Kate Steel’s Post

In the first of our series for #GoodMoneyWeek, we explore the opportunities and challenges in renewable energy infrastructure. As the UK races towards its 2030 decarbonisation targets, the new Labour government has set ambitious policies, putting renewable energy at the forefront. Philip Kent, CEO at Gravis