Envision Solar has secured $4.5 million for solar electric-car charging. The San Diego-based company has developed a solar charging station for electric vehicles that can fit within a standard parking space and generate enough power for 225 miles of driving time. The company raised the $4.5 million in debt capital from an unnamed investor.
The Dutch “responsible electronics” startup launched four years ago, selling a modular cellphone handset made with sustainably sourced minerals, and funded through crowdsourcing. The latest round is backed by Pymwymic Impact Investing Cooperative and DOEN Participaties, the investment arm of the Dutch DOEN Foundation. The funds will be used for material sourcing, production, distribution, recycling
China, the world’s largest car market with over 25.5 million cars and light vehicles sold in 2016, has signaled an end to production of fossil fuel-burning vehicles — someday. There’s no timeline for the timeline for China to stop making internal-combustion vehicles. But China has set goals for electric and plug-in hybrid cars to make up at
2030 Even a modest increase in electric-vehicle sales, to 20% of new car sales, would cut gas revenues by $3 billion Photo credit: Department of Energy According to the International Energy Agency, the number of electric vehicles on the road hit two million in 2016. Registered plug-in and battery-powered vehicles rose 60% from 2015. Tech improvements, particularly in
Impact Engine, an early-stage investor in Chicago, shared lessons about resource efficiency from its portfolio of about three dozen “impact tech” startups. (An earlier article highlighted investable opportunities in economic empowerment.) Impact Tech Opportunity Series (Pt. 2): Resource Efficiency Take Measurabl, a San Diego startup that helps commercial real estate owners collect and manage the
Hello ImpactAlpha readers! #Featured: Open Mic Operation Impact: Four practical innovations from impact investing problem-solvers. The Case Foundation’s Rehana Nathoo kicks off a four-part series on ImpactAlpha to share lessons learned in changing investment culture, practice, expectations and habits to enable a new level of impact. Over the next month or so, we’ll feature pieces from
The U.K. government is planning to ban all petrol and diesel powered cars by 2040. But growing market demand for electric cars may render that deadline irrelevant. Falling costs mean electric vehicles may undercut conventional vehicles by as early as 2025 in the U.S. and Europe. Electric vehicle ownership is expected to match conventional cars