CEVG investment

The Clean Energy Venture Group (CEVG) announces investments in BlueDot Photonics and 60Hertz Energy

The Clean Energy Venture Group (CEVG) is pleased to welcome BlueDot Photonics and 60Hertz Energy as part of its group of portfolio companies.

“Both companies bring unique capabilities in their space and we are thrilled to include them in our ecosystem to help support their success” said Jean-Noel Poirier, Executive Managing Director at CEVG.

Each investment included a unique syndication of investors, such as VoLo Earth, E8 Angels, Climate Impact Capital, SeaChange, and Factor[e]. CEVG’s investments were led by CEVG partners John Harper and James Ellis.

BlueDot Photonics is a leading innovator in new applications of perovskite materials, developing quantum-cutting technology that can lower the cost of solar power by up to 10% by improving energy yield in silicon solar panels by up to 16%. Long-term, BlueDot is committed to pushing solar panel efficiency and costs beyond the limits of current silicon technology.

60Hertz Energy is the only offline-first Social Impact CMMS (Computerized Maintenance Management System) for remote microgrid assets and teams. 60Hertz is innovative because of its focus on remote and emerging markets use in settings with limited bandwidth.

Clean Energy Venture Group (CEVG) is an investment group providing seed capital and management expertise to early-stage climate tech and clean energy companies. The group is comprised of seasoned operating executives with strong capabilities in the energy and environmental sectors. With each investment, we bring not only capital but also the value of our experience and network to help companies achieve their financial and impact goals. CEVG has invested in over 50 companies which have received over $600M in follow on funding.

Clean Energy Venture Group (CEVG)  joins lead VoLo Earth Ventures in $1M Series Seed financing for Disruptive Perovskite Company, BlueDot Photonics, Inc.

BlueDot Photonics, the leading innovator in new applications of perovskite materials, announced today that it has raised $1m in its Series Seed financing. BlueDot Photonics, a leader in perovskite materials development, announced today that it has raised $1m in its Series Seed financing. The round was led by VoLo Earth Ventures, an early-stage VC investing in the new energy economy through innovative products and technologies. BlueDot Photonics brought over $1.5M in non-dilutive grants and projects to the table to help the company towards its goal of creating gigaton reductions in greenhouse gas emissions through faster deployment of solar power. BlueDot’s quantum-cutting technology can lower the cost of solar power by up to 10% by improving energy yield in silicon solar panels by up to 16%.

Long-term, BlueDot is committed to pushing solar panel efficiency and costs beyond the limits of current silicon technology. Other investors include Clean Energy Venture Group (CEVG) of Boston, MA, who helped with investment syndication with other angel groups and impact funds, and E8 of Seattle, WA. As Kareem Dabbagh, Managing Partner of VoLo Earth Ventures points out, “The cost of solar has come down tremendously in the past two decades, making it cheaper than or competitive with most nonrenewable energy generation in the US. Our investment in BlueDot and their quantum-cutting technology is really exciting as it will accelerate this downward solar cost trend by making solar even more efficient with minimal changes to the existing supply chain and manufacturing process.” He adds, “As a leader in perovskites, BlueDot is at the forefront of research and development in this exciting new field and their products will help make solar energy ubiquitous throughout our communities.”

Jared Silvia, CEO of BlueDot Photonics, adds “Our collaboration with VoLo Earth and other investors in this round will accelerate our prototyping cycles and shorten our time to market. We share a vision to harness more power from light for the pale blue dot of Earth.” VoLo Earth is addressing our planet’s climate crisis at its roots by providing first-in funding and hands-on leadership to early-stage climate tech companies. Volo Earth strives to grow, propagate, and capitalize on climate solutions with an intent to deliver superior investment returns and quantifiable carbon benefit.

VoLo Earth Ventures leads Series Seed financing for Disruptive Perovskite Company, BlueDot Photonics, Inc. BlueDot Photonics, the leading innovator in new applications of perovskite materials, announced today that it has raised $1m in its Series Seed financing. BlueDot Photonics, a leader in perovskite materials development, announced today that it has raised $1m in its Series Seed financing. The round was led by VoLo Earth Ventures, an early-stage VC investing in the new energy economy through innovative products and technologies.

