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10 Years of Energy Technology: How the Industry Has Changed

Mintz Levin recently hosted an Energy Tech 10 Year Anniversary Celebration at District Hall in Boston. To mark over a decade of helping energy innovators succeed, our Energy Technology Practice Group would like to thank our more than 250 clients nationwide for aiding in our success.

 

A lot has changed over the past decade for the energy technology industry.

Looking forward to the next ten years, we see a bright future for this industry.

  • Hawaii Governor David Ige recently signed an energy bill mandating that the state’s electricity come entirely from renewables by 2045.
  • California lawmakers are seeking to mandate 50%  renewable portfolio standard by 2030. NY has said it is currently 11% and could be 40% by 2030.
  • In 2014, renewable sources of energy accounted for about 10% of total U.S. energy consumption and 13% of electricity generation.  If on NY and CA trajectory, there is a lot more to come.

We are grateful to our ML Strategies colleagues, our clients, and our friends from the industry for celebrating this momentous occasion with us. To view our full album of photos from the night, click here.

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Authors

Thomas R. Burton, III

Member / Chair, Energy & Sustainability Practice

Tom Burton has helped to shape the clean energy industry by drawing on his passion for innovation. As a Mintz attorney, Tom counsels investors, entrepreneurs, and Fortune 100 companies. He also guides start-up organizations and accelerators to foster the next generation of energy leaders.

Sahir Surmeli

Member / Co-chair, Energy & Sustainability Practice

Sahir Surmeli is a Mintz business counselor who advises companies, boards, entrepreneurs, investment banks, and venture and private equity investors as they grow. He handles public offerings, 144A and private financings, acquisitions, joint ventures, and strategic partnerships.