Story
California
USA
How $22M in clean energy testing turned into $438M in investment

A case for public funding that accelerates climate tech and pays off.

One of the biggest hurdles clean energy entrepreneurs face is bridging the “valley of death” between promising technology and a market-ready product. Since 2019, New Energy Nexus’s CalTestBed Initiative has tackled that challenge head-on (thanks to a $22M investment made through the EPIC program by the California Energy Commission).

By offering startups vouchers for third-party testing at world-class facilities, CalTestBed helped 63 companies validate their technology, gain investor trust, and accelerate their path toward commercialization. The return?

A 19.9x multiplier:

  • $22M in testing support led to
  • $438M in follow-on funding
  • 300+ jobs created

Why it works: Trusted testing builds investor confidence

Startups received up to $300,000 each in testing vouchers, redeemable at over 70 labs across Lawrence Berkeley National Lab and nine UC campuses. This provided them with access to rigorous, independent validation – exactly what investors and customers need to mitigate the risks associated with early-stage technologies.

And the benefits went beyond funding.

58% of companies that completed testing reported TRL advancement; on average, their Technology Readiness Level (TRL) increased by 2.1

Several jumped from prototype to market-ready

“We went from TRL 6 to 9,” said a representative from Delphire Inc., a grid tech company. “That shift helped us unlock market access and investor interest.”

Innovation in action: real-world success stories

The companies that came through CalTestBed aren’t just testing, they’re scaling:

  • Community Energy Labs is helping over 20 school districts reduce their energy bills with smart building controls.
  • EH Group signed a deal to develop hydrogen fuel cell drivetrains for maritime shipping.
  • Enzinc opened a 10,000 sq. ft. plant in Oakland to scale zinc batteries—a safer, more sustainable alternative to lithium-ion batteries.
  • Gridware partnered with S&C Electric to launch a grid resilience solution.
  • ReJoule, an award-winning startup, enables EV battery reuse, building the circular economy for clean transportation.
The Enzinc team at the facility ribbon cutting.

The Enzinc team at the facility ribbon cutting.

Why Californians should care

The impact of CalTestBed goes beyond investor returns. For ratepayers, it means:

  • More reliable energy from proven, efficient tech
  • Lower bills from faster deployment of cost-saving innovations
  • Safer systems through standardized testing
  • A stronger economy from job creation and homegrown climate solutions

A smart bet on the future

CalTestBed, funded by the California Energy Commission’s EPIC program and administered by New Energy Nexus, is a model of how modest public investment of $22M, can unlock climate, economic, and equity wins. As the current funding cycle concludes in 2025, one thing is clear: this model works. It bridges the innovation gap, supports diverse entrepreneurs, and delivers value to investors and the public.

Read the CalTestBed impact report.

 

 

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News
Indonesia
KINETIK NEX to supercharge early-stage clean energy & climate startups in Indonesia
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A resident of Bungin Village, Indonesia, uses solar-powered cold storage to store fish catch. Photo by Yudha Baskoro

Jakarta, 25 June 2025 — Up to 15 early-stage climate and clean energy startups will be eligible to win grants totaling IDR 1.6 billion (US$98,000), as well as mentoring and access to investors under a new program to support innovation across Indonesia. 

The KINETIK NEX startup incubation program is led by New Energy Nexus and supported by KINETIK, the Australia-Indonesia Partnership for Climate, Renewable Energy and Infrastructure.

Five start-ups will be awarded funding for a total of IDR 1.6 billion to pilot their climate solutions.

The program will end with [RE]Spark, a clean energy and climate startup festival, where selected startups from the cohort will pitch their climate solutions to potential partners and investors. Under the program, journalists will also be trained in climate and clean energy reporting.

The KINETIK NEX aims to support Indonesia’s pledge to reach net-zero emissions by 2060 or earlier. Climate startups, which are critical to solving local challenges with homegrown solutions, continue to face barriers in accessing capital, market opportunities, and regulatory support. The initiative will prioritize women-led startups and those based in Eastern Indonesia.

According to a recent Climate Policy Initiative report, achieving Indonesia’s net-zero electricity target by 2060 will require renewable energy financing to increase more than five times, from around US$3 billion per year to approximately US$16 billion annually.

“Indonesia’s clean energy transition cannot succeed without empowering local innovators and ecosystem builders,” said Diyanto Imam, Director of New Energy Nexus Indonesia.

“Indonesia had huge clean energy potential, but fossil fuels still powered 80% of the country’s electricity. Through KINETIK NEX, we’re helping diverse startups to thrive and enabling local communities to drive clean energy solutions,” said Mr Imam.

“This is about unlocking talent and ideas from every corner of Indonesia, and making the energy transition inclusive, equitable, and locally driven.”


