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]]>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 within communities in need of energy justice.
Community Power Accelerator Hubs: A Framework for “Resilience Hub and Critical Infrastructure Training Center” Build on Experience and Collective Enhancement Across the Nation, the Globe.
CIC Energy was an inaugural member as both a registered developer and financial sponsor of the National Community Solar Partnership (NCSP), an initiative led by the U.S. Department of Energy’s Solar Energy Technologies Office. At the end of 2021, through 2022 and currently Team Impact’s energy and environmentally focused coalition continues to expand. On May 5th, CIC Energy was announced the American Made Prize Phase I award, and notably the lone winner in Texas.
Community Leader and Environmental Advocate Hilton Kelley notes, ” The time for Port Arthur, TX and rural disadvantage communities the like are open to receive all available benefits to the community through our Power Accelerators, with the Alpha site soon to be a showcase to give hands on demonstrations within the heart of the community.” Through DOE, SEIN, SETO and HARC, our energy coalition has cerainly gained momentum as noted the 13th of June with a visit from the Secretary of Energy, https://twitter.com/SecGranholm
A Texas Size Challenge for Community Solar
Texas is not exactly fertile ground for planning a community solar opportunity. Granted, Texas is a renewable energy leader in wind and has been since T Boone Pickens and Skelly days. Aside from wind, the Lone Star State ranked #2 national in 2022[i] powered, powers almost 2M homes, however, the state only generates less than 5% from solar PV in the TX grid. This is a TEXAS SIZE OPPORTUNITY! The state further boasts 617 companies with 99 manufacturers, 243 installers/developers, and almost 300 outliers performing various energy efficient and related services.
As of 2022, Texas claimed $20B in solar investments, meanwhile the price has fallen 53% over the past decade. Hold on folks, modest projections place Texas as #1 in solar power generation and forecast an increase to 34GW over next five years. Solar PV is a Texas Size Opportunity indeed, but will the Texas legislature address the opportunity or continue to subsidize dinosaurs?
Today is the day to realize the national goal of 30% solar PV generation in the United States by 2030. While this will never happen, let’s enable communities that need it most to capitalize and save given they bear the biggest burden, and in Port Arthur, their health continues to suffer.
Team Impact Continues to Exceed Milestones Towards Equitable Energy
Today, the U.S. Department of Energy (DOE) announced that all 10 teams participating in the inaugural American-Made Community Clean Energy Coalition (CCEC) Prize successfully completing Phase Two and will each be awarded $150,000 in cash prizes. Team Impact pioneer member Garry’s team ReBuildATL Coalition headquartered in Atlanta, GA, but with community solar projects in Virginia and other Eastern States we applaud the Team’s continued success across the nation – especially as we collaborate and coordinate to bring the best practices to Texas
In service of this initiative, the DOE is sponsoring the upcoming Energy Justice to the People Roadshow that will make a stop in Port Arthur on June 13, 2023. Register TODAY and be a part of the solution, be a Change Agent! https://www.eventbrite.com/e/energy-justice-to-the-people-roadshow-port-arthur-tx-tickets-634947213207
This day-long event will kick-off with a speech by the United States Secretary of Energy. The first half of the day will focus on a series of DOE-led presentations on topics including Energy Justice, BIL & IRA funding, clean energy workforce development, community voice in infrastructure projects, and available home and neighborhood investments.
The second half of the day will bring together experts and leaders from across the Federal Government and local community—including the White House, elected officials, community leaders, and the DOE.
Team Impact is a Coalition of Energy Advocates Aligned by a Shared Mission, Dedicated to Advancing the US Energy Transition
CIC Energy, along with the Houston Advanced Resource Center (HARC), Community In-Power and Development Association, Inc. (CIDA), Mills Agriculture & Renewable Energy, LLC (MARE), and the Center for Sustainable Communities (CSC), make up Team Impact. Our Impact aims to modernize community grids and increase solar workforce capacity within historically underserved communities by developing a community solar portfolio in Port Arthur, TX.
