Cleantech venture capital rebounds with smarter, more patient investors

A contrarian story is emerging in cleantech venture capital.

BlackRock’s stranded assets

As the world’s largest asset manager, with a $6.5 trillion portfolio, BlackRock “has the power to lead globally to address climate risk, yet to-date it remains a laggard,” says Tim Buckley of IEEFA.

Amp Americas raises $75 million to convert farm waste to truck fuel

Houston-based energy investor EIV led the round.

Disrupt or be disrupted: Agent of Impact Erik Schiemann, Distributed Solar Development

Schiemann, a longtime GE executive, faced a classic “innovator’s dilemma” in nurturing GE Solar within the corporate giant since 2012.

SteamaCo raises $5 million for off-grid energy monitoring

SteamaCo's meters allow power operators to monitor household and business energy usage, and lets customers pre-pay via mobile phone or in person through agents.

German mobility company FlixBus closes $560 million for global expansion

The new funding will support expanded bus services in the U.S., Latin America and Asia; to lay groundwork for a train network in Europe; and to launch a ride-sharing service.

How GE and its investors misjudged the energy transition

GE “is a case study in how rapidly the global energy transition away from fossil fuels travels up the economic chain and destroys value,” says the Institute for Energy Economics and Financial Analysis.