cleantech

NGA Reveals 10 Energy Trends to Help Govs Advance Their Goals

Motivated by a number of interests, including enhancing economic development for their states, governors are seeking ways to be more energy efficient and build their portfolio of renewables. To help states move forward in these efforts, the National Governors Association (NGA) has released a white paper outlining 10 new ways to address longstanding challenges focused around four approaches:

Around the World in TBED

Innovation quickly is becoming the key phrase for the world’s economies. Increasingly nations are turning their economic development efforts towards building 21st century economies that are cleaner, more efficient and built on collaboration, both domestically and internationally. The European Union, New Zealand, South Korea and the United Kingdom have announced new initiatives that target increasing their overall competiveness not simply in the short-term, but long-term. 

Georgia Lawmakers Pass Measure to Enhance Tax Credits, Boost Research Funding

Lawmakers last month approved a $19.3 billion state budget for FY13, which includes funding for many of the recommendations from a task force convened by Gov. Nathan Deal to enhance the state's innovation economy. Specifically, the budget boosts funding for the Georgia Research Alliance (GRA) to recruit researchers and allocates $5 million for cancer-related research. The legislature also passed a measure expanding the Georgia Jobs tax credits and R&D tax credit.

U.S. Leads in Clean Energy Investment With Recovery Act Support

The U.S. attracted $48 billion in clean energy investment in 2011, reclaiming the top spot from China, according to a new report from the Pew Charitable Trusts. Pew attributes substantial increase in U.S. investment (up 42.4 percent over 2010) to a rush of spending as investors took advantage of Recovery Act programs before they expired at the end of 2011. In China, which led last year's ranking, investment modestly increased to $45.5 billion. With the end of U.S. stimulus programs, China appears well situated to regain the top spot this year. Read the report..

MaRS Launches Canada's First Early Stage Clean Tech Venture Fund

MaRS Discovery District, Toronto's innovation and entrepreneurship center, has launched a $30 million early stage clean tech fund, the first of its kind in Canada. This week, the group announced that it had raised its fundraising goal entirely from private sources, and that released information about its first two investments. The MaRS Cleantech Fund LP portfolio companies will be encouraged to seek maximum support from MaRS. Read the announcement... Interested in how U.S. states and regions are catalyzing clean tech innovation? Join Lewis Milford of the Clean Energy Group, Mark Muro of the Brookings Institution and Matthew Stepp of the Information Technology and Innovation Foundation on April 19 for a webinar to learn about how the energy debate is resulting in new policies and programs and the local level. Read about SSTI webinars...

New England Clean Energy Foundation Announced New Clean Tech Initiative

The New England Clean Energy Foundation (NECEF), in partnership with the Connecticut Clean Energy Finance & Investment Authority, announced a new initiative to spur innovation and research in clean technology across New England. According to the Boston Business Journal, The New England i6 Green Program leverages a $1.25 million i6 Challenge award from the U.S. Department of Commerce's Economic Development Administration and an additional $1.65 million raised by over 40 partner organizations (e.g., state agencies and nonprofit organizations) to fund a consortium aimed at addressing the region's gaps in the current clean energy innovation ecosystem through a combination of capacity- and network-building. NECEF's i6 program initially will be tasked with two responsibilities:

DOE Offers $25M for U.S.-India Energy R&D Center

The U.S. Department of Energy (DOE) announced that it will commit $25 million over the next five years to support the U.S.-India Joint Clean Energy Research and Development Center, as part of the Partnership to Advance Clean Energy. DOE will provide matching grants to universities, national labs, private companies and others to support research in energy efficiency, second-generation biofuels and solar energy. The $50 million contributed by DOE and award grantees will be matched by an additional $50 million in public and private funds from India. Facilities associated with the program will be located in both countries. Read the announcement...

USDA and DOE Announce Partnerships to Support Biomass R&D

The Department of Agriculture (USDA) and the Department of Energy (DOE) announced the Biomass Research and Development Initiative (BRDI) — a $30 million initiative to support up to 10 research and development (R&D) projects focused on advanced biofuels, bioenergy and high-value biobased products. Projects should propose integrated science and engineering research in three technical areas of interest:

DOE Pledges $170 Million to Advance Solar Photovoltaic (PV) Technologies

Steven Chu, the Secretary of Energy, announced nearly $170 million in available funding over the next three years to support the advancement of Solar Photovoltaic (PV) technologies in four areas:

Incubator Round Up

Recent announcements of new and emerging technology incubators range from Google's selection of Cape Town, South Africa to launch a pilot incubator supporting technology entrepreneurs that it hopes to replicate globally to Alabama Gov. Robert Bentley's plan to create a statewide business incubator focusing on workforce training. Select announcements from across the globe are highlighted below.

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