CIC Insights

Articles classified as: CIC Stories

Community Power Accelerator Hubs Deliver Energy Justice to the People of Port Arthur

Community Power Accelerator Hubs Deliver Energy Justice 

CIC Energy is a catalyst for community solar expansion—an agent of impactful change in marginalized communities. Community solar relieves the financial burden placed on low- and medium-income households, provides local grid resilience, and stimulates economic activity in economically and racially underserved communities.

CIC Energy, in collaboration with its partner organizations and sponsored by the Department of Energy (DOE), is leading the charge to advance adoption of solar PV and storage , training a critical infrastructure workforce to meet the supply gaps in human resources (trades skills), and meeting the explosive demand for new energy…

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Climate Impact Capital Portfolio Company Wins Phase 1 of Department of Energy Prize totally $10M to accelerate community microgrids

Climate Impact Capital Portfolio Company Wins Phase 1 of Department of Energy Prize totally $10M to accelerate community microgrids

Climate Impact Capital spun out Climate Impact Capital Energy Holdings, LLC (CIC Energy) in 2021 to address significant gaps in U.S. energy workforce and critical infrastructure development. CIC Energy serves two segments by addressing the I. demand for energy (e.g. cost-effective electricity, equitable energy, demand response programs, backup power) and lack of supply of human resources with technical and trade skills.

CIC Energy will deploy Phase 1 winnings and fuel Team Impact with funding and technical support provided by the

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Virtual Power Plants Catalyze Grid Stability in Texas

Bringing Energy Equality to Renters in Texas with Virtual Power Plants

Historically, choosing solar energy as a way to cut down on electric bills and add value to homes has only been a viable option for people with good credit and the ability to purchase a home. With a new program, however, the opportunity to power one’s place of residence with solar is being extended to renters and people with lower credit scores through virtual power plants, community solar and innovative storage.

Project TexFlex
The apartments at 2410 Waugh Street in Houston’s…

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EVs will be the Resilience and Disaster Recovery Solution of Choice for Intelligent Grids

Climate Impact Capital sees EV infrastructure as the solution of choice for intelligent grids and is pleased to announce an investment into OpConnect, alongside Reinventure Capital and Black Founders Matter.

OpConnect is a Minority Owned Small Business taking on big names like ChargePoint, ABB, and Shell (which purchased Greenlots). The team has developed a lean model that has enabled EV service providers to quickly integrate their EV charging networks with advanced payment processing and customer care tools.

Mobility and energy are undergoing a massive…

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60Hertz Energy Closes $1.3M Round to Improve Remote Microgrid Operations

60Hertz Energy is pleased to announce the closing of its Pre-Series A round of $1.3M to improve remote microgrid services, 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 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…

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