BlueDot Photonics brought over $1.5M in non-dilutive grants and projects to the table to help the company towards its goal of creating gigaton reductions in greenhouse gas emissions through faster deployment of solar power. BlueDot’s quantum-cutting technology can lower the cost of solar power by up to 10% by improving energy yield in silicon solar panels by up to 16%. Long-term, BlueDot is committed to pushing solar panel efficiency and costs beyond the limits of current silicon technology. Other investors include Clean Energy Venture Group (CEVG) of Boston, MA, who helped with investment syndication with other angel groups and impact funds, and E8 of Seattle, WA.

As Kareem Dabbagh, Managing Partner of VoLo Earth Ventures points out, “The cost of solar has come down tremendously in the past two decades, making it cheaper than or competitive with most nonrenewable energy generation in the US. Our investment in BlueDot and their quantum-cutting technology is really exciting as it will accelerate this downward solar cost trend by making solar even more efficient with minimal changes to the existing supply chain and manufacturing process.” He adds, “As a leader in perovskites, BlueDot is at the forefront of research and development in this exciting new field and their products will help make solar energy ubiquitous throughout our communities.” Jared Silvia, CEO of BlueDot Photonics, adds “Our collaboration with VoLo Earth and other investors in this round will accelerate our prototyping cycles and shorten our time to market. We share a vision to harness more power from light for the pale blue dot of Earth.” VoLo Earth is addressing our planet’s climate crisis at its roots by providing first-in funding and hands-on leadership to early-stage climate tech companies. Volo Earth strives to grow, propagate, and capitalize on climate solutions with an intent to deliver superior investment returns and quantifiable carbon benefit.

60Hertz Energy CMMS Raises $1.3M to Improve Remote Microgrid Operations

ANCHORAGE, Alaska and DENVER, Colorado — Tuesday, May 18th, 2021. 60Hertz Energy is pleased to announce the closing of its Pre-Series A round of $1.3M, bringing total capital raised to $2.7M to date. 60Hertz Energy is a SaaS Computerized Maintenance Management System (CMMS) platform improving electricity microgrids and backup generator operations. The round was led by Factor[e] and Climate Impact Capital, with major investments from SeaChange Fund, Clean Energy Venture Group angels, and the Alaska Investor Network.

“Maintenance is a critical element of ensuring grid resiliency, as we saw during the near-collapse of the Texas ERCOT grid early in 2021,” said Alex Rozenfeld, the Founder of Climate Impact Capital. “Microgrids will become an increasingly important part of the mainstream grid in the coming decades as we see more climate change driven mega weather events and 60Hertz will be part of the suite of solutions needed in that future.”

The 60Hertz software and services already are actively deployed supporting remote and critical microgrids in seven countries. 60Hertz enables customers to improve the asset performance and overall lifespan of their existing power generation facilities and speeds their transition of microgrids to resilient and renewable power generation sources.   60Hertz facilitates maintenance on over $140M of microgrid assets with over 4,600 maintenance records filed per month through the platform. This financing will accelerate the company’s growth in North American and Sub-Saharan African markets.

60Hertz Energy is a Women-Owned Small Business. At a time when only 2.8% of venture capital goes to female-founded start-ups, 60Hertz is a success story. New 60Hertz Director, Susan Preston of SeaChange Fund, notes that “I am delighted to start working with 60Hertz on the strategic pathway to further growth and success. I am particularly pleased to be working with an excellent CEO, Piper Foster Wilder.”

Piper Foster Wilder launched the company in 2017. With co-founders Whitney Gantt and Tonya James, the team has created and deployed maintenance software designed for low- and intermittent bandwidth in off-grid locations in Alaskan villages and Sub-Saharan African countries and for users new to technology, maintenance, and energy assets.

The need for efficient, resilient, and sustainable microgrid infrastructure is critical to boosting economic growth. Microgrids are rapidly expanding from rural markets that 60Hertz Energy currently serves to become key elements of grid management worldwide.

“The clean energy revolution is happening everywhere, not just in the cities and suburbs,” said John Harper, a Partner at Clean Energy Venture Group. “Rural and remote power generation assets have a critical role in transitioning to a cleaner and more resilient future. 60Hertz’s CMMS is an essential tool in this effort. We’re eager to help 60Hertz Energy grow dramatically over the next several years.

Volexion Secures $2 Million in Seed Funding to Scale Battery Cathode Technology

The investment by Clean Energy Ventures and Energy Foundry will enable Volexion to scale its cathode technology to meet market demand for high energy density solutions. 

CHICAGO, IL, April 8, 2021 – Volexion, the developer of a graphene coating for lithium-ion batteries that dramatically increases energy and power density, as well as cycle life and safety, today announced the closing of the $1.1 million first tranche of its $2.2 million seed financing led by leading climate tech venture capital firms Clean Energy Ventures and Energy Foundry.

