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Batteries have become VC and PE’s most electric investment opportunity

TechCrunch

Rather, it’s more likely that VC and PE have sensed that the world is changing, and they’re adjusting their strategies accordingly. in 2035 and France in 2040. “Too much money” might explain the size of some of these bets, but it doesn’t explain their existence. Countries across Europe began announcing bans in the late 2010s.

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NJEDA Establishes New Jersey Green Bank to Advance Climate Goals

American Entrepreneurship

The Murphy Administration has taken significant steps to meet the ongoing challenges of climate change and has set several clean energy targets, including 100 percent clean electricity by 2035,11 gigawatts of offshore wind power by 2040, and 50 percent economy-wide greenhouse gas emissions reduction by 2030.

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Nearly $4M in Grants to Support Offshore Wind Workforce Training Approved by NJEDA Board

American Entrepreneurship

This is another step towards achieving 11GW of offshore wind by 2040 while creating a better future for the next generation.” With these grants, we are helping ensure equal opportunities for these sustainable careers are available to all workers in our state,” said New Jersey Department of Labor Commissioner Robert Asaro-Angelo.

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Request for Startups: Climate Tech

Y Combinator

The financial opportunity of doing so is massive: an estimated $3-10 trillion in EBITDA will be up for grabs. Electrifying these vehicles is a big carbon opportunity: while buses and trucks only represent 10% of the vehicles on the road, they generate 30 percent of the sector’s global greenhouse gas emissions.

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EVs to power Kenya’s bus rapid transit system

TechCrunch

The BRT was proposed by the NAMATA in a 2019 report as a strategy for easing traffic congestion in Nairobi, where over three million commuters spend an average of 57 minutes everyday on short journeys. Opportunity for EV startups in Kenya.