We all know that climate tech startups, especially hard tech, cross multiple valleys of death and therefore need not only more capital, but different types of financing to scale. In the diversification of your startup’s capital stack, project finance can be an invaluable tool. …
New Energy Nexus has been supporting clean energy startups longer than any other accelerator in Uganda. What we find most exciting is the unique way in which we operate here, empowering entrepreneurs in off-the-grid communities. …
We are excited to announce the addition of three new startups to our Smart Energy Program 2023 Cohort that is currently running. The world is transitioning towards a more sustainable future, and these startups are leading the charge by creating innovative clean energy solutions that are contributing to the growth of the sustainable economy in Indonesia. …
Enzinc is leading the charge in the pursuit of better, more sustainable battery technology. Through strategic use of public funds, the company is breaking through the limitations that have held back the use of zinc as a powerful and rechargeable battery material. What makes their innovation unique is that zinc is not only safe and nontoxic, but it is also …
A lithium battery recycler, Renewable Metals, has won the inaugural Supercharge Australia Innovation Challenge Award with its unique technology that turns battery waste into battery metals. …
International Women’s Day is a time to celebrate the achievements of women and to recognize the challenges that women continue to face around the world. In Uganda, where more than 80 percent of the population lives in rural areas, the lack of access to energy is a major impediment to women’s economic and social empowerment. …
Shanghai, China, 22 February 2023 – The 2023 Climate Fintech Accelerator hosted by New Energy Nexus (NEX) has officially started recruitment. It is an accelerator dedicated to the climate finance sector, aimed at accelerating fintech innovation by providing support services to startups such as commercial matchmaking, training, and networking. …
Key recommendations in the Li-Bridge report include a buying consortium for raw energy materials, a system of shared pilot lines to speed the commercialization of new battery technologies, significant additional investment in battery industry workforce training, and permitting reform. …
Denpasar, 11 February 2023 – New Energy Nexus Indonesia officially announces 10 startups that will join the Bali Women Climate Entrepreneur Project. This acceleration and incubation program offers four months of tailored business support for women-led climate entrepreneurs in Bali to enhance their development. With this program, New Energy Nexus …
Danny Kennedy, CEO of New Energy Nexus, takes a look at some of the trends that will shape the clean energy innovation space, and how New Energy Nexus is positioned to accelerate startups around the world in 2023. …
Sydney, 2 February 2023 – Australia’s lithium battery value chain – currently only representing 1% of global product value despite the nation producing 60% of the world’s lithium – is about to get a major boost through support to eleven startups that are participating in the inaugural Supercharge Australia Innovation Challenge. …
Oakland, CA, 25 January 2023 – The California Sustainable Energy Entrepreneur Development (CalSEED) program is pleased to announce Planet A Energy and Sonocharge as the winners of the fifth annual Prototype Awards. The awardees were selected through a rigorous business plan competition where companies demonstrated the significant commercial promise of …
2022 has turned out to be a big year for climate solutions. With a rise in the global energy crisis and energy security concerns caused by geopolitical turmoil, more countries are turning to renewable energy than ever before. …
Energy storage is critical to help us unlock the full potential of renewable energy. Without energy storage systems, we would not be able to affordably reach net-zero greenhouse gas emissions. It is a key step to enable low carbon systems that will help fight climate change and make affordable energy more accessible to everyone. …
The managing, trading, and financing of more and more distributed renewable projects, such as rooftop solar and EV charging stations, is becoming exponentially more complicated. Current energy systems and financing models are increasingly no longer fit for purpose, but this is creating new opportunities for climate fintech startups. …
The seven newest awardees – Startups Tolo, ALD Solutions, RePurpose, Gridware, Hago Energetics, Parthian Energy, and Leap Photovoltaics – were selected this year to receive CalSEED’s Prototype award of $450,000 to continue to develop their breakthrough innovations for batteries, storage, energy efficiency, and renewable generation. …
Earlier this year, LACI announced a $6 Million Cleantech Debt Fund to provide loans of up to US$50,000 to help early stage startups serve their first customers, and bridge loans of US$250,000 for later stage startups. To make the financing more accessible to traditionally underserved populations, LACI is not requiring personal collateral or personal credit …
Climate of Change with Cate Blanchett and Danny Kennedy explores anxiety and optimism in the face of the climate crisis and launches today for a second series. …
The Clean Fight today announced that it has been named the program administrator of the $10 million Empire Technology Prize (ETP) program by the New York State Energy Research and Development Authority (NYSERDA). The Clean Fight will lead the management and co-creation of the Empire Technology Prize, a challenge focused on advancing the decarbonization of …