About KINETIK NEX

KINETIK NEX Initiative drives inclusive growth by supporting clean energy and climate startups and businesses across Indonesia.

Led by New Energy Nexus Indonesia with support from KINETIK, the Australia-Indonesia Partnership for Climate, Renewable Energy and Infrastructure, we champion local innovators, grow green jobs, and bring climate solutions to life beyond urban centres.

KINETIK NEX backs bold ideas for a prosperous Indonesia and a protected planet.

About New Energy Nexus Indonesia

New Energy Nexus is the world’s leading ecosystem of funds and accelerators supporting diverse clean energy entrepreneurs. In Indonesia, New Energy Nexus works to support the development of ecosystems that can support the needs of not only innovators, startups, and entrepreneurs, but also other stakeholders in the clean energy and climate solutions sectors.

Media contacts:

Raisha Fatya
Communications Manager, New Energy Nexus Indonesia
raisha.fatya@newenergynexus.com
+628118980051

About New Energy Nexus

New Energy Nexus (NEX) is an international organization that strives towards a 100% clean energy economy for 100% of the population. It does this with a laser focus on diverse entrepreneurs, supporting them with accelerators, funds, skills, and networks they need to thrive. NEX has accelerated 1,400 startups, empowered over 9,500 entrepreneurs, and mobilized over US$3.7 billion in investment. Since its founding in California in 2004, NEX now operates programs or advisory services in Australia, China, India, Indonesia, Nigeria, Pakistan, the Philippines, Thailand, the UAE, Uganda, the USA (California and New York), and Vietnam.

Follow NEX on LinkedIn, X, Facebook, and YouTube

Story
Thailand
Energy Access
Women
Thailand’s clean energy transition must have more women at the table

The clean energy transition is our chance to build a fairer future, yet women are still missing from the table. Around the world, only 15% of clean energy leadership roles are held by women.

Even in Thailand, a leader in the Asia Pacific region when it comes to women’s leadership in the energy sector, women occupy just 23% of leadership positions.

But when women are at the helm, the impact speaks for itself.

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Salinee Hurley. Photo from SunSawang

Salinee Hurley is proof that inclusive leadership powers inclusive solutions. A mechanical engineer specializing in solar, she founded SunSawang: a social enterprise bringing solar home systems and lanterns to off-grid villages along the Thailand–Myanmar border. She is also the Project Director at the Border Green Energy Team (BGET), an organization advancing clean energy access in the region.

Salinee’s journey into solar began when she pursued further studies in solar engineering in the United States. Returning to Thailand, she initially implemented solar projects through an NGO model, using grant funding to provide free installations in remote areas. Over time, she realized the approach lacked long-term sustainability.

To address this, Salinee transitioned to a social enterprise model, offering long-term payment plans that support both ongoing maintenance and local ownership.

“Free installations may help in the short term, but the real goal is to empower people to access energy independently in the long run,” she said.

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Solar installation at Maw Poe Kay High School. Photo from SunSawang

SunSawang now trains and hires local technicians and sales agents to serve their own communities. This localized model not only keeps systems functioning, but also supports economic activity—access to reliable electricity allows for evening work like weaving, increasing household income.

Salinee’s work also highlights the systemic barriers that persist in Thailand’s solar landscape: high upfront costs, inconsistent regional regulations, and limited financing options for low-income households. Recent steps, including draft laws to simplify rooftop solar permitting and new green loan products, are promising, but access remains uneven.

Last year, she joined New Energy Nexus Thailand’s SolarSTEP initiative, where she shared her expertise and connected with other women leading the shift to a cleaner energy future.

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Solar installation at Maw Poe Kay High School. Photo from SunSawang

Supporting women leading the way

SolarSTEP is designed to build skills and leadership among solar technicians and entrepreneurs, with a focus on women, to help accelerate Thailand’s clean energy transition.

This work is spurred on by Thailand’s ambitious target to reach 12,139 MW of solar capacity by 2037, as outlined in its Alternative Energy Development Plan (AEDP). Hitting this target will take more than policy; it requires investing in people, empowering women, and expanding access to rooftop solar across the country.

This is where SolarSTEP comes in. The program has already delivered seven trainings across Thailand’s Central, Northern, and Southern regions, reaching over 200 participants. These efforts have been strengthened through collaboration with key partners, including PEA Encom Smart Solution, PEA Encom International, and LONGi.

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Photo of the SolarSTEP 2024 Training program participants, including Salinee Hurley.

Looking ahead, we’re focused on scaling impact, broadening solar access, and building a sector that mirrors the diversity of the communities it serves.

If we want a just and resilient clean energy future, we need to break down the barriers that keep women on the sidelines and back those already leading the way. Empowering more women to participate and lead in clean energy isn’t just the right thing to do—it’s the smart thing to do.

