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Blockchain-based non-fungible tokens (NFTs) recently have made a big splash in the art world and beyond. In addition to generating both headlines and confusion, NFTs have drawn attention to the high carbon footprint of certain blockchain applications. We now have a misconception that blockchains are equal to energy and climate impact.
Now, new breakthrough climate accounting technologies are emerging as solutions to track and verify energy and carbon emissions, and report energy purchases and consumption. As more of these services hit the market, corporations making ambitious climate pledges will need to adopt energy and carbon tracking and reporting technologies.
South African blockchainstartup Sinan Energy is targeting an initial 100MW+ of distributed generation in northwest South Africa. Sinan Energy’sblockchain platform is designed to tokenise, record and verify carbon credits that are generated from its own plants. Have you read?
Blockchain’s energy sector uses range from the highly speculative—think peer-to-peer energy trading using cryptocurrency raised in initial coin offerings (ICOs)—to more incremental efforts, grounded in real-world challenges of operating an increasingly decentralized power grid. are testing it out.
The funding round was led by Amsterdam-headquartered energy venture provider SET Ventures and included Google and the Microsoft Climate Innovation Fund as well as existing investor EIT InnoEnergy. First blockchain platform for green hydrogen tracking developed Blockchain in Europe’s energy sector – policy and regulation.
Technology startup PowerPod is developing a blockchain-based ‘decentralised physical infrastructure network’ (DePIN) of community-owned EV charging stations. To enable the integration, PowerPod is to use the community run blockchain from peaq as the layer 1 backbone. Have you read?
A six-year Framework with Morrison Construction and Scottish Water has been awarded to Hypervine , a cleantech construction startup that uses artificial intelligence (AI) and blockchain technology “to provide end-to-end site data for construction and mining firms, boosting efficiencies whilst enabling massive reductions in carbon emissions” (..)
Cerulean Ventures, a climate tech venture capital firm in Santa Barbara, Calif,, closed a $10 million pre-seed fund to work with founders in four startups focused on carbon removal, global renewable energy credits, sustainable supply chains and a global blockchain to protect endangered natural resources.
According to the 2020 Fashion Transparency Index survey, while 78 percent of brands have policies on energy and carbon emissions, only 16 percent publish data on the annual carbon footprints of their supply chain. Using blockchain and cloud-based technology, a number of startups are already laying the groundwork. .
When blockchain arrived on the energy scene three years ago, much of the discussion went straight to disruption and disintermediation. Still, progress has been slow and driven almost entirely by startups that either have limited funding or the ability to willfully ignore the range of regulations surrounding electricity markets.
Its allure has proven more durable than energyblockchain, and its commercialization is further along than super-buzzy green hydrogen. Why do we care about energy storage duration? Energy storage makes this power useful at other times. Long-duration storage occupies an enviable position in the cleantech hype cycle.
The Greentown Labs community continues to grow and we’re excited to introduce you to the 16 climatetech startups that joined our Boston and Houston incubators in the first months of 2021! Meet these startups that are powering the climatetech revolution: Agtech + Water. Electricity. Manufacturing.
Ten years ago, Greentown began when four startups decided to split the cost of rent and resources. On Earth Day 2021, Greentown Houston opens its doors to a new ecosystem of entrepreneurs who are tackling our biggest climate challenges and shaping the energy transition. Agtech + Water. Manufacturing.
Pune, India-based Voltreum is set to launch its Volt-X blockchain-based peer-to-peer energy trading application. The company, which has been in development over the past year, has stated its goal as addressing “two of the most critical problems affecting humankind – increasing energy demand and climate change”. Have you read?
Alternating direct current energy validated, blockchain-based data storage on the Moon and the SunnyApp solar PV cleaning bot are on the week’s technology radar. Alternating direct current energy validated Energy is traditionally either in the form of alternating current (AC) or direct current (DC). Have you read?
Nearly 30 startups joined our community in the final quarter of 2020, working on innovations as diverse as zinc-ion batteries, long-range weather forecasts, wave energy conversion, and replacements for petrochemical plastics. We’re thrilled to support these groundbreaking climatetech startups—let us introduce you! MANUFACTURING.
It’s been more than half a decade since grid watchers first began talking about the concept of trading energy with your neighbors across peer-to-peer platforms. In terms of real-world activity, however, peer-to-peer energy trading remains challenging in practice almost everywhere, and that's especially the case in the U.S.,
Twenty-five startups joined our community in the final months of 2021, working on innovations as diverse as solar-plus-storage for blackouts, plastic and tire recycling, geothermal power generation, and construction-less dam electrification. We’re thrilled to support these groundbreaking climatetech startups—let us introduce you!
Blockchain finally seems to have found a here-and-now application in the power market — and it isn’t energy trading. Instead, a select group of blockchain companies is finding success with a focus on certificates of origin, helping demonstrate the provenance of renewable energy supplies.
This is my attempt at an "explainer" on blockchain, describing it as simply as I can, and exploring how it may help build the clean grid. Blockchain is everywhere — at least when you’re talking about media coverage. In short, in the words of a recent Wired overview of the technology , blockchain creates “tamperproof databases.”
New blockchainstartup CarbonEnfo hits the market running, the ChatGPT fusion ‘ambassador’ and a graphene nanotube facility in development in Europe for EV batteries are on the week’s technology radar. To support it along the way, it has joined up as a validator to the Energy Web ecosystem. Have you read?
Multinational law firm Pinsent Masons has introduced a demand side response (DSR) energy reduction green technology to its London headquarters to mitigate their energy usage and emissions. It will automatically reduce non-critical electrical plant and equipment such as pump motors, fans and air conditioning chillers.
