In the impact space, we frequently consider the social impact of our investments. A tangible way of looking at impact is through environmental, social, and governance (ESG) metrics. Many of our peers focus specifically on the gender lens, a social metric in the ESG framework. Check out the following recent articles that discuss the tangible impact of gender lens investing and the admirable work of our peers.
1.3 billion individuals across the globe, almost 20% of the world’s population, lack access to basic electricity mostly in emerging markets. If all of the energy currently generated in Africa were equally distributed, it would be enough to turn on one standard light bulb per person for a mere three hours per day. The following articles detail some new initiatives that are aiming to combat this pressing worldwide issue.
With our vested interest in alternative energy and emerging markets, we are always excited to see startups in and out of the portfolio recognized for their efforts, whether that’s through finding an investor match of simply receiving credit on well-respected publications. Below are some of the exciting developments in the alternative energy startup space over the past few weeks.
Ghana-Based Renewable Energy Startup Acquired in an Estimated 7-Figure Deal by Shea Gunther on Mother Nature … read more
Wind energy has been used for centuries to move ships, pump water, and grind grain. It’s now one of the most cost-effective sources of new generation, competing with new installations of coal, gas and nuclear power. We are always looking for innovative technologies that can resolve the energy access gap.
Wind power seen generating up to 18% of global power by 2050 on International Energy Agency
By 2050, wind power could generate up to 18% … read more
This week we focused our reading on the benefits and use of clean energy. By 2030, the United Nations aims to double energy efficiency and renewable energy worldwide and declared this decade one of Sustainable Energy For All. Over 1.4 billion people lack access to basic electricity, 95% of which live in Sub-Saharan Africa and Asia. We are always looking for innovative technologies that can resolve the energy access gap.
With every action comes a consequence. In our reading this week, we focused on the consequences of agricultural practices on the environment. We are always looking for new investments that can solve these worldwide problems.
“Water pollution” by C Michael Hogan on The Encyclopedia of Earth
With 50 millions annual deaths worldwide due to contaminated water, water pollution has become a serious, global health risk. Unfortunately, agriculture is one of the biggest water … read more
Invested Development Invests in Growing Energy Labs, Inc. (GELI) to Move the Networked Energy Storage Industry Forward
FOR IMMEDIATE RELEASE
July 22, 2013
Boston, MA & San Francisco, CA – Invested Development (ID), a seed-stage investment fund manager, has invested in Growing Energy Labs, Inc. (GELI), an innovative startup developing software for energy storage. GELI’s software integrates, networks, and economically operates energy storage, dramatically increasing the opportunity to bring alternative energy solutions mainstream.
GELI’s Energy … read more
We are always looking out for our next investments for the BSP Fund. Here are some of the stories that caught our attention in the renewable energy field this week.
The green transformation is under way by Thomas Kerr and Brindusa Fidanza on World Economic Forum
Resource scarcity and climate change are becoming more prevalent issues for policymakers, including those at the recent World Economic Forum. Policymakers are aware of the need to implement … read more
We are always keeping an eye on the latest innovations in alternative energy and waste management for the BSP Fund. Here are some of the stories that caught our interest this week.
Bloomberg Plan Aims to Require Food Composting by Mireya Navarro on The New York Times
Mayor Bloomberg is piloting food waste recycling programs in New York City. While the programs are currently voluntary, many city officials hope to make them mandatory within … read more
We are always keeping an eye on the latest innovations in the alternative and clean energy sectors for the BSP Fund. Here are some of the stories that caught our interest this week.
Tackling Africa’s power poverty with renewable energy by Kristine Pearson on The World Economic Forum
Invested Development Invests in SolarNow to Provide Affordable Solar Home Systems in Uganda
FOR IMMEDIATE RELEASE
February 25, 2013
Boston, MA, Nijmegen, The Netherlands, & Kampala, Uganda – Invested Development, an emerging markets-focused social impact investment company, has invested in SolarNow, a Dutch social enterprise operating in Uganda. SolarNow combines a franchise model with an end-user credit facility to provide affordable solar home systems (SHSs) in Uganda. There are 4 million off-grid households in Uganda, … read more
This week we’re featuring news on energy, including breakthroughs from innovators and commentary on how this type of innovation is needed to meet the growing energy demand in Africa.