Want to be part of building an inclusive clean energy sector in Thailand? Learn more about our work here.

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Australia
Renewable energy tech
Why Australia is key to the global battery future

Australia is charging ahead in the race to build a battery-powered world—and the timing couldn’t be better.

The nation’s growing role in the global battery supply chain took center stage at our recent webinar, Australia’s Time to Charge: Powering the Battery Future. The hour-long session, part of our Just Batteries initiative, explored how battery innovation, mass EV retrofitting, and smart policy could transform Australia into a clean energy powerhouse.

These industry experts led the discussion, held virtually on June 19, 2025:

  • Kirk McDonald, Project Manager- Supercharge Australia, New Energy Nexus
  • Andrew Chang, Chief Growth Officer, New Energy Nexus
  • Kyle Van Berendonck, Founder, Veepower
  • Derick Gyabeng, Program Lead – Supercharge Australia, EnergyLab

Why this conversation matters

The battery supply chain is the backbone of the energy transition, and Australia’s unique mix of critical minerals, renewable energy resources, supportive policies, and skilled workforce positions it to lead the way.

This is what we’re backing through Supercharge Australia, a collaboration between New Energy Nexus and EnergyLab. The program aims to support 150+ local startups, empowering them with mentorship, funding pathways, and global connections to expand Australia’s lithium battery value chain.

6 key insights from the webinar

1. Australia’s global opportunity is now

Australia is well-positioned to become a significant player in the battery-powered electrical transformation. Here’s why:

There are signals from state and federal governments that they want to move away from a fossil fuel-based export economy, such as:

  • Signing an agreement with 40 other countries at COP28 to phase out offshore support for coal, oil, and gas projects;
  • Passing the Future Made in Australia policy, which committed AU$22.7 billion over 10 years to build domestic capacity in green hydrogen, solar panel manufacturing, critical minerals processing, green metals, low‑carbon liquid fuels, and clean-energy manufacturing;
  • Australia could be a leader in homegrown battery manufacturing, and critical minerals refining and processing; and,
  • It’s building on a “globally competitive” battery export industry. Queensland alone is investing hundreds of millions into a sector that it believes will be worth US$1.3 billion by 2030, and can create up to 9,100 green jobs.

2. Mass EV retrofits could boost battery demand 20-fold

Retrofitting existing vehicles—especially commercial fleets—is a faster, cheaper, and lower-carbon way to scale EV adoption. Our second Supercharge Australia Innovation Challenge spotlighted 12 startups electrifying everything from mining trucks to boats.

The current projection of a 65GWh demand for stationary storage by 2030 could be massively higher with mass EV retrofits. Multiplying Australia’s vehicles by their estimated battery capacity, turning half of Australia’s vehicle fleet into EVs could multiply local battery demand 20-fold to over 1.3TWh, enough to justify domestic cell production and build a full onshore value chain (more here).

3. Startups like Veepower are leading the way

Kyle Van Berendonck, founder of Veepower and Retrofit Nation challenge winner, introduced Veepilot: a drop-in EV brain that lets large garages and re-manufacturers, through to individual garages, convert vehicles to electric with professional and supportable software — a key concern of retrofit solutions.

After a tour of California’s thriving clean energy ecosystem with New Energy Nexus, Veepower is now raising AU$500K from climate-focused investors to scale in Australia.

4. Smart policy can unlock big impact

The discussion emphasized the need for policies to support battery retrofits, including:

  • Support the emerging startup practitioners with ambitious non-dilutive government grant funding
  • Launch an AU$100–200M finance facility for training to upskill workers and kit production for vehicle upgrade
  • Establish mass EV retrofit precincts, particularly in regional Australia
  • Prioritize public fleet conversions to seed early demand

These interventions could support thousands of upskilled ICE workers (such as mechanics and automotive electricians) and create a more circular, cost-effective battery and transportation economy.

5. Startup support is critical

Through tailored workshops, mentorship, and investor-readiness training, the Supercharge Australia Incubator aims to help founders bridge key gaps in prototyping, lab access, and commercialization. As Kirk McDonald and EnergyLab project lead Derick Gyabeng said in the webinar, early-stage startups need consistent, generous support to grow from an idea to an investment-ready solution.

Moreover, Supercharge Australia is leading a push to bring learnings from California’s best practice startup testing program, CalTestBed, to Australia. As part of the CalSEED-CalTestBed pair offering US$1M in non-matching and non-dilutive support to founders, startups can receive vouchers up to US$300K in value to use at the University of California and National Labs testing facilities across the state.

CalTestBed has supported over 150 startups with $45M in vouchers, with over 40% being received by women and under-represented founders.

