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In December 2015, 195 nations and the European Union formally pledged to meet nationally determined emissions-reduction targets in the Paris Agreement.

Our Favorite Summer Reads for Every Start-Up

August 8, 2016 | Blog | By Thomas Burton, Sahir Surmeli

Since our members at Mintz Levin constantly work with start-ups, entrepreneurs, and investors, we thought it would be especially beneficial to list the top six summer reads for every start-up as recommended by Tom Burton, Jeremy Glaser, Dan DeWolf, and Sam Effron. 
Last Sunday, the Massachusetts Legislature passed a compromise energy bill to significantly increase electricity produced by renewable energy sources.
In late July, the Obama administration announced a collaboration with 50 federal and state agencies, electric utility companies, vehicle manufacturers, electric charging station companies, and others in the private sector to promote faster development of electric vehicle charging infrastructure and increased numbers of electric cars on the roads.
On July 15, the Los Angeles Times Summit on renewable energy brought together government officials, academics, regulators, fossil fuel executives, and renewable energy advocates to discuss the challenges California faces in meeting the state’s goal of supplying 50% of its electricity through clean energy by 2030.
Research published earlier this month in the journal Nature and highlighted in Newsweek explains how substantial amounts of power can be generated when fresh water river mouths flow into bodies of sea water.

North American Leaders Announce Energy Plan

July 26, 2016 | Blog | By Sahir Surmeli

On June 29, 2016, the North American Climate, Energy, and Environment Partnership was announced by Prime Minister Justin Trudeau, President Barack Obama, and President Enrique Peña Nieto at the North American Leaders Summit in Ottawa, Canada.
Last week, President Obama announced that the Smart Manufacturing Leadership Coalition (SMLC) will lead the new Smart Manufacturing Innovation Institute, in partnership with the Department of Energy.
Last week, the U.S. Department of Energy (DOE) announced nearly $16 million in funding to help businesses commercialize promising energy technologies from DOE’s National Laboratories to the marketplace.
Earlier this week the Department of Energy (DOE) announced $23 million in funding for 23 new projects focused on developing clean energy technologies with a strong potential for commercialization and job creation.
In a recent study published in the journal Nature Climate Change, researchers at Massachusetts Institute of Technology (MIT) found that it currently makes economic sense to combine large-scale energy storage systems with renewable energy projects, such as wind and solar farms, in some locations.
A team of researchers at the Massachusetts Institute of Technology (MIT) published a paper last week in the journal Nature Energy that described how they built a working solar thermophotovoltaic device (STPV) that enables solar cells to break through a theoretically predicted ceiling on how much sunlight they can convert into electricity.

U.S. Solar Jobs Exceed Oil and Gas for First Time in 2015

June 1, 2016 | Blog | By Thomas Burton

According to a report released last week by the International Renewable Energy Agency (IRENA), the number of U.S. solar jobs surpassed those in oil and natural gas extraction for the first time last year.  Overall, renewable energy jobs grew 6 percent while employment in oil and gas declined 18 percent.
Last week, Clean Edge published a report titled the “U.S. Clean Tech Leadership Index” (“Index”) that ranked Massachusetts as the second state and Boston as the seventh metro area in the U.S. according to its scoring methodology.

ASCE’s Report Update Highlights Major Infrastructure Investment Funding Gaps

May 18, 2016 | Blog | By Thomas Burton, Sahir Surmeli

Every four years, the American Society of Civil Engineers (ASCE) publishes The Report Card for America’s Infrastructure, which grades the current state of national infrastructure categories on a scale of A through F.
On May 5, 2016, the IRS released new guidance regarding the renewable energy production tax credit (“PTC”) and energy investment tax credit (“ITC”) which most in the renewable energy industry will find favorable.
More than 60 companies have joined forces with several environmental groups to launch a new coalition, called the Renewable Energy Buyers Alliance (REBA), to promote the development of 60 GW of renewable energy in the United States by 2025.

U.S. Solar Installations Reach 1 Million

May 9, 2016 | Blog | By Thomas Burton

Last week the Solar Energy Industries Association (SEIA) and George Washington University (GWU) issued a report estimating that the United States has reached 1 million solar installations and will surpass 2 million installations by 2018.

Senate Passes First Comprehensive, Bipartisan Energy Bill Since 2007

April 28, 2016 | Blog | By Thomas Burton, Sahir Surmeli

By a vote of 85-12, the Senate passed a sweeping bipartisan energy bill, S.2012 – the Energy Policy Modernization Act of 2016, last Wednesday. The bill’s passage marks the first time in almost a decade since the Senate has passed a comprehensive energy bill.

Catalytic Finance Initiative Raises $8 Billion for High-Impact Sustainable Projects

April 21, 2016 | Blog | By Thomas Burton, Sahir Surmeli

On April 6, a consortium of leading financial institutions and investors pledged $8 billion to join Bank of America Corporation’s Catalytic Finance Initiative (CFI), which plans to raise at least $10 billion for investments in clean energy, high impact, and sustainable development projects.
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