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Non-traditional energy companies
lead a record year for corporate
investment in energy start-ups
More money than ever is Simon Bennett, Technology Analyst, se their first low-carbon products and hone
Sustainable Technology and Outlooks
their business models. Among the com-
going to energy venture Directorate, International Energy Agency panies that have had a boost from ventu-
re funding, some are reshaping the energy
capital deals, but spread mong the many takeaways landscape. Tesla has been at the vanguard
from the “UN Climate Action
of creating today’s USD 80 billion market for
across fewer start-ups. Summit” in September was electric cars. BBOX and its peers have tur-
the need for capital to be
ned off-grid renewables into a highly com-
This needs to change if Asolutions around the world petitive sector. Risk-taking capital like VC
reallocated to clean energy
is an essential complement to government
venture capital is to have a – The Economist talks of the Climate Ca- and corporate research dollars.
pitalists who see the golden lining in the
significant impact on energy climate cloud.
These investors can play a crucial role in Record corporate investment
transitions bridging the gap between lab and market, in energy technology start-ups
for example via venture capital (VC) funding
that enables entrepreneurs to commerciali- But how much of this investment is actual-
28 Impiantistica Italiana - Novembre-Dicembre 2019