Volexion’s proprietary graphene coating acts as a protective layer around battery cathode materials to suppress material and electrolyte degradation. Battery cells with Volexion’s coating can see a 30 percent increase in energy density, 40 percent increase in power density, and run twice as long as conventional lithium-ion batteries. Volexion-coated cathode material is “drop-in”, integrating directly into any manufacturer’s existing processes, and is complementary to advanced anode technologies.

“The lithium-ion battery market is growing rapidly, with many innovations and new ideas, yet relatively few innovations have focused on the cathode. Volexion’s innovation is special because it improves the performance of a very wide range of battery chemistries,” said David Miller, Managing Director and Co-founder of Clean Energy Ventures. “We believe Volexion’s innovation will accelerate the performance improvements of lithium-ion batteries

by as much as 10 years and enable the additional reduction of over 2.5 billion tons of CO2e by 2050 through the more rapid adoption of electric vehicles.”

uncoated Volexion particle
Uncoated particle

Volexion already has nine collaboration agreements in place with cathode and battery producers as well as automotive original equipment manufacturers. The technology can unlock performance improvements for consumer electronics and grid storage sectors as well as for electric vehicles.

“By innovating on the cathode, Volexion’s technology can work in conjunction with many of the new, emerging battery chemistries and anode innovations. Promising technologies like cobalt-free batteries could potentially enter the market even sooner when combined with Volexion’s technology,” said John Carlisle, Director of Chain Reaction Innovations at Argonne National Laboratory, where Volexion has been developing their technology with support from the Department of Energy and the National Science Foundation.

“Volexion is uniquely positioned for success,” said Sara Chamberlain, Managing Director of Energy Foundry. “Not only have they launched an incredibly promising technology platform, but their roots include talent from Northwestern University, validation from Argonne National Laboratory, and early customers across the Midwest.”  

“With this new funding we’re accelerating rapidly to scale our technology and improve battery performance for battery cell manufacturers for a variety of devices,” said Damien Despinoy, CEO of Volexion. “Both Energy Foundry and Clean Energy Ventures have deep operational experience and a successful track record in the energy space that will be a strong asset to us as we commercialize.”

About Volexion

Volexion is a battery technology company working to improve the performance of lithium-ion batteries globally. Volexion’s proprietary graphene coating for lithium-ion battery cathodes dramatically improves energy and power density while reducing costs. Volexion was founded by Prof. Mark Hersam, Director of the Northwestern University Materials Research Center and a MacArthur Fellow, who discovered that coating battery cathodes with graphene can improve battery performance. Volexion was formed in 2018 to explore the commercialization of this solution. Learn more at volexion-inc.com.

About Energy Foundry

Energy Foundry, a Chicago-based venture capital platform, invests in today’s most promising energy innovators, and works with the world’s leading energy companies to build and scale new ventures. Their approach merges venture capital with the perks of partnership and includes an arsenal of essential tools and relationships to help bring great ideas to market.  www.energyfoundry.com

Nth Cycle Secures $3.2 Million in Seed Funding to Scale Technology for Battery Recycling, Sustainable Mining

The investment by Clean Energy Ventures will allow Nth Cycle to scale its metal processing technology, an alternative to pyrometallurgy and hydrometallurgy processes.

BOSTON, April 8, 2021 – Nth Cycle, the maker of a recycling technology that extracts critical metals from batteries, e-waste, low-grade ore, and mine tailings so they can be reused to make new clean energy products, today announced that it secured $3.2 million in funding from investors led by climate tech venture capital firm Clean Energy Ventures.

The team at Nth Cycle

Nth Cycle uses an environmentally-friendly process called electro-extraction to recover cobalt and other minerals from discarded batteries and mining ores and waste using only electricity and carbon filters. Electro-extraction is a cleaner, lower-cost alternative to the conventional pyrometallurgy and hydrometallurgy processes used by battery recyclers and mining companies to recover cobalt, nickel and manganese for new battery manufacturing. This technology expands the circular supply chain of critical minerals for the clean energy transition.

“As demand for batteries increases dramatically in the coming decades, we need a sustainable process for recycling and reusing critical minerals to build a secure, low-cost domestic supply chain for electric vehicles and energy storage that avoids imports from unreliable and politically unstable regions,” said Daniel Goldman, Managing Director at Clean Energy Ventures. “Nth Cycle’s best-in-class technology reduces the volume of e-waste headed for landfills, improves the effectiveness of existing mines, and can ultimately have a material impact on climate change by mitigating over 2.5 billion tons of CO2e emissions over the next thirty years through cleaner processing and re-use of critical minerals.”