6. Australia’s Leadership Can Power the Region

The country’s battery innovation doesn’t stop at its borders. With Southeast Asia on the path to rapid electrification, Australia’s EV retrofitting industry can serve a region set to reach 770 million people by 2050.

Supporting Australia’s battery supply chain at this stage could play a huge role in the region’s clean energy transition.


Why ‘Just Batteries’

Batteries are the linchpin of the clean energy transition. But how we build this industry matters as much as how fast we scale it.

At New Energy Nexus, we believe battery innovation must be just, inclusive, and community-led. Today, the battery supply chain is dominated by a few countries and companies, with little accountability to communities, workers, or the environment. Battery recycling and reuse are underinvested solutions. And left unchecked, the race for minerals and manufacturing could replicate the injustices of the fossil fuel era.

This is what our Just Batteries initiative addresses. We have supported 116 startups across the battery value chain—from extraction to recycling—while shaping an innovation ecosystem rooted in equity, access, and sustainability.

Our work spans the full ecosystem, from startup accelerators and testbeds to international market access, because building a clean energy future means backing entrepreneurs at every stage.

Join us, invest in these startups, and let’s supercharge the transition in Australia and beyond. Check out how you can support this initiative and more here.

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Thailand
Is Net-Zero in Thailand possible? These climate startups are proving it is

The clean energy transition requires new ideas for deploying existing tech, especially in emerging markets such as Thailand. And startups are ready to take on the challenge.

At the Decarbonize Thailand Symposium 2025, co-hosted by New Energy Nexus Thailand and True Digital Park, 37 startups from around the world showcased breakthrough technologies that could drive the country’s clean energy future.

These nine startups represent some of the most promising clean energy and climate solutions across Asia and beyond – with fresh ideas, unique technologies, and growing relevance to New Energy Nexus’ mission of driving decarbonisation and accelerating the adoption of clean technologies.

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GeoAgni presenting at the Decarbonize Thailand Symposium 2025.

GeoAgni (Thailand)
Harnessing Thailand’s geothermal energy potential

GeoAgni is a geothermal power plant developer specializing in closed-loop systems that provide 24/7 stable, clean energy. Their scalable, low-impact technology supports Thailand’s energy security and carbon neutrality goals, offering a commercially viable solution for sustainable, locally produced renewable energy in industrial and grid applications.

skycool systems inc cover

Photo from Skycool’s website

SkyCool Systems (US)
Changing the game for urban cooling

SkyCool is the first in the world to develop a passive radiative cooling film that can keep any surface 5° to 8°C below the ambient temperature, just by being outside and under the sky. The film eliminates solar heat gain, reduces heating, ventilation, and air conditioning (HVAC) energy costs, and creates ‘cool’ islands in cities.

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Climind presenting at the Decarbonize Thailand Symposium 2025.

Climind (Hong Kong)
AI-powered carbon analysis

Climind is an AI platform for sustainability, offering enterprise-level search, ESG and climate report analysis, content generation, and carbon trading insights. It integrates corporate climate data, enhancing efficiency and decision-making. Through precise search, automated reporting, and AI-driven regulatory analysis, it aims to advance climate research, predict patterns, and drive low-carbon transformation.

tie ai clound platform

Image from T-Smart’s website

TIE Smart Solutions (Thailand)
AIoT-driven energy savings across Thailand

T-Smart is a tech-driven energy solutions startup specializing in Artificial Intelligence of Things (AIoT)-powered energy management for buildings and factories. They provide various technologies that help clients achieve up to 20 percent in energy savings while enhancing sustainability, operational efficiency, and long-term performance across Thailand.

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Screenshot of the Alto CERO system for buildings. Image from Altotech Global’s website.

AltoTech Global (Thailand)
Lower carbon, energy costs through AI algorithms

AltoTech’s Alto CERO system helps hotels, buildings, and factories to effectively consume energy and cut carbon emissions with Internet of Things (IoT) and AI algorithms. Their technology promises users can save up to 40 percent in energy costs, reduce their carbon footprint by 40 percent, and expect an attractive payback period of less than 3 years.

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GRST presenting at the Decarbonize Thailand Symposium 2025.

GRST (Hong Kong)
Safer binder materials driving battery circularity

GRST (Green Renewable Sustainable Technology) makes eco-friendly lithium-ion binder materials, which remove toxic PFAS or “forever chemicals” from lithium-ion batteries and make them easily recyclable in water. Their binder materials match industry performance and cost across all lithium-ion battery types, integrate easily into existing battery production, and are proven at commercial scale in their 1 GWh battery factory. They aim to become the global standard for eco-friendly binder materials, enabling clean circular battery production.

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Wongphai’s booth at the Decarbonize Thailand Symposium 2025.