The beermaker’s 2025 goals pledge bold advances in water strategy, returnable or recyclable packaging, renewable energy procurement (its U.S. She's also in charge of the 100+ Sustainability Accelerator, dedicated to startups that can bring technology-enabled innovation to AB InBev's operations. It's an open platform.
Our 200 startups never fail to impress us with their hard work and commitment to scaling their climatetech solutions! Interested in engaging with or joining our community of climatetech startups? Learn about how you can take action with our members or apply for startup membership ! Check out their latest accomplishments below.
The accelerator will advance six startups’ climatetech solutions and foster potential partnerships with Shell in carbon utilization, storage, and traceability Somerville, Mass. and Houston, Texas, Oct. and Houston, Texas, Oct.
Sixteen startups joined our community Q4 2023, working on innovations as diverse as low-emission steel production, hydrogen electrolyzers, and lightweight, flexible solar panels. We’re thrilled to support these groundbreaking climatetech startups—let us introduce you! The startup was previously a Greentown Go Energize 2022 participant.
And in energy circles, one of the biggest buzzwords in recent years is the virtual power plant, or VPP. But VPPs have really taken off in the last 10 years, not just as a concept but as something that a growing number of energy companies are creating, using and commercializing. The term first started to be bandied about in the 1990s.
Twenty-two climatetech startups joined our community in Q3 2024, working on technologies ranging from a ring anchor for offshore wind turbines, to electric personal watercraft, to industrial power-to-heat solutions. We’re thrilled to support these groundbreaking climatetech startups—let us introduce you!
Our 200+ startups never fail to impress us with their hard work and commitment to scaling their climatetech solutions! Interested in engaging with or joining our community of climatetech startups? Learn about how you can take action with our members or apply for startup membership ! Check out their latest accomplishments below.
Our 180+ startups never fail to impress us with their hard work and commitment to scaling their climatetech solutions! Interested in engaging with or joining our community of climatetech startups? Learn about how you can take action with our members or apply for startup membership ! Check out their latest accomplishments below.
The automaker’s sustainability goals include sourcing energy only from renewable sources and getting at least half the materials in its vehicles from recycled, bio-based or renewable origins — by 2030 in the U.S. The company has since whipsawed between its wholesale-energy legacy of fossil fuels and greener horizons.
Swedish startup Sourceful is proposing an ‘energy subnetwork’ within the Helium ecosystem to deliver what it claims is “the world’s first decentralised virtual power plant” (VPPs). Have you read? A viable concept? That is the theory but what about the practice?
I have heard IKEA leadership referring to coming back stronger than ever and there is no question that its 2030 strategy is at the heart of it; with product circularity, renewable energy investment and taking care of workers as some of the key tenants, IKEA's stewardship continues to be part of its core business model. Devan Tracy (2018).
Protecting satellite imagery from fraud Satellite imagery is becoming increasingly important as a source of data for energy and water utilities, as for other sectors also. Such climates generally have abundant sun or wind and are thus ideally suited to renewable energy production. Join Enlit Europe in Paris. Register now
From building multiple startups to helping develop the United Nations’ Sustainable Development Goals to now serving as BASF’s director of sustainability, Toomey has seen the intersection of sustainable technology and business from many different angles. Earlier in your career, you helped build two startups.
Duke Energy Florida is one of four Floridian energy companies to sign agreements and join as members of the Southeast Energy Exchange Market (SEEM). Duke Energy Florida, JEA, Seminole Electric Cooperative and TECO Energy joined the expanded platform and expect active energy trading in mid-2023. SEEM trading.
The five participants are disrupting the plastics, energy storage, and recycling value chains. Sabur says he has been impressed by BASF’s demonstrated commitment to sustainability and engaging startups. Greentown Labs is home to more than 100 startups and has supported more than 230 since its inception.
Technology like artificial intelligence (AI), sensors and blockchain are enabling companies to provide cutting-edge products and services for consumers – from virtual gyms to smart water dispensers – and increase operational efficiency as they do. It’s changed how we communicate, shop, travel, to how we get the food on our plate.
Here’s one from a startup pitch I sat through last year: Blockchain utility currency can ensure the security of transactions and can be used to securely purchase energy on the grid from any utility in North America. I’m just not moved by that pitch compared to the hundreds of other requests for my attention.
Close to 80 per cent of the 1,000 senior executives surveyed in spring 2020 by consulting firm Cognizant indicated that sensors and the internet of things were important for achieving sustainability goals: 72 per cent pointed to artificial intelligence and 60 per cent cited big data initiatives and blockchain as instrumental. (
If it weren't for conscious consumers actively trying to eat more sustainably, pushing companies to source better and more ethical ingredients, and striving to eat less meat and animal products, the sustainable food-tech startups that can scale massively to transform our food system would have a harder time getting off the ground.
Our startup members are the heart of Greentown Labs. Greentown Labs Houston will be the first climatetech-focused incubator in the city, aiming to serve as an on-the-ground catalyst for the energy transition in Houston. All of this is why we’re so excited to welcome our 16 inaugural Greentown Houston startup members.
Our 200+ startups never fail to impress us with their hard work and commitment to scaling their climatetech solutions! Interested in engaging with or joining our community of climatetech startups? Learn about how you can take action with our members or apply for startup membership ! Dash Clean Energy was awarded a $1.2M
Photo by Sharon McCutcheon on Unsplash If you’re a frequent reader of the Clean Energy Trust blog, it’s a pretty good bet you are interested in other good sources for news and insight. So, we’ve pulled together this list of resources for news and perspective on energy, venture capital, and entrepreneurship more broadly.
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