In the July edition of Energy and Clean Tech Connections, we've gathered recent information from a wide variety of sources in an effort to keep you abreast of what's new in the world of clean energy. We draw your attention to the latest industry developments, news from local governments to Capitol Hill, grant opportunities, and upcoming events.
This month, the Energy and Clean Technology Practice Group would like to congratulate client EnerNOC. This week, the Boston-based power management company was named the top firm in the demand response industry by Greentech Media. After reaching new contracts with clients such as the Tennessee Valley Authority earlier this year, EnerNOC has increased its total load management to nearly 5 GW.
Data released this month shows that clean tech venture capital financing continued its upward trend in the second quarter of 2010, with investments totaling over $2 billion worldwide for the second consecutive quarter. After the global financial crisis drove investment in the space down in 2009—$4.85 billion invested following a record $7.6 billion in 2008—venture capital appears to be flowing to clean tech companies at pre-crisis levels. For more analysis on the data, please see our recent alert.
In Capitol Hill news, Senate Democratic leaders are reportedly set to bring comprehensive energy and climate legislation to a vote later this month. Senate Majority Leader Harry Reid (D-NV) announced that the bill will have four components: oil spill response; a clean-energy and job-creation component; a tax package; and a section that deals with greenhouse gas emissions from the electric utility industry.
We hope that you enjoy this month's edition of the newsletter. For the most up-to-date information on federal legislation and programs, please click here to find the most recent ML Strategies Weekly Energy and Environment Update.
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