Port Arthur, TX
Port Arthur, is a an ideal showcase, with 25% of Port Arthur’s residents below the poverty line. The community is primarily African American, followed by Hispanic communities with unemployment rate historically 2x below the state average. As a refinery mecca, Port Arthur is plagued by environmental pollution that has largely been ignored by authorities and corporations that caused it Team Impact focuses on Port Arthur’s communities in the most need and the most affected by socioeconomic, as well as racial disparities and environmental contamination. The time is now to counter this history of environmental, climate, and racial injustice and deliver residents new economic opportunities. Join us on June 13, 2023 and let our collective voices resonate loudly! Onward and Upward!!!
From ISD CTE Training to Community Led Solar Camps in West Port Arthur, TX – Education of Direct Benefits is Key
From Texas two-step to homegrown Innovation in Austin, TX, we are prepared to stabilize the TX Grid. At the lead of this energy transition are companies like Yotta Energy. Their product suite is sweet and rich with service-centric solutions and a range of distributed energy technologies to convert buildings into their own solar power plants.
Yotta Energy specializes in the commercial, industrial, and multifamily spaces; bringing the most affordable, advanced, and safest solar + storage + EV charging solutions to the market
[i] SEIA – https://www.seia.org/states-map
IREC Solar Career Map https://www.irecsolarcareermap.org
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]]>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 Department of Energy’s (DOE) Community Power Accelerator (CPA) Prize. With almost 200 teams, judges at SETO and NREL were challenged to pick the Top 25 amongst a critical mass of competitors. The $10 million prize competition is a three-phase process to increase the number of equitable community solar projects by providing funding and resources for developers and co-developers throughout the project lifecycle. By the end of the prize, competitors will be ready to engage with the Community Power Accelerator online platform, which provides a place for competitors to showcase their credit-ready projects to verified project developers, investors, and philanthropic organizations.
CIC Energy is excited to cultivate community solar designed to support equitable energy jobs and accelerate critical infrastructure workforce development. Through CPA’s online portal and CIC Energy’s Learning and Earning in Energy Platform (LEEP), prosumers are enabled with democratized, decentralized and digital disruptors to monetize savings, enhance human behavior and offer credit-ready solar to stabilize power grids and add resilience to communities—with a priority placed on projects that benefit underserved communities—and connect them with mission-aligned investors and philanthropic organizations to get funding in Port Arthur, Central and East TX in 2023.
Community Solar Benefits
In Phase 2, CIC Energy will further develop community grids, equitable and distributed energy models, and deploy a series of up to 1MW DC projects within communities, offering a range of meaningful impacts in Port Arthur, Northwest Houston, Central and East Texas. Community solar offers direct benefits to the community by reducing energy costs, expanding renewable energy consumption, and providing solar industry workforce development opportunities. Project Renew has prioritized disadvantaged communities since launching its first Solar Apprenticeship Program at Del Valle Opportunity Center in Fall 2021. Team Impact will catalyze change in households, creating home energy systems for community solar subscribers, bolstering community grid resilience, facilitating community ownership of project assets, and supporting equitable workforce development by providing high-wage opportunities that reduce income disparities across demographic groups.
Team Impact
CIC Energy, along with the Houston Advanced Resource Center (HARC), Community In-Power and Development Association, Inc. (CIDA), Mills Agriculture & Renewable Energy, LLC (MARE), and the Center for Sustainable Communities (CSC), make up Team Impact. Our Impact aims to modernize community grids and increase solar workforce capacity within historically underserved communities by developing a community solar portfolio in Port Arthur, Texas.
Community Solar Builds Alliances, Creates Greener and More Resilient Grids in Port Arthur
Team Impact’s community solar projects in Port Arthur will target schools, churches, and small businesses within disadvantaged residential communities, delivering power grid resilience during energy emergencies and showcasing the cost benefits of distributed energy systems. The end goal is the expansion of community solar benefits to household subscribers. Local community members will have ownership of these projects, democratizing energy production in the city.
Increasing Energy Security and Mission Critical Communications
Community solar electricity rates will be lower than rates available via existing power distribution grids, which reduces the financial burden of electricity usage and increases energy security by improving grid resilience. Residents previously forced to ration energy usage due to economic hardship (e.g. by not using their air conditioners or setting thermostats to dangerously high temperatures) will be able to reduce energy rationing with more affordable electricity rates provided by community solar projects. Such benefits will improve the quality of life for residents of disadvantaged communities in Port Arthur.