“A quiet breakthrough in geothermal power tech” by Katie Fehrenbacher on GigaOM
As we frequently mention on this blog, we like to keep tabs on innovation breakthroughs in renewable energy. Although we haven’t invested in a geothermal tech, we like to learn about those … read more
As alternative energy investors, we’re monitoring trends, innovations, business models, and costs for 2013. Read on to learn what GigaOM, The Guardian, Next Billion, and CleanTechnica have to say.
“The 10 best and worst things to happen to clean in 2012” by Katie Fehrenbacher on GigaOM
Katie Fehrenbacher closes out the year at GigaOM with her list of the best and worst trends in clean tech in 2012. Some are company-specific, but are … read more
Our December 12th post introduced the importance of energy storage; today, we take a deeper look at where innovation is needed and the technologies that make it all possible.
Energy storage technology: more than just batteries
When we mention energy storage, your phone and computer batteries are likely the first technologies to come to mind; AA batteries are probably a close second. This is because they’ve become such a daily part of our lives. In … read more
ID’s investment focus on alternative energy solutions includes not only renewable energies like solar, but also innovative ways to store energy. Energy storage technologies have the potential to radically transform the global energy landscape in the coming years, helping to solve key issues for integration and deployment of renewable energy systems. The technologies are crucial both in developed and developing markets and present an exciting opportunity for innovation. This post will discuss the role of … read more
We’re always looking for entrepreneurs who are willing to tackle the challenge of making alternative energy affordable. This week, we’re sharing news on others also looking for ways to make the cost of energy affordable around the world.
“Powering Up: Innovating to Solve the Cost of Energy in Africa” by Will Mutua on Afrinnovator
Despite the discovery and availability of oil and gas across Africa, nations are still struggling to meet their populations’ … read more
Since we are always on the lookout for our next investment for the BSP Fund, we stay up-to-date on innovations, regulations, and investment (both public and private) in the alternative energy sector. Here’s what piqued our interest this week in alternative energy.
“The next generation of air energy storage players” by Katie Fehrenbacher on GigaOM
Given how important energy storage is in both developed and developing markets, we’re always interested in new storage … read more
This week’s headlines on energy are particularly exciting: we love to learn about innovative energy technologies. Even better, we’re glad to see that they’re earning support in the markets that will benefit the most from the innovation.… read more
As we introduced in our last post on this topic, Kenya is using several policy tools to stimulate renewable energy development and grow its national energy supply. With rapidly growing demand, the government has clearly identified renewable energy, such as solar, wind, and geothermal, as a reliable and sustainable way to increase energy supply.
Renewable energy production presents the potential for income and employment generation. It also encourages private investment while minimizing environmental harm. … read more
The Economist, the International Energy Agency, and the World Economic Forum, and the Indian government each advocated for innovation in alternative energy technologies this week. Continue reading to find out what they said.… read more
In light of this week’s power crisis in India, our weekly review articles this week focus on the energy sector in India and the clean technology solutions available. Be sure to check out our post from earlier this year on the reality of the energy sector in India and the government’s mission to install 20 GW of solar by 2020.… read more
Every week, we read dozens of articles on our favorite industry trends that relate to our investment thesis. We pick the most popular trend from the week and share the top articles along with our comments.
Continue reading to check out the news from the clean tech industry and its impact in emerging markets.… read more
Every week, we read dozens of articles on our favorite industry trends and relate to our investment thesis. We pick the most popular trend from the week and share the top articles along with our thoughts.
This week’s topic is solar power in emerging markets. Headlines included updates on India’s National Solar Mission and the practical use of solar power on-the-ground in Africa.… read more
Last week we looked at the support system for mobile tech innovation; this week, several headlines caught our attention regarding the developing ecosystem of support for clean tech entrepreneurs in emerging markets.… read more