The UK’s Department of Energy and Climate Change (DECC) confirmed last week that it will delay the launch of the Green Deal initiative for non-residential building owners. The move does not come as a tremendous surprise to the efficient building industry, as speculation has been swirling in recent m...
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Case Study | March 02, 2021
In January 2021, Breakthrough Energy Ventures (BEV) announced it had raised a second $1 billion fund following up on the inaugural fund in 2015 of the same size. With the second fund, BEV will target between 40 and 50 startups, emphasizing hard‑to‑decarbonize sectors. To date, BEV has made 36 ... Not part of subscription
News Commentary | April 15, 2021
GRPF III is nearly triple its previous fund and is a sign of the small steps the company is taking in financing the energy transition. In January 2020, BlackRock CEO Larry Fink stated in his annual letter that the company would avoid investments in companies that "present a high sustainability‑... Not part of subscription
News Commentary | June 01, 2021
Irena estimated that the 2020 annual capex on renewable energy to be $300 billion. The agency warned that this must increase to $800 billion by 2050 to avert climate change. In that light, the impressive investments by Microsoft (a $1 billion fund) and Jeff Bezos (a $10 billion fund) are but rather ... Not part of subscription