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 5^th, 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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Grid Modernization is a critical next step in the world’s energy transition.  To accelerate this transition, CIC and Pecan Street Inc signed a strategic partnership in February 2020 to focus on shared learning, collaboration and prioritization of new products and services as we move towards a modern grid and utility model.  Our partnership embraces grid resiliency projects to accommodate rapid technological changes in the generation, transmission, and distribution of electric power.  We also take a systematic approach to assessing the impacts of climate change on grid infrastructure and resource utilization.

Grid Modernization can be viewed as a cost that needs to be incorporated to mitigate negative impacts to grid infrastructure, reliability, and capacity. Climate Impact Capital (CIC) views risks associated with climate change and Grid Modernization as an opportunity to accelerate the energy transition, reduce long-term costs, and improve the environment. Climate change risk and identifying new impact investing opportunities represent the world’s greatest opportunities towards resource optimization.  And with increasing needs for cooling, fresh water, and food, it is vital to identify holistic solutions that will grow the economy, improve people’s lives, and protect our natural resources as we move towards a sustainable global economy.

The Pecan Street and CIC partnership builds upon the PLATFORM program that Pecan Street recently completed in partnership with the Department of Energy, which tested over a dozen technologies to help reduce the perceived investment risk by early customers and investors.

“The ability for utilities to leverage technology and IOT innovations for more efficient energy management and decarbonization of our electric system is hampered by lack of funding for start-ups with promising innovations,” said Suzanne Russo, CEO, Pecan Street. “Pecan Street is excited to work with Climate Impact Capital on innovative financial models that de-risk investments in cleantech through independent technology performance testing, market validation, and trusted environmental impact analysis.”

As Climate Impact Capital launches its energy transition focus on new product and service innovations, Pecan Street will apply its unique capabilities to support the startups within CIC’s value proposition. “Our mission is to identify, prioritize, and invest alongside our partners into technology opportunities that enable the low carbon energy transition and the smart, distributed, and renewable power grid,” said Alex Rozenfeld, CIC Founder and Managing Director “…and together we have a mission to integrate and rapidly deploy solutions across multiple stakeholders.”

More on Pecan Street:

Pecan Street is uniquely accelerating solutions for climate resilience and drought mitigation by providing technology companies and university researchers with access to the world’s best data on consumer energy and water consumption behavior, testing and verification of technology solutions, and commercialization services to help bring breakthrough ideas to market faster and guide policy decisions.

Pecan Street’s lab is a green-built facility where companies of all sizes can develop, test and validate a wide range of products and services. The lab also houses Pecan Street’s secure data center, which powers Dataport – Pecan Street’s interactive web portal to access, visualize, analyze and discuss the organization’s unique data.

Our real-world testbed of volunteer research participants is the first of its kind on the planet and has become an international model for how to develop and conduct energy and resource research and product testing. It comprises of over 1,000 homes from across the United States, which collectively send over 750M datapoints per day to Pecan Street’s data center.  That data is then used by over 2,000 academic and policy researchers in over 60 countries.

Our commercialization lab is an affordable, world-class proving ground for major corporations and startups alike. And our database, the largest source of disaggregated customer energy data, is used by university researchers and industry-leading companies around the world.

Headquartered in Austin, Pecan Street Inc. is a 501(c)(3) research and development organization.

More on Climate Impact Capital:

Climate Impact Capital (CIC) invests in technology companies and supports our partners to target today’s relevant issues in energy and climate change. At our core, CIC creates resilience options and prepares our partners, customers and portfolio companies for a world challenged by climate variability and resource scarcity.

In investments, this is specifically to maximize alpha, based on analysis of complex and long-term (climate) issues with high variance potential. In strategy, we seek to help leadership teams identify business critical risks and find opportunities within climate change impacted systems.

The global energy and electrical infrastructure transition represent an immediate opportunity and current innovation focus. CIC’s mission-oriented approach to sustainable investing covers five sectors over time: (1) Energy and Power, (2) Agriculture and Water, (3) Transport and Logistics, (4) Manufacturing and Materials, and the (5) Carbon Cycle. The first two sectors encompass the Energy-Water-Food Nexus, which is our core focus.

We hope and expect that our insights on mitigation and adaptation, alongside our investments, will provide significant solutions and pathways for our partners and allow society to transition quickly to a low carbon economy.

The post Pecan Street and CIC develop a strategic framework for grid modernization initiatives appeared first on Climate Impact Capital.

Rozenfeld left his position as president of Shell Technology Venture to form his own venture firm, Climate Impact Capital. The past several years have not been kind to venture investors in cleantech and energy, as well as food, water, and other environmentally focused segments. Still, Rozenfeld says he believes that taking a longer-term approach to cleantech investing will prove to be successful.

“We’ve been talking about this for a long time, but nothing’s happening,” he says of society. “Really there may be only a decade before all of the economic impact issues become completely irreversible.”

It’s that economic argument—the belief that pursuing innovation that can tackle climate change is good business—that Rozenfeld says is key. “This is not just about doing good, though that is important.

“The boundary has been crossed to reach the financial community,” he adds. “Portfolios are at risk and we have a fiduciary duty to talk about this.”

Rozenfeld points out that others are seeing similar opportunities. For example, he points to the Breakthrough Energy Coalition, an effort to boost energy innovation led by Microsoft founder Bill Gates and Virgin Group founder Richard Branson, among others.

Climate Impact Capital is still just getting started. When I spoke to Rozenfeld last week, he had just moved into his new office and said he’s looking to hire a team and is also pursuing limited partners. His plan is to raise a $30 million fund with the goal of six to eight investments over a two-year period. He expects his investors to be large foundations and family offices, perhaps with a corporate strategic group added to the mix.

Rozenfeld says he envisions a fund that takes more of a longterm approach to investing in companies, as opposed to the more shortlived timeframes in cleantech so far. “The idea is for investors to maintain shares in the company throughout [its] lifetime,” he says. “We stay with the company and keep pushing them to create great products, even when it becomes public. That’s the way to create impact.”

To find those opportunities, Rozenfeld says he will use software to provide guidance, via data and systems analyses. “One of the most valuable parts of that is the act of bringing key stakeholders together around understanding fundamental problems and mapping them out,” he says.

Rozenfeld worked in the corporate energy world for two decades, and it’s a world he knows from his childhood; his father worked in the oil business and took the family around the world. “I’ve seen the negative consequences of energy development in developing countries,” he says. “I have an appreciation for the scale of the problems and the need for solutions.”

Those experiences fueled an interest in energy policy, which he studied at Princeton University. He received degrees in public policy and engineering from that institution, and also earned an MBA from MIT.

“I certainly am not starting this firm in the hopes of becoming a mega-millionaire venture capitalist,” he says. “The way to do that is to go into late-stage investments and raise a very large fund. This is more about creating something that will make value for investors, for companies, and have a significant positive impact in terms of the world.”

See original post by Angela Shah at Xconomy 

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