Nth Cycle, whose technology was developed at Harvard University and Yale University, recently opened new operations in the Boston area, and will use the funding to execute their technology roadmap and deploy several pilot projects with recyclers and mine operators early next year. The company has seen extensive interest in its technology from battery recyclers, operators of existing and proposed mines, auto OEMs and micro-mobility companies, and battery manufacturers eager to utilize this technology to reduce reliance on imported critical metals or environmentally unfriendly recovery technologies.

Megan O'Connor, CEO & Founder at Nth Cycle

“Separating critical minerals from other metals in the recycling and mining process can be costly and complex”, said Daniel Miller, Innovation Crossroads Program Lead at Oak Ridge National Laboratory. “A technology like Nth Cycle’s reduces the cost, footprint, and environmental impact of producing recycled metals that have exactly the same composition and performance as newly mined minerals.”

“A significant fraction of the critical minerals needed for the transition to electric vehicles are already in circulation today, we just haven’t had a clean, profitable way of retrieving them, until now,” said Megan O’Connor, CEO and Founder of Nth Cycle. “Through electro-extraction, we’re turning waste into valuable resources and we look forward to bringing this technology to battery recyclers and miners so we can all move together on a path toward a more sustainable planet.”

About Nth Cycle

Nth Cycle is a metal processing technology company. We work with battery recyclers and miners to recover production-grade critical minerals from separated e-waste and low-grade mine tailings. Our electro-extraction technology—an alternative to hydrometallurgy and pyrometallurgy—enables customizable, clean and consistent recovery of the critical minerals for the energy transition. Learn more at nthcycle.com.

LineVision Secures $12.5 Million in Series B Financing to Scale Grid Enhancing Technology

LineVision, Inc., a leading provider of non-contact overhead power line sensor solutions to monitor, optimize, and protect critical energy delivery infrastructure today announced the closing of its Series B financing round, raising $12.5 million to accelerate the company’s growth. The round is led by UP Partners, a Los Angeles-based electrification and mobility fund. Other new investors include National Grid Partners, the venture investment and innovation arm of one of the world’s largest investor-owned energy companies; and ZOMA Capital, a Colorado-based family office specializing in grid modernization technologies. These new investors join existing LineVision backers including Clean Energy Ventures, which is again investing in LineVision through this Series B financing round.

“We are thrilled to welcome this elite group of investors and partners on LineVision’s next phase of growth,” said Hudson Gilmer, LineVision’s Chief Executive Officer. “With this investment, we will continue to build the team and platform which are helping our utility clients around the world increase the capacity, flexibility, and resilience of their grids.”

“LineVision is harnessing advanced sensors and analytics to solve one of the most critical obstacles to the energy transition,” said Adam Grosser, Chairperson of UP Partners. “There is simply no way we will achieve the urgent goals of electrification and decarbonization without widespread deployment of technologies like LineVision to unlock more capacity and flexibility from the existing grid.”

“National Grid has long been dedicated to deploying technologies that enable us to optimize the performance and reliability of our network,” said Rudy Wynter, President of National Grid, New York. “Technologies like LineVision’s V3 systems help us better understand the condition of our assets while enabling us to meet the goals of our Net Zero by 2050 plan. We see investment in grid-enhancing technologies like LineVision as strategically important to our efforts to modernize the grid and integrate more renewables.”

National Grid is currently utilizing LineVision’s V3 platform to assess conductor asset health, obtain greater situational awareness, and increase transmission line capacity with Dynamic Line Ratings. The utility first deployed LineVision’s solutions in 2018 on transmission lines in Massachusetts, and in 2020 installed LineVision’s asset health monitors on lines in New York.

LineVision’s unique V3 sensors collect real-time data on critical parameters of overhead power lines including line temperature, sag, horizontal motion, and anomalies. Studies have shown congestion on transmission lines costs US consumers more than $8 billion annually. A recent study by The Brattle Group showed that Dynamic Line Ratings enabled by LineVision will help double integration of renewables on the existing grid.

In just over two years since its founding, LineVision has secured deals with National Grid, Dominion Energy, Xcel Energy, Tennessee Valley Authority, and several other North American utilities yet to be announced. The company also works with multiple European utilities through the Farcross Project, which aims to improve cross-border interconnections by utilizing Dynamic Line Ratings.

