Energy Technology Matters

The Latest Legal, Financing, and Policy Developments in Energy and Clean Tech

Funding Opportunities for Early-Stage Clean Energy Companies from MassCEC

Posted in Client Highlights, Energy Efficiency, Energy Financing, Energy Technology News, Massachusetts Renewable Energy, Smart Grid, Solar, Waste to Value, Water

Recently, the Massachusetts Clean Energy Center (MassCEC) has opened up two top-rate funding opportunities for young, emerging clean energy companies in Massachusetts. Aimed primarily at university researchers and early-stage companies based in Massachusetts, the Catalyst Program and the InnovateMass Program are meant to fill the funding and opportunity gaps not addressed by private markets and set blossoming clean energy enterprises on a path to successful commercialization.

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ML Strategies Energy and Environment Update: Week of 10/20/2014

Posted in Energy Technology News, Federal Policy, Legislative Updates

ENERGY AND CLIMATE DEBATE

With just over two weeks until election day, Congress is preparing for a brief but intense Lame Duck session, while continuing final campaign pushes. With several races still in the too-close-to-call column, the Senate’s balance of power remains uncertain, though Republicans will retain control of the House.

In the meantime, climate negotiators will spend the week in Bonn, Germany, with the last United Nations Framework Convention on Climate Change summit prior to the annual international climate negotiation this December in Lima, Peru.

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ML Strategies Energy and Environment Update: Week of 10/13/2014

Posted in China, Energy Technology News, Events, Federal Policy, Legislative Updates

ENERGY AND CLIMATE DEBATE

With a little over three weeks to go before the elections, and just a bit more than that until the next round of international climate negotiations, the United States is trying to determine how, and how much, to reduce its greenhouse gas emissions over the next decade.

Whether and how Congress addresses climate and energy legislation in the coming two, four, or more years will become slightly clearer three weeks from now, when either Democrats retain control of the Senate, or the balance of power flips in favor of Republican leadership. Though the majority will be slim, the focus issues could be different, particularly if Senator Mitch McConnell’s (R-KY) campaign prevails, Republicans take control of the upper chamber, and he becomes Majority Leader. Whether or not he becomes Majority Leader, Senator McConnell has promised to continue his battle against Environmental Protection Agency greenhouse gas regulations. Should Democrats retain control of the Senate, Congress is likely to continue in much the same vein for the next several years: unable to pass comprehensive climate or energy legislation, and facing difficult battles even on much smaller measures.

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Top 10 IPO Tips from “On Your Mark, Get Set, IPO!”

Posted in Energy Efficiency, Energy Financing, Energy Technology News, Events, Initial Public Offering, Massachusetts Renewable Energy, Smart Grid, Solar, Wind

On October 1st, Mintz Levin, New England Clean Energy Council (NECEC), and Grant Thornton hosted “On Your Mark, Get Set, IPO,” a panel discussion concerning recent trends in the public offering market for cleantech growth companies. Industry veterans John Fairbanks (Aspen Aerogels), Mark Marano (Canaccord Genuity), Steven Berkenfeld (Barclays), David Lewandoski (Grant Thornton), and Sahir Surmeli (Mintz Levin) provided insight on the public offering process to help attendees determine whether their company is indeed ready to go public.

Worried that you missed out on this important event? Don’t be! You can see video highlights here. In addition, here are 10 key takeaways from the IPO panel discussion:

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ML Strategies Energy & Environment Update: Week of 10/6/2014

Posted in Energy Financing, Energy Technology News, Wind

The fifth annual United States-India Energy Partnership summit took place in Washington last week. The United States and India created the Clean Energy Finance Forum September 30 after Indian Prime Minister Narendra Modi met with President Obama in Washington for the first time since his election in the spring. The forum will bring together public and private sector officials to consider ways to mobilize financing for India’s expanding renewable energy market. The two countries also announced a $1 billion financing deal between the U.S. Export-Import Bank and India’s Renewable Energy Development Agency to help increase U.S. renewable energy exports to India and help India transition to a low-carbon economy. In the last four years, India’s solar market has grown more than a hundredfold to reach more than 2.5 GW of grid-connected installed solar energy. India is the world’s fifth largest wind energy producer, with 20 GW of installed wind capacity.

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ML Strategies Energy & Environment Update: Week of 9/29/2014

Posted in Energy Efficiency, Energy Financing, Energy Technology News

ENERGY AND CLIMATE DEBATE

United Nations Secretary-General Ban Ki-moon, more than 162 government representatives, including 126 heads of state and government, and leaders in the business and finance sectors convened a Climate Summit in New York City September 23. Though not an official international negotiation conference, the summit was the largest international climate change meeting since the 2009 Copenhagen Summit, and it aimed to advance the development of an international agreement to address climate change before the United Nations Climate Change Conference of 2015 in Paris, France.

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ML Strategies Energy & Environment Update: Week of 9/22/2014

Posted in Energy Efficiency, Energy Financing, Energy Technology News, Federal Policy, Legislative Updates, Solar, Wind

ENERGY AND CLIMATE DEBATE

Congress has recessed until after the November elections, and we turn our attention this week to energy and climate issues on the Administration and international fronts.

The House approved the continuing resolution (H.J. Res. 124) last week, keeping the government open through December 11, and the Senate’s approval followed shortly thereafter. The House also passed an energy package, the American Energy Solutions for Lower Costs and More American Jobs Act (H.R. 2) September 18. The measure, consisting of 13 already-House-approved bills, would approve the Keystone XL pipeline (H.R. 3, H.R. 3301), limit environmental regulations (H.R. 1582, H.R. 3826), and open federal lands to energy extraction (H.R. 4899). The House also approved a tax and deregulatory package, the Jobs for America Act (H.R. 4). The White House announced last week that the president would veto both the energy and tax packages if they came to his desk. The Senate will not act on the measures, but they afford a preview of the issues the upper chamber would consider if Republicans assume control of the Senate in 2015.

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House Energy and Commerce Subcommittee Considers State Perspectives on EPA’s Clean Power Plan

Posted in Energy Efficiency, Energy Technology News, Events, Federal Policy, Legislative Updates

On Tuesday, September 9, the House Energy & Commerce Subcommittee on Energy and Power discussed the Environmental Protection Agency’s (EPA’s) Clean Power Plan Proposed Rule at a hearing titled “State Perspectives: Questions Concerning EPA’s Proposed Clean Power Plan.” The Clean Power Plan, proposed by the EPA in early June of this year, implements a series of measures aimed to cut carbon pollution from the power sector by 30 percent from 2005 levels.

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ML Strategies Energy & Environment Update: Week of 9/15/2014

Posted in Energy Efficiency, Energy Financing, Energy Technology News, Federal Policy, Legislative Updates, Water, Wind

ENERGY AND CLIMATE DEBATE

Congress is in Washington this week for an intense few days before recessing until after the November elections.

The House will vote September 17 on the continuing resolution (H.J. Res. 124). Currently, the measure continues a policy provision that overrides Administration guidance limiting the Export-Import Bank from financing overseas coal-fired power projects. The continuing resolution, which would fund the government through December 11, extends the bank’s charter, which expires September 30, until the end of next June. The House had planned to pass the continuing resolution last week, but postponed the vote after President Obama requested approval of authority for aid to Syrian rebels. The chamber is still weighing whether to attach the president’s request to the continuing resolution or to take it up separately. The measure also includes funds to address the Ebola virus and would extend to December 11 a moratorium on taxing Internet access that is scheduled to expire November 1. The Senate will take up the measure shortly thereafter.

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