Wongphai (Thailand)
Reducing carbon pollution through biochar

Wongphai is a sustainability solutions provider, transforming agricultural waste into accessible wealth. Contrary to the tradition of burning bamboo offcuts, Wongphai instead turns them into biochar or organic charcoal, eliminating potential carbon emissions. This biochar not only increases soil quality and crop yield, but also reduces methane emissions when used in septic ponds for pig farms. Through this regenerative agricultural solution, the startup aims to empower communities and drive a circular economy in the country.

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AIMOVE-TARA Project presented at the Decarbonize Thailand Symposium 2025.

AIMOVE-TARA Project (Thailand)
AI system aiming to unlock wave energy potential

This project is developing a real-time sensor and AI-driven analytics system, which monitors ocean wave patterns—data that can be widely used to calculate the energy potential of ocean wave power. This supports the future development of green energy generators and allows for the accurate prediction of natural disasters, like tsunamis and other related events.

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Carnotfleet’s booth at the Decarbonize Thailand Symposium 2025.

Carnotfleet (Singapore)
De-risking transport cooling systems

Carnotfleet’s plug-and-play cold chain system provides temperature control for transport and logistics. These products can be installed in existing non-refrigerated vehicles, turning them into temperature-controlled units in minutes with no upfront cost. These units are then controlled, optimized, and monitored with data connected to the cloud. The technology de-risks the cold chain and minimizes the business and environmental impacts of loss due to human error.


Entrepreneurs in Thailand and beyond are brimming with ideas. Imagine the possibilities when a strong ecosystem is backing them up, providing them with the connections and resources they need to take the next step.

This ecosystem-building work is what we do best at New Energy Nexus. Our Thai team organized this event intending to cast a global net on climate and clean energy innovators—in total, over 500 participants from various sectors converged in Bangkok to exchange insights on decarbonization and build relationships in the field.

From here, they will be part of a massive, global community of like-minded startups, industry experts, and potential investors, giving them new pathways to scale their business to a wider market.

Find out more about our work in Thailand.

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News
Southeast Asia
Women
IFC and New Energy Nexus launch accelerator for women-led climate startups in Southeast Asia

Update: Applications are still open until June 29 apply now!


Ho Chi Minh – She Wins Climate is a global initiative by the International Finance Corporation (IFC) aimed at accelerating women-led climate startups and increasing their access to climate investment. The Southeast Asia acceleration program, supported by the Government of Canada and the Government of Australia, and delivered in partnership with New Energy Nexus (NEX), is a 12-month program designed to propel 25 promising women climate entrepreneurs in the region to lead the transformation of climate action.

Women entrepreneurs continue to face significant barriers to scaling their businesses. Only less than 7% of climate tech venture funding in Q1 2023 went to women founders — likely even lower in Southeast Asia, where data remains incomplete.[1].

“Women-led climate startups have the potential to drive transformative change, yet they face systemic barriers, including limited funding and restricted access to networks,” said Thao Tran, Country Director at New Energy Nexus Vietnam. “This program is designed to equip female founders with the tools, connections, and confidence they need to scale their solutions and attract investment.”

The twelve-month program aims to enhance investment readiness, expand market access, and strengthen the business capabilities of women entrepreneurs tackling climate challenges. Selected participants will receive tailored mentorship, pitch coaching, and networking opportunities with investors and industry leaders.

The application window for She Wins Climate Southeast Asia is open from May 5 – June 13, 2025. The program kicks off in August with a virtual event, setting clear objectives and fostering collaboration. Participants will engage in a series of curated workshops addressing key challenges faced by women-led climate startups. This hybrid-format program will provide in-depth virtual sessions including mentoring, expert sharing, and peer learning, as well as in-person workshops covering essential topics such as investor pitch networking, overcoming gender biases in the climate business ecosystem, and accessing female-focused markets.

To ensure personalized support, the program includes one-on-one mentoring sessions, expert-led discussions on critical topics such as funding and legal strategies, and peer learning opportunities with the cohort members. Participants will also gain exposure to investors through pitch networking sessions and an investor matching event, helping them navigate the climate investment ecosystem and strengthen their investment readiness.

Additionally, participants will have opportunities to access a network of investors, join the She Wins Climate global alumni community, and increase visibility to showcase their work at IFC and the World Bank Group’s platforms.

About IFC​​

IFC — a member of the World Bank Group — is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities in developing countries. In fiscal year 2024, IFC committed a record $56 billion to private companies and financial institutions in developing countries, leveraging private sector solutions and mobilizing private capital to create a world free of poverty on a livable planet. For more information, visit www.ifc.org.

