San Francisco-based Re-volv Solar is out to change the way solar energy is funded, and so far, it’s off to a great start. With one completed project under its belt, its second project is more than three-quarters funded and quickly setting a record for solar’s new funding concept.
Investment & Markets
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Total corporate funding for solar last year was up 25 percent to $10 billion, according to the report. But the solar funding tide was not universally high, as global venture capital (VC) investments actually declined 40 percent to $600 million.
Read the open letter to CBS by venture capitalist Vinod Khosla in rebuttal to the January 5 error-ridden, misleading 60 Minutes story “The CleanTech Crash.”
Public-private partnerships are addressing societal challenges. If we want to halt climate change, ensure future access to water, develop technologies to maintain food security and mitigate disease by 2050, we need more collaboration and initiatives that advance broader collective impact.
This is shaping up to be the year of impact investing — the year when impact investing ceases to be a buzzword or a niche play and when mainstream investors start to recognize the opportunity presented by this growing investment thesis.
Through its Global Entrepreneurs Council, the UN Foundation is engaging entrepreneurs in public-private partnerships to solve global social problems. Every two years, 10 leading entrepreneurs are recruited to be part of the council and provide their innovative thinking to problems that, as a group, they decide to focus on. The latest council is focused on women and girls, among other issues.
MPOWERD is a startup with a solar lantern that is turning heads in firms across Africa and capturing the interest of international distributors.
There has been a longstanding urban legend about Wall Street being a good ole boys’ club, sexist and exclusive with a cornucopia of decadent rewards for those on the inside, rewards that a recent blockbuster film has done much to sensationalize. A Bloomberg article last week revealed that much of this is indeed, factual, and is directly linked to college fraternity culture.
An approval of the EU Parliament to temporarily reduce supply in the EU carbon market marks a turning point for the scheme. Lawmakers in the EU have taken the first step towards systemic change of the carbon market. Following similar moves in other carbon markets, this measure reflects an intention of policy makers to guide carbon prices towards desired levels.
While the first three installations are in the Eastern region of the Ghana, PEG plans to expand into the island communities in the Volta Region and then into the Northern Region.
SPECIAL SERIES: The Rise Of The Sharing Economy
Critics said the sharing economy wouldn’t last. Worse, many said it wouldn’t make an impact. But 2013 was clearly a successful year for lodging, transportation and crowdfunding companies that thrived on the collective spirit of community. We’ve amassed a short list of our favorite concepts. Take a look and then leave a comment telling us yours.
Sustainable and responsible investing is an investment discipline that considers environmental, social and corporate governance criteria (ESG) to generate long-term competitive financial returns and positive societal impact.
A German company has come up with a new fuse that will shut down a solar panel in cases of fire or excessive heat. That’s great news for first responders – and for property owners.