ConnectDER Closes $7 Million Series B Financing To Scale A Proprietary Metering Solution Enabling The Electricity Grid Of The Future

ARLINGTON, VA, January 22, 2020 – ConnectDER Inc., which enables utilities to seamlessly integrate residential distributed energy resources (DERs) with the electric grid, today announced that it has closed a $7.25 million Series B financing. The lead investors were Clean Energy VenturesSkyview Ventures, and Avista Development Inc., a wholly-owned, unregulated subsidiary of Avista Corp.

“The growth of residential-scale DERs such as solar and storage presents an enormous challenge for utilities tasked with integrating them into the grid cost-effectively and with an outstanding customer experience,” said Whitman Fulton, CEO of ConnectDER. “At ConnectDER, we’re delivering technologies that can connect and transform these traditionally unmanaged resources—solar, storage, and EV charging—into grid-supporting assets at a fraction of the cost of current practices. This funding underscores the market recognition that ConnectDER offers what utilities need to maximize the value of residential-scale technologies for the 21st century.”

The company’s Smart ConnectDER™ electricity meter collar enables rapid interconnection of grid-ready DERs. ConnectDER’s technology also creates a safe, standardized, low-cost alternative to traditional wiring methods in residential settings, lowering the cost to installers while also unlocking alternative tariff models and grid management capabilities for utilities. Utilities including Consolidated Edison, Arizona Public Service, Entergy, and Pennsylvania Power and Light deploy ConnectDER meter collars to support their customers’ demand for cost-effective DER interconnection and their own operational needs for superior data from these assets.

“With record-setting U.S. residential solar installations in 2019, the need for tools to help utilities manage clean DERs is urgent,” said Daniel Goldman, Co-founder & Managing Director at Clean Energy Ventures, a Boston-based, advanced energy-focused venture capital firm. “ConnectDER’s technology is critical to seamlessly and cost-effectively integrate residential renewables with the electric grid at the scale required to help mitigate climate change. We see tremendous potential for ConnectDER’s proprietary technology to drive us toward the electric grid of the future, which is distributed, digital, and decarbonized. We are looking forward to helping the organization scale and provide value to utilities and DER installers.”

In addition to Clean Energy Ventures, this investment round was co-led by Skyview Ventures, the Series A lead investor, and Avista Development Inc., the unregulated subsidiary of the investor-owned utility, Avista Corp. Avista is known for its entrepreneurial success in creating new companies, examples include Itron and Ecova.

“The ConnectDER™ meter collar is an extension of the smart meter—it is connected to the utility, it has access to power and a breaker—so we asked, ‘What else can we do with this expanded IoT footprint at the customer meter?’,” said Mark Gustafson, Director of Innovation and Strategy at Avista Corp. “Actually we are already working on a few ideas that we believe can give utilities access to new products and services to better serve our customers.”

“Solar installers and electric utilities have already validated that ConnectDER’s solution benefits all stakeholders and should be a key ingredient of every safe and secure residential grid-connected asset,” offered Matt Coleman, Partner at Skyview Ventures. “The ConnectDER meter collar is uniquely capable of increasing the value of smart meter networks for DER adoption.”

ConnectDER will use the new capital to scale its operations and supply chain, and to enhance its core solutions for energy storage and other fast-growing residential applications across North America. ConnectDER expects to launch several new products this year, beginning at DISTRIBUTECH 2020 with the launch of its Smart ConnectDER Version 4.

Both Goldman and Gustafson will join Coleman and Fulton as ConnectDER’s board of directors.

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About ConnectDER

ConnectDER’s mission is to make clean, distributed resources the default source of energy for the 21st century. Our products are used by some of the largest electric power utilities and solar companies throughout the U.S. to simplify and accelerate the integration of distributed resources with the grid. Our flagship product, the Smart ConnectDER™ turns the utility meter socket into a grid-friendly plug-and-play solution for adding electric vehicles, energy storage, and solar to the home. For more information, visit www.ConnectDER.com.

Rebound Technologies Closes $5 Million Series A Financing for Flexible, Energy-Efficient Cooling Technology

DENVER, Jan. 16, 2020 — Rebound Technologies, which has developed a revolutionary, energy-efficient and more cost-effective alternative to traditional vapor compression cooling systems, today announced the closing of a $5 million Series A financing. The lead investors were Clean Energy Ventures and Skyview Ventures, with participation from Autodesk Foundation, the philanthropic investing arm of multinational software corporation Autodesk.