Media contacts:

Raisha Fatya, Indonesia Communications Manager – New Energy Nexus raisha.fatya@newenergynexus.com
+628118980051

About New Energy Nexus

New Energy Nexus (NEX) is an international organization that strives towards a 100% clean energy economy for 100% of the population. It does this with a laser focus on diverse entrepreneurs, supporting them with accelerators, funds, skills, and networks they need to thrive. NEX has accelerated 1,400 startups, empowered over 9,500 entrepreneurs, and mobilized over US$3.7 billion in investment. Since its founding in California in 2004, NEX now operates programs or advisory services in Australia, China, India, Indonesia, Nigeria, Pakistan, the Philippines, Thailand, the UAE, Uganda, the USA (California and New York), and Vietnam.

Follow NEX on LinkedIn, X, Facebook, and YouTube

Story
California
Energy Finance
ConNEX Workshop – Women Powering the Future of Clean Energy: key takeaways for founders and leaders

At a recent panel hosted by New Energy Nexus, Momentum, and Women In Cleantech & Sustainability, women leaders shared hard-earned insights on leadership, mentorship, fundraising, and building community in a male-dominated industry.

The conversation was rich with practical strategies—here are the top takeaways for women navigating clean energy entrepreneurship today:

1. Lead with Authenticity

Stop minimizing yourself. Panelists emphasized the importance of showing up fully, without apology. Habits like prefacing comments with “this might be a dumb question” or over-apologizing diminish your presence and power. Build self-awareness, and support others in breaking these patterns. 🗝 Takeaway: Practice naming your expertise confidently, and gently call in peers who downplay their own contributions.

2. Embrace Mentorship as a Two-Way Street

Mentorship was framed as reciprocal, not top-down. Effective mentors listen as much as they guide and often grow just as much through the relationship. Whether formal or informal, these connections expand capacity and build resilience.

🗝 Takeaway: Seek out mentors who empower you with autonomy, and mentor others to strengthen the ecosystem.

3. Build and Lean on Peer Networks

Trusted communities of women founders serve as essential spaces for candid conversations, resource sharing, and emotional support. These groups offer not just solidarity, but strategy.

🗝 Takeaway: Join or form a founder circle. Use it to trade investor intel, prep for pitches, and celebrate wins.

4. Fundraising? Get Strategic and Targeted

Clean tech fundraising—especially in hardware—requires long timelines and investor alignment. Panelists offered this guidance: Find patient capital. Look for investors who understand infrastructure and R&D cycles. Do your homework. Identify who’s backing startups like yours—and how they frame their pitch. Tap public funding. Federal and state programs can offer critical non-dilutive capital. Broaden your use case. Consider how your tech applies to defense, logistics, or housing sectors. Partner smartly. Strategic partners can be your gateway to investor networks.

🗝 Takeaway: Build a diversified funding roadmap—and look beyond traditional VC.

5. Start with the Customer’s Pain Point

Understanding your customers’ daily friction is essential for building products that matter. Don’t assume—ask. One founder shared how constant customer interviews shifted her entire go-to-market strategy.

🗝 Takeaway: Make customer discovery a continuous habit, not a one-time step.

6. Set Boundaries to Sustain Your Leadership Many panelists spoke to the emotional labor women often carry in teams, especially in mission-driven work. Supporting others is critical, but so is protecting your energy.

🗝 Takeaway: Build recovery time into your schedule and model sustainable leadership for your team.

7. Plug Into Structured Support Programs like the Women in Cleantech and Sustainability Mentorship Initiative (running January–April) offer structured ways to connect with mentors, grow your network, and level up professionally.

🗝 Takeaway: Don’t wait for mentorship to happen organically—seek out programs that invest in your growth.

Closing Thought: Women aren’t just participating in the clean energy transition—they’re shaping it. They’re accelerating a more inclusive, innovative, and impactful future by sharing knowledge, funding each other’s ideas, and leading with intention.

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News
California
Introducing Derrick Tang – California’s new Head of Programs
Derrick Tang, the program director for New Energy Nexus California standing in front of colorful skateboards.

Derrick Tang, the head of programs for New Energy Nexus California.

With over 15 years of experience in climate investments, venture capital, and clean energy entrepreneurship, Derrick Tang brings a wealth of expertise in funding and scaling climate solutions that prioritize equity and innovation. His experience and passion for cultivating the clean energy ecosystem in California made him an ideal choice to head up programs at the California chapter.

A Cornell University graduate with a B.S. in Chemical Engineering, Derrick combines technical expertise with investment and policy leadership to drive systemic change in the clean energy sector.

His career has been defined by launching and managing high-impact programs that support underrepresented entrepreneurs and accelerate the transition to a sustainable economy:

As Deputy Director of Venture Capital at IBank California, he was appointed by Governor Gavin Newsom to lead the state’s first public venture fund, deploying $250 million to underrepresented founders, underserved communities, and climate justice initiatives.

At the Bay Area Air District, he founded and led the Climate Investments team, creating the agency’s first loan program and California’s first loan guarantee program for climate startups. He also embedded racial and social equity into investment strategies.

