to Prime Minister Narendra Modi’s renewable energy goal to quadruple solar power generation to 100 gigawatts by 2022.
- Categories
- Energy, Environment
- Region
- South Asia
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Off-Grid Renewable Energy Is Helping Tackle Two of Africa’s Biggest Problems
Renewable energy companies in Kenya account for 10,000 jobs—only 1,000 fewer than the national utility, while in Nigeria the sector employs 4,000 in formal jobs compared to 10,000 employed across the country’s traditional energy sectors.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Renewable Energy Market Employs 11 Million in 2018
Eleven million people were employed in renewable energy worldwide in 2018 according to the latest analysis by the International Renewable Energy Agency (IRENA).
- Categories
- Energy, Environment
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Nigeria’s Unreliable Electricity Costs Its Economy $29 Billion a Year—Solar Power Would Save Billions
This unreliable power supply is a major hindrance to Nigeria’s economic growth. It also costs the country an enormous amount of money.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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How Technology Could Help Rural South Africa Turn Sunshine Into Income
If South Africa positions itself well, it could become a test bed for these technologies and thereby benefit from investments in research and development by major international corporations that have an interest in driving these trial runs.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Are Rural Customers Ready to Consume More Energy at the Right Price? New Mini-Grid Research Offers Intriguing Results
Setting appropriate pricing is crucial to any business, but it's especially challenging for mini-grid developers serving rural customers in emerging countries. If the price is too high, customers can’t afford to buy enough power. If it's too low, mini-grids risk their commercial viability. Authors at CrossBoundary discuss a new report exploring the impact of massive price reductions on energy consumption and mini-grid revenues. The results are striking, and potentially significant for both providers and their customers.
- Categories
- Energy, Entrepreneurship
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