Gearing up for Phase 2
Winning Phase 1 of the Community Power Accelerator Prize is an exciting opportunity for CIC Energy to bring alternative energy to Texas residents facing high energy burdens and frequent power outages. In decreasing energy costs and enhancing grid resilience in the community, CIC Energy will deliver energy equity and create more lucrative employment opportunities for this underserved community. As we begin Phase 2 of the prize, we look forward to realizing our plan and are committed to providing clean energy access to the disadvantaged neighborhoods of Port Arthur, Texas.
Accelerating Equitable Energy Through Federal Funding and Team Impact
The American-Made Solar Prize is directed and administered by the National Renewable Energy Laboratory and is funded by the U.S. Department of Energy Solar Energy Technologies Office. CIC Energy applauds the efforts of our government to prioritize energy equality.
CIC Energy: An Impact Driven Change Agent to fuel Renewable Microgrid Deployment, Disruptive Grid Service Models and Activate a Critical Infrastructure Workforce
Climate Impact Capital Energy Holdings, LLC (CIC Energy) develops and manages alternative energy and power generation for commercial, municipal, and government solar power and energy storage facilities.
As an integrated service provider, we identify the most effective set of asset solutions for our clients considering cost and resiliency goals. In addition to deploying solar and storage, our services and solutions include electric vehicle charging, building energy management services, and grid services.
CIC Energy also manages the development and implementation of an integrated training, certification, and continued education platform to provide Registered Apprentices for our government/corporate partners and enable our planned integrated solar, storage, EV, and microgrid projects. Stay tuned for details regarding our Learning and Earning in Energy Platform (LEEP).
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]]>The post Virtual Power Plants Catalyze Grid Stability in Texas appeared first on Climate Impact Capital.
]]>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 Montrose neighborhood will become the first installation of “Project TexFlex,” a program created by flexible energy provider PearlX Infrastructure and global leader in smart energy technology, SolarEdge Technologies. Together, these two companies have collaborated to create a novel residential clean energy solution for renters in Texas. NATiVE Solar is also a part of this innovative project, and has been granted an Engineering, Procurement and Construction (EPC) contract. These companies are working together to install community solar and battery storage in apartment complexes to create “Virtual Power Plants” (VPPs), also known as resilience hubs, which are meant to help stabilize the Texas grid. By installing these systems on the roofs of apartment buildings, Project TexFlex is empowering renters who would otherwise be shut out of the residential solar market.
How it Works
Project TexFlex aims to increase energy resilience in Texas by reducing strain on the grid. “A lack of localized renewable energy sources makes ERCOT vulnerable to failure and power outages such as the ones that occurred in the winter storm in February 2021. The battery storage in VPPs facilitate the delivery of energy back into the grid during a blackout which helps to both support and stabilize the grid. By increasing the number of VPPs within a community, power becomes more reliable for everyone. VPPs have the ability to significantly reduce grid strain during energy shortages, and as more VPPs are installed, the likelihood of mass power outages will continue to decrease” says Alex Rozenfeld, Founder and Managing Director of Climate Impact Capital.
Bringing Clean Energy Solutions to Renters
The ability to bridge the gap between renters and clean energy solutions is extremely important due to the growing trend in families with children who are renting their homes instead of buying them. According to an article posted by CultureMap Houston, this demographic is on the rise in the thirty largest US metros, with Houston being no exception. Many of these tenants are also low to medium-income families, and should benefit from the more affordable, flexible, and resilient energy that solar provides. PearlX’s mission is to use Project TexFlex to help reduce energy poverty and expand clean energy access.
Working Towards Energy Equality
In striving for energy equality, PearlX will not require tenants to present an industry-defined adequate credit score, but rather simply show proof that they have paid their most recent electricity bills on time. This allows tenants who live within TexFlex properties to access the benefits of solar even with inadequate credit scores. As stated by Michael Huerta, CEO of PearlX, “Mainstream solar and especially storage has traditionally been an amenity for the wealthy. If you don’t have good credit, you don’t have access…Payment for electricity we believe is the highest form of credit. When you look at the data, electric bills are paid before rent, cell phone bills, even car payments.” With PearlX underwriting the TexFlex project, tenants of all credit scores, provided that they have paid their last electric bill, will be able to access the benefits that solar energy provides to both them and their communities.