In his prior role at New Energy Nexus, Derrick helped launch CalSEED, a grant and economic development initiative supporting early-stage clean energy entrepreneurs.

“I feel honored to take on this role at New Energy Nexus and shape the programs we offer to energy entrepreneurs throughout California,” said Tang, “The success of the innovations we have supported over the years proves our programs’ impact. Now we face new challenges and new opportunities, and I’m excited to help lead our efforts to meet this moment.”

Please join us in welcoming Derrick back to the New Energy Nexus team, this time in a leadership role. He will drive programs that empower diverse founders and accelerate the clean energy transition!

Subscribe to the California newsletter for monthly updates about the programs and startups this chapter supports.

Media contacts:

Melody White
Communication Manager, New Energy Nexus California
melody.white@newenergynexus.com

About New Energy Nexus

New Energy Nexus (NEX) is an international organization that strives towards a 100% clean energy economy for 100% of the population. It does this with a laser focus on diverse entrepreneurs, supporting them with accelerators, funds, skills, and networks they need to thrive. NEX has accelerated 1,400 startups, empowered over 9,500 entrepreneurs, and mobilized over US$3.7 billion in investment. Since its founding in California in 2004, NEX now operates programs or advisory services in Australia, China, India, Indonesia, Nigeria, Pakistan, the Philippines, Thailand, the UAE, Uganda, the USA (California and New York), and Vietnam.

Follow NEX on LinkedIn, X, Facebook, and YouTube

Story
Uganda
Energy Access
Unlocking Uganda’s energy access with systems thinking

By Julius Mujuni, Country Director – New Energy Nexus Uganda

I recently had the privilege of engaging with Otto Scharmer, a global thought leader in systems change. His call to adopt a systems thinking approach was a timely reminder of the complex and interconnected nature of energy access in Africa—and a rallying call to those of us working to address it.

For decades, a persistent and troubling figure has hovered over the sector: over 600 million people across Africa still live without access to electricity. We’ve seen incredible innovation—yet the challenge remains immense and deeply systemic.

Decades of innovation are laying the foundation

At New Energy Nexus Uganda, we have worked hard to meet this challenge. Over the past decade, models like Pay-As-You-Go (PAYGO) have enabled households to access solar technologies for the first time, especially in off-grid rural communities.

masindi 48 (1)

In rural Masindi District of Western Uganda, where access to electricity is very limited, a woman holds a solar panel that lights her home.

We’ve seen the catalytic role of micro finance institutions, helping families overcome high upfront costs. And through our own Results-Based Financing (RBF) program, we’ve delivered targeted support to Community-Based Organizations (CBOs) and Village Savings and Loan Associations (VSLAs)—trusted local actors uniquely positioned to drive last-mile distribution.

This approach is working:

  • In 2023 alone, 19,200 people were connected with clean energy products and 1,117 green jobs were created.
  • We’ve supported 654 entrepreneurs, 33% of whom are women.
  • We partnered with over 200 CBOs and VSLAs, expanding access to solar lighting, clean cookstoves, water filters, and briquettes​.

Why a systems lens matters

Otto’s insight reminded me that energy access isn’t an isolated issue—it’s intimately tied to income, resilience, and opportunity. Even when the grid reaches rural areas, low-income families often can’t afford electricity or use it productively.

So what if we centered productive use of energy—clean energy that directly powers livelihoods? What if access to Productive Use of Renewable Energy (PUE) technologies is the answer to low income earners getting sustainable access to other off-grid energy products? What if access to PUE technologies enables increased access to health services and other health related products?

The PURE program: Energy for income and impact

That’s what we’re testing through our PURE (Productive Use of Renewable Energy) initiative. This program is designed to empower rural entrepreneurs and farmers with income-generating, solar-powered assets like irrigation systems to increase agricultural output, milling machines to process produce locally, and other small-scale tools that can boost productivity.

We believe this approach can create a self-reinforcing cycle: energy drives income, income drives further adoption of other off-grid technologies up the energy ladder, and communities become more economically and environmentally resilient.

Asiazu Farmers’ Group in the West Nile region of Uganda receiving their solar-powered irrigation kit.

Community success stories: What’s already working

Take Utopia, a faith-based organization in western Uganda. With support from New Energy Nexus, they’ve:

  • Brought clean energy products to over 9,800 people
  • Launched an eco-tourism hub that distributes clean energy to surrounding communities​

Or look at KISE (Kitara Community Seed for Transformation) in Hoima, which has delivered clean tech to over 1,000 households and helped families redirect energy savings toward education and health​.

These are not just stories of technology distribution. They are case studies in systems change—where energy is an enabler, not the end goal.

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This solar lamp is her only source of light at night, in her home in rural Uganda.