“Rebound’s breakthrough technology creates a powerful opportunity to improve the freezing efficiency of cooling systems by 35 percent and potentially prevent 681 MMT of greenhouse gas emissions annually from the cooling sector by 2050,” said Temple Fennell, Managing Director and Co-founder at Clean Energy Ventures. “The dominant technologies used across cooling applications today are inefficient and ready for major innovation. We see a very promising future for Rebound, whose unique scientific and technological achievement is well-positioned to fundamentally transform an industry projected to increase three-fold to $600 billion by 2027.”

“Food manufacturers and cold storage logistics companies use the same technology that was invented 100 years ago. This comes with high capital and operating costs – as well as carbon emissions. Rebound’s solution can help companies lower up-front costs, reduce maintenance and ultimately, use less electricity. That’s good for customers and the planet,” said Joe Speicher, Executive Director at Autodesk Foundation.

Traditional vapor compression cooling systems have a static cooling capacity and are thus only able to generate a fixed amount of cooling over a given time period (this is why refrigerators and air conditioners must continuously cycle on and off to manage a target temperature). Rebound’s IcePoint® technology is the first solution with a dynamic cooling capacity that gives cooling systems the agility to customize output based on immediate need. As a result, Rebound’s system provides unprecedented cooling flexibility, uses significantly less energy than traditional methods, and better-utilizes installed capacity to meet annual cooling needs.

“There are only a handful of practical and economic thermodynamic cycles in existence for cooling,” said Kevin Davis, Co-founder and CEO of Rebound.  “We’ve developed an entirely new thermodynamic cycle for cooling based on affordable chemistry and combined it with technology advances in high-speed turbo machinery, heat exchangers, and other thermal fluid components. As a result, we now have something that can and should replace inflexible vapor compression systems globally.”

Rebound will use the new capital to install its first industrial-scale systems with food manufacturers and cold storage logistics companies in North America. Initially installed in combination with existing cooling systems, Rebound’s dynamic cooling capacity will improve moisture control and rapid-freezing capabilities while also lowering energy costs.

“The global frozen food market is growing rapidly at 4.3 percent CAGR through 2025 based on increased demand in emerging countries as well as a desire for convenience among millennials. Significant infrastructure improvements for food processors and cold storage companies is a result of these trends. We see a massive opportunity to design new facilities around Rebound’s IcePoint® technology and retrofit existing facilities to realize increased product throughput while providing material operational savings,” said Matt Coleman, at Skyview Ventures.

Rebound Technologies has previously received funding from the National Science Foundation, The U.S. Department of Energy, and a group of seed investors including PRIME Coalition, Closed Loop Ventures, and Investors’ Circle.

About Rebound Technologies
Rebound Technologies is an advanced refrigeration development firm revolutionizing the global cooling industry. Rebound’s IcePoint® cooling system utilizes a new thermodynamic cycle to create dynamic cooling capacity that improves the effectiveness of cooling systems while also reducing energy consumption and overall costs. Headquartered in Denver, Rebound was founded in 2012. For more information, visit www.rebound-tech.com.

Currents Podcast Ep50: Covariance Risk with REsurety

Lee Taylor, CEO of CEVG portfolio company REsurety, discusses covariance risk with Norton Rose Fulbright Partners Todd Alexander and Rob Eberhardt in this Currents Podcast episode. Lee answers everything from what it is and why you should care about it to who wears the risk in a project and what commercial and industrial buyers can do when facing it.

Listen to the podcast here!

CEVG Portfolio Company, LineVision, Inc., Closes $2 Million Series A to Accelerate Adoption of Transmission Line Monitoring Solution

LineVision, Inc., which enables utilities to improve transmission line capacity, resilience and safety through advanced technology, today announced that it has closed a $2 million Series A round. The lead investor was Clean Energy Ventures. LineVision will use the new capital to scale its operations and supply chain to support the needs of utilities worldwide. Read More

CEVG Portfolio Company, REsurety, Inc., Surpasses 5 Gigawatts of Renewable Energy Risk Mitigation Contracts

“REsurety, a leading provider of valuation analytics and risk management services to the buyers and sellers of renewable energy, announced today that it has reached a critical corporate and industry milestone, having surpassed more than 5,000 MW of risk management transactions. Transactions closed in 2018 with Microsoft, Enel Green Power North America, Engie, Orsted, Macquarie, and several other large international companies have fueled nearly half that cumulative volume in 2018 alone, signaling broad and accelerating adoption of REsurety’s risk mitigating products and services.” Read More