Tagged Investing

Driving energy efficiency investment beyond 2020

By Clare Taylor With rising GDP, the European Union is once again at risk of missing the 2020 targets for energy efficiency, and yet more ambitious targets for 2030 lie ahead. Regulation, especially for energy efficiency in buildings, is already driving demand, according to the European Investment Bank, with commercial banks acting as aggregators. Peter…

Maine’s new Governor ends wind moratorium

By Michelle Froese Gov. Mills has signed an order to end Maine’s moratorium on wind-turbine permits. Governor Janet Mills, D-Maine, has signed an Executive Order to end a moratorium on wind-turbine permits. This order clarifies that state agencies with the legal authority to issue permits can once again do their work with Maine’s local communities…

Energy Impact Partners invests $20 million in Palmetto Clean Technology

By Billy Ludt Energy Impact Partners (EIP), an utility-backed energy investment firm, announced that it has provided up to $20 million in financing facilities to Palmetto Clean Technology, a solar and platform technology and fulfillment company focused on the distribution and democratization of clean energy products. “We are continually focused on reinventing the clean technology…

Rivian announces $700 million investment round led by Amazon

By Blagojce Krivevski Electric truck and SUV start-up Rivian has announced an equity investment round of $700M led by Amazon. The investment comes on the heels of Rivian’s reveal of the all-electric R1T pickup and R1S SUV at the LA Auto Show last November. Starting with a clean sheet, Rivian has developed its vehicles with…

Is energy storage the future of renewable energy?

By Michelle Froese Essential Energy Everyday (EEE) recently released a video called, “Future Powered by Lead Batteries”, which describes how lead batteries are an indispensable part of our everyday lives and our green energy future. Lead batteries have a 150-year proven track record and are poised to provide the energy storage demand for a growing…

Shell acquires sonnen to expand clean energy offerings

By Kelsey Misbrener Shell* has agreed to acquire 100% of sonnen, a leader in smart energy storage systems and innovative energy services for households. This follows an investment by Shell in May 2018 and means that, post regulatory approval and completion, sonnen will become a wholly owned subsidiary of Shell. “sonnen is one of the…

The Home Depot investing in more wind & solar power

By Michelle Froese CDP, an environmental impact non-profit, has named The Home Depot to its Climate Change “A” List for its actions to cut carbon emissions and mitigate climate risks. The Home Depot has also announced new renewable energy initiatives in 2019 and working to procure 135 MW of energy from various alternative resources, including…

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