A call to donors and funders: Help us go further

We know that unlocking Uganda’s clean energy future requires more than hardware. It requires patient, flexible capital, support for local leadership, and the willingness to fund models that may look different—but deliver a deeper, longer-term impact that leads to the growth of rural economies to tackle poverty, job creation, and inequality.

As we continue to gather evidence from our PURE pilots and deepen our partnerships with community led groups like CBOs and farmer groups, we invite funders and partners to join us in this journey. A journey that will enable us to create a business case for farmer groups and other entrepreneurs in off-grid communities to thrive and prosper as a result of running sustainable enterprises that use energy productively.

Let’s build an energy system that not only connects wires—but connects people to opportunity. Let’s go beyond access—toward income, equity, and resilience.

Learn more about New Energy Nexus Uganda.

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Philippines
Renewable energy tech
What universities in the Philippines need to power up clean energy innovation

The clean energy transition isn’t just happening in labs or boardrooms—it’s also being built on university campuses across the Philippines. At the heart of this movement are Technology Business Incubators (TBIs), which help entrepreneurs turn bold ideas into real-world solutions.

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That’s why New Energy Nexus Philippines, together with UMWAD Consortium, DOST Region 6, Iloilo Science and Technology University (ISAT U), and Innovate Iloilo, recently hosted an Energy Incubation Program Training for university TBIs in Region 6. This hands-on training brought together 11 universities and institutions* from across the Visayas to build the skills, partnerships, and strategies needed to launch the next generation of climate-tech and clean energy startups.

Here’s what we learned—and why it matters.

1. 🚀 Energy innovation needs a boost from campus to market
From solar-powered aquaculture to digital energy audits, university teams in the Visayas are brimming with ideas. But many clean energy startups still struggle with business models and go-to-market strategies. TBIs are stepping up to fill this gap—but they need more support to guide founders from research to revenue.

2. 🔍 Manual energy audits are holding back progress
Several universities highlighted how energy auditing is still done manually—a time-consuming and inefficient process. Digitizing these audits presents a major opportunity for startups and researchers to develop tech-based solutions that can scale across the region.

3. 📚 Clean energy is sparking curiosity in classrooms
Interest in energy innovation is growing among students and faculty alike. At schools like the Iloilo State University of Fisheries Science and Technology, clean energy topics—from IoT to smart grids—are becoming central to research and student projects. That’s a strong sign of a rising talent pipeline.

4. 🏛️ Stronger university integration = stronger incubation
To thrive, TBIs need to be embedded into the fabric of the university—not siloed from students, researchers, or decision-makers. Active outreach and curriculum alignment can help make energy entrepreneurship a core part of the academic journey.

5. 🤝 Co-incubation is the way forward
NEX Philippines is inviting TBIs to co-incubate energy startups with us—combining resources, networks, and expertise. It’s a powerful model for supporting startups that are tackling the region’s biggest energy challenges. (This reflects NEX’s global strategy of ecosystem collaboration.)

6. 💸 Funding and experts are make-or-break for TBIs
TBIs need more than just enthusiasm. Sustained operations require access to technical experts, funding sources, and proven business models. Without this, even the most promising ideas risk stalling out before they leave the lab.

7. 🎓 Energy entrepreneurship needs to be taught
TBIs are exploring how to integrate clean energy into research, extension programs, and classroom instruction. Building climate-tech capacity isn’t just about startup competitions—it’s about transforming the entire education system to prepare innovators for the real world.

Mervin Perez of Technological University of the Philippines – Visayas HIVE TBI, presenting their startup incubation plan.

What’s Next for Region 6?

This training is just the beginning. NEX Philippines is already planning:

  • Follow-up workshops on energy trends, startup mentorship, and sustainable business modeling
  • Demo days and showcases to spotlight regional clean energy innovations
  • Curriculum development aligned with energy entrepreneurship
  • Ecosystem-building efforts that connect universities with funders, government, and private sector partners

Behind every climate-tech startup is an ecosystem that helped make it happen. And as this training showed, Region 6 is full of institutions ready to lead.

NEX Philippines is proud to support this momentum—and we’re just getting started. Find out more about our work in the Philippines!


The workshop brought together 11 TBIs and institutions across the region:

West Visayas State University BINHI TBI | University of the Philippines – Visayas Seeds TBI | Iloilo Science and Technology University KWADRA TBI | Technological University of the Philippines – Visayas HIVE | Northern Iloilo State University QUINTO | Capiz State University CAPSULE Agri-Aqua TBI | Central Philippines University CPUGAD TBI | Guimaras State University ISLA TBI | University of Antique | Coastline 5023: DOST – UP Visayas Fisheries TBI | Iloilo State University of Fisheries Science and Technology DIKE

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