Supercharge Australia is a new initiative that aims to develop an ecosystem in Australia to support lithium battery innovation and capture more of the lithium value chain. This follows the recent Clean Energy Demand Initiative between the US and Australia, which aims to unlock to unlock up to $US2.8 billion in funding for Australia’s clean energy sector, …
Hong Kong and China Gas Company Limited (Towngas) launched its second TERA Award Smart Energy Innovation Competition, a global startup program aiming to help selected clean energy startups achieve commercial success. …
New Energy Nexus CEO, Danny Kennedy, takes a hands-on look at Azura – a startup in Indonesia opening an ocean of opportunities for marine electrification. …
LG Energy Solution (LGES), in partnership with New Energy Nexus launched its second Battery Challenge (BC), a global startup program aimed to accelerate next generation battery technologies to meet the increasing demands of the energy transition. …
An additional US$11 million in EPIC funding was approved by the California Energy Commission to extend the term of the California Test Bed (CalTestBed) initiative into 2026, a highly successful public-private partnership led by New Energy Nexus, and implemented in partnership with the University of California Office of the President (UCOP) and Lawrence …
The residential water heater – often unsightly and awkwardly installed in garages and closets – is an essential home appliance that is often overlooked when it comes to energy efficiency upgrades. This is despite the fact that gas-powered water heaters are the second largest source of greenhouse gas emissions in California’s building sector. …
New regulations covering China’s building sector could open up opportunities for more energy efficiency innovations. The market is ripe for startups to take advantage and accelerate the country’s clean energy transition, writes Yi Luo, a Climate Fintech Program Associate at New Energy Nexus China. …
New Energy Nexus held the biggest clean energy startup festival in Indonesia in June 2022, with thousands of participants from the renewable energy and climate innovation sector. The [RE]Spark Renewable Energy Festival is a key part of our effort to build a clean energy startup ecosystem. …
EXCEL Accelerator is a growth-stage accelerator focused on the clean energy transition and climate change mitigation in China. Leveraging our connections in local government, academia and industry, EXCEL Accelerator provides growth-stage startups with technology/product expertise, pilot opportunities, and market expansion. …
The 2022 EXCEL Accelerator was launched today with the announcement of 16 clean energy startups in the third cohort. Each of these innovative startups will be given opportunities for business development and market expansion. …
The partnership will connect Australian startups to customers, capital, and resources in overseas markets that are critical for climate action, such as the USA, Southeast Asia, and India. …
True Digital Park in partnership with New Energy Nexus (Thailand) announces the launch of a program to support decarbonization according to the National Energy Plan 2022 called ‘Decarbonize Thailand Startup Sandbox’ (DTS). This program facilitates five industry leading corporations to engage with climate tech startups and work on pilot and deployment …
The California Sustainable Energy Entrepreneur Development (CalSEED) program is thrilled to announce that two new cohorts of Concept and Prototype awards have been approved by the California Energy Commission (CEC). 30 clean energy startups were selected to receive funding of either US$150,000 for their concepts or US$450,000 for their prototypes. …
From swappable batteries in Indonesia to decarbonizing New York’s legacy buildings, clean energy entrepreneurs around the world are helping fix our planet and make energy more accessible. Read on to discover 6 entrepreneurs in our portfolio that are setting the benchmark for impact and innovation. …
HRH PRINCE WILLIAM, MARY ROBINSON, ADAM MCKAY, KATY MILKMAN, IMOGEN HEAP AND MORE JOIN THE LINE-UP FOR NEW AUDIBLE ORIGINAL PODCAST, CLIMATE OF CHANGE WITH CATE BLANCHETT AND DANNY KENNEDY. Launching today, the series showcases the ground-breaking work being done around the world to tackle the biggest environmental challenges facing humankind. …
Blockchain will emerge as key development in climate fintech in 2022, mainly due to the boom of distributed renewable energy projects, such as residential solar and the tracking of supply chain carbon emissions data. …
Aneri is starting as our Chief Operating Officer, helping lead the work to scale our organizational impact around the world. But it’s not her first experience with New Energy Nexus, having founded ENVenture in Uganda (which NEX eventually partnered with), as well as previously sitting on our global Board. …
Two new companies have been added to the Indonesia 1 Fund portfolio: SES, an energy efficiency company, and SWAP Energy, an e-mobility startup. The Fund has also recently co-invested with East Ventures (an EV growth fund), PT Saratoga Investama Sedaya Tbk. (Saratoga), and Schneider Electric in a follow-on investment in the solar PV startup, Xurya, in its US$ …
A new partnership between New Energy Nexus and Clean Tech Hub announced today will accelerate diverse clean energy entrepreneurs and the development of local ecosystems to support climate solutions across Nigeria and West Africa. …
Entrepreneurship has been a key driver of economic growth in Africa, promoting competitiveness and fostering job creation, particularly among young people. According to reports from Briter Bridges*, investment in African tech start-ups reached $4.9 billion in 2021, marking a significant increase from the $2.4 billion invested in 2020. Despite growing …
What are the unique challenges and hurdles women face to become clean energy entrepreneurs? What needs to be done to break down these structural barriers? And what advice do other women in the clean energy ecosystem have for up and coming talent? We asked some of experts around the world at New Energy Nexus. …
A 100% clean energy economy for 100% of people requires us to rebalance the scales of power and money: shifting resources to support innovation where it’s needed most, empowering those traditionally excluded from the start-up ecosystem, and focusing on clean energy adoption as much as clean energy innovation. …
Women-founded and led startups are receiving more attention in Southeast Asia, but they still represent a very small fraction. This is the focus of a webinar bringing together entrepreneurs and experts at “Women Empowerment in Southeast Asia’s Clean Energy Economy” virtual meetup on 9 March, one day after International Women’s Day. …
Despite the ongoing pandemic, 2021 taught us to celebrate the small wins of the growing ecosystem of China-based climate innovators. In our discussions with a host of climate and ESG experts in China, we learned that these innovations are set to expand across the value chain in 2022, from glass-free solar solutions to AI-backed ESG data technology. …
“Denise brings a wonderful combination of public and private sector experience along with time as an entrepreneur to New Energy Nexus,” said New Energy Nexus CEO Danny Kennedy. “She will strengthen our global management team and provide the leadership needed to propel us to the next level in California as we collectively strive to meet our 100% clean …
The new finance flowing into clean energy last year is a leading indicator of bigger and better shifts to come in the global economy. But what we now need are more diverse climate entrepreneurs to step up. As we get ready to leap into the Year of the Tiger, hear from Danny Kennedy how clean energy entrepreneurs can jumpstart their ideas with us in 2022. …
The search for the winners of The Earthshot Prize 2022 has begun and New Energy Nexus is proud to be an official Nominator. Launched in 2020 and with the first incredible winners announced in October 2021, The Earthshot Prize is the most prestigious global environment prize in history, aiming to find new solutions to the world’s biggest environmental …
Despite less than ambitious climate action at COP26, renewable energy records are still skyrocketing. Additions of renewable power capacity are on track to set yet another annual record with almost 290 gigawatts commissioned this year alone. That’s 3% higher than 2020’s already exceptional growth! …
It’s a little known fact outside of this part of the world, that Uganda is a hotspot for entrepreneurs. My home of Uganda is brimming with an enterprising community ranked as one of the most entrepreneurial in the world. So as someone working in the climate space for 7 years, I didnt just see the climate talks in Glasgow as an opportunity to tackle climate …
New York, November 18, 2021 – Dodo, an all-in-one platform that helps companies to rapidly measure their emissions and access green, affordable finance, has won the inaugural Climate Fintech Cards & Payments Challenge (C&P Challenge). The challenge is an initiative the global nonprofit New Energy Nexus launched to catalyze innovation across the financial …
Rambu Yati Radandima, a finance manager in Indonesian start-up Sumba Sustainable Solutions (3S), is giving back to her community. A start-up with a focus on inclusive and sustainable innovations in Sumba Island, 3S provides local schools, villages and community health centres with access to solar power. …
New Energy Nexus Uganda – an organisation supporting entrepreneurs to provide clean energy products in Uganda’s rural communities, where only 19% of the population have access to electricity – is a winner of the Ashden Award for energy access innovation. …
New Energy Nexus and HolonIQ released the inaugural Southeast Asia Climate Tech 50, a list of the most promising Climate Tech startups and companies in the region. The list forms part of the ‘Global Climate Tech 1000’ and an open source taxonomy for climate technology to be launched next week at COP26. …
Danny Kennedy will be one of 26 commissioners bringing their expertise to California 100, a new statewide initiative focused on long-term planning and visioning for California future …
Li-Bridge, a public-private alliance representing the U.S. battery ecosystem, convened by the U.S. Department of Energy (DOE) and managed by Argonne National Laboratory, released …
NOA introduces eco-friendly transport as a choice to cope with increasing air pollution while also educating its customers on the benefits of EVs and clean energy transport.
Indonesia’s cold chain logistics market will be valued at over US$12 billion by 2031. …
This video is the first of 3 episodes exploring how CalSEED awardees are innovating battery chemistry to create better, safer and longer lasting batteries that will help to …
SWAP ENERGI INDONESIA is pioneering swappable battery …
In Uganda, over 85% of the population lacks access to electricity, and 98% lack access to modern fuels for cooking. …
Presented at COP26 at a ceremony attended by the President of Costa Rica Carlos Alvarado, the Ashden Award honours pioneering organisations lowering carbon emissions and building a …
