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.
The global energy crisis is driving a sharp acceleration in installations of renewable power, with total capacity growth worldwide set to almost double in the next five years, overtaking coal as the largest source of electricity generation along the way and helping keep alive the possibility of limiting global warming to 1.5 °C.
Here are some of the innovators around the world we’re thrilled to support who are accelerating the growth of the clean energy economy. If you are a startup or a potential founder, learn more about our programs and find out how we can boost your innovation.
Wiibike offers the first Made-in-Vietnam e-bike which aims to promote physical exercise, while also getting more fossil-fueled cars and motorbikes off the road. Wiibike sold 1,000 bicycles, and has a goal to sell 2 million bicycles by 2030.
Wiibike participated in New Energy Nexus Vietnam’s Cohort 2 program, which helped them define their business model, gain more insight into the fundraising process and connect them with partners to grow their business.
75F makes dumb buildings smart. Their solution uses wireless sensors, equipment controllers and predictive software to create micro-zones in buildings, allowing for automated and personalized temperature and airflow. 75F can help reduce a building’s energy use by 30-50% with its IOT-based building automation system.
75F leveraged the US$26,000 pilot grant from our New York program, The Clean Fight, to help fund its first New York City installation. Additionally, 75F utilized a US$200,000 financing grant from The Clean Fight.
Seniverse is a big data company, leveraging satellite data, AI, machine learning and IoT to deliver asset-level physical risk predictions on a computing platform. Seniverse’s technology predicts average power consumption with 3.02% greater accuracy, which both lowers the cost, and increases generation, of solar and wind power.
Seniverse is a member of New Energy Nexus’ second EXCEL Accelerator cohort. During the program, NEX provided deep-dive workshops with leading corporations, one-on-one interviews with business units, connected Seniverse with investors and recommended them for various international awards.
Homeowners interested in efficiency and clean energy upgrades often struggle to know where to start and if their investments will pay off. Pearl Certification is the standard for homes that go above and beyond to keep consumers stay comfortable, healthy and save energy. Pearl Certification makes high-performance home value visible to benefit homeowners and the contractors, builders, raters and real estate professionals who serve them.
Pearl Certification is part of the second cohort of The Clean Fight – our New York program which is focussed on accelerating growth stage clean energy startups.
Thai Carbon Co. Ltd. transforms CO2 absorbed by plants to provide high quality, sustainable and engineered carbon solutions.
Working with corporate partners in our ‘Decarbonize Thailand Sandbox’ program, we are helping them expand their business opportunities.
BANANA & Partners (BnP) works on solving the issue of unmanaged waste in Indonesia. Their processing unit, called PANDORA, generates energy from waste. They also use their operational budget to empower their local community.
BnP was part of New Energy Nexus Indonesia’s ‘Smart Energy’ incubation program.
Hive Energy PH provides portable solar generators and integrated battery energy storage systems for back-up power and energy access applications. They also provide portable solar panels, as well as installation of off-grid systems.
Amiel joined a workshop designed by New Energy Nexus Philippines that helped him develop the idea of a portable energy backup storage, based on his own personal experience of frequent power interruptions. He also applied for our Energy Acceleration Program where he developed customer acquisition, legal, management, and finance skills that allowed him to scale his business.
Disability Art Project Uganda (DAPU) is a community of people with disabilities who come together with the aim of empowering others with disabilities, develop practical skills, confidence, and fulfill their creative potential. Their clean energy business creates additional revenue for their organization, as well as help some of their beneficiaries gain meaningful employment.
Disability Art Project Uganda joined our Clean Energy Program run by New Energy Nexus Uganda. Combined with the profits generated from the seed loan, DAPU was able to start a skills training program of its own.
Sepion combines the latest in nanoscience, polymer chemistry, and cell engineering to deliver lithium-metal batteries that extend electric vehicle range by 40% and reduce cost of energy by 15%. Sepion’s advantage lies in its breakthrough, proprietary membrane technology that protects lithium during charging and discharging while being specifically designed to integrate with lithium-ion manufacturing infrastructure, dramatically lowering the barriers to market entry.
New Energy Nexus supported early de-risking of Sepion’s lithium-metal membrane product through the CalSEED concept award and later through the prototype award. This capital helped Sepion retire enough technical risk to successfully close an oversubscribed Series A in November 2021 and attract Solvay as a strategic investor.
EV charging platform Kazam (KAZAM Charging Station) is building India’s largest, smart and affordable network of electric charging stations!
Through our ElectronVibe program, Kazam had the opportunity to work with one of our many electric utility partners in India.