Texas and Beyond
While the Montrose apartment community is a smaller scale project with only fourteen individual apartments, PearlX has already signed an agreement with the complex’s developers to continue to scale up the project and offer it at other multi-family real estate properties across Texas. After developing further in Texas, similar projects will continue in California and several other US states later this year.
With the launch of this new clean energy solution, PearlX, SolarEdge, and NATiVE Solar are creating a widely replicable, decentralized model that will facilitate Texas’ energy transition, while offering safeguards against grid failures. At the same time, energy consumers across the state will benefit from more cost-effective and reliable power. This win-win solution is the first of its kind, and shows us how private entities can step in to provide energy solutions when public utilities are insufficient. By continuing to support projects such as TexFlex, we can make Texas more resilient and bring affordable clean energy solutions to those who would otherwise be locked out of participating in the solar market.
Learn more about NATiVE Solar and CIC Energy Holdings
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]]>The post EVs will be the Resilience and Disaster Recovery Solution of Choice for Intelligent Grids appeared first on Climate Impact Capital.
]]>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 transformation as transportation moves toward an electric future. The investment will enable expansion of OpConnect’s team and enhancement of its “real-time,” hardware agnostic EV management and billing platform to public and private fleet operators.
The company plans to expand its private-labeling offerings focusing on multi-family properties and communities. Headed by CEO Dexter Turner, OpConnect is leading innovation in the electric transportation, with seven EV charging and access control patents. “The Biden administration envisions an aggressive acceleration of the country’s move to vehicle electrification,” said Dexter Turner, which creates enormous opportunities for small business growth, EV owners and reduction of local and greenhouse gas pollution. Jessica Nigro, OpConnect BoD and General Manager at Daimler North America, agreed, “Industry cannot underestimate the influence of immediate federal and state policy in fostering the EV ecosystem.”
“Smart EV charging networks are a critical element of ensuring grid resiliency as we progress to a micro-grid centric utility model where consumers and building owners play a strong market role,” said Alex Rozenfeld, the Founder of Climate Impact Capital, “and as we saw during the near-collapse of the Texas ERCOT grid early in 2021, microgrids with EVs as a core will increasingly provide resilience and backup power in the coming decades as we see more climate change driven mega weather events.” With options like the Ford Lightning, Rivian R1S, and the VW ID.4, consumers may rapidly migrate to EVs.
About Climate Impact Capital
CIC invests in energy technology companies and supports global energy corporations through CIC’s Venture-as-a-Service program. CIC identifies resiliency opportunities to prepare our partners for a world challenged by climate change risk and resource scarcity. With a diverse team and a global partner network across oil and gas, power, and energy technology manufacturing, CIC is at the forefront of the energy transition.
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]]>The post 60Hertz Energy Closes $1.3M Round to Improve Remote Microgrid Operations appeared first on Climate Impact Capital.
]]>“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.”
60Hertz Energy is the only offline-first Social Impact CMMS (Computerized Maintenance Management System) for remote assets and teams. 60Hertz is innovative because of[its focus on emerging markets, serving users without strong reading skills, and for use in rural/remote settings with limited bandwidth.
Factor[e] is a global venture development firm dedicated to supporting the growth of early-stage, technology-enabled companies solving challenges in energy, agriculture, mobility, and waste in emerging markets.
Climate Impact Capital, LLC invests in energy technology companies and supports global energy corporations through CIC’s Venture-as-a-Service program. Focusing on climate change risks, CIC identifies resiliency opportunities and prepares our partners, customers, and portfolio companies for a world challenged by climate variability and resource scarcity. With a diverse team and a global partner network across oil and gas, power, and energy technology manufacturing, CIC is at the forefront of the energy transition.
SeaChange Fund was founded in 2015 and has $47.5 million assets under management and a pooled average IRR of 55.6% across six funds. The Fund has made 46 investments in 33 early-stage Pacific Northwest startups in nine industry sectors. These investments help support nearly 610 jobs in the PNW region.
About Clean Energy Venture Group
Clean Energy Venture Group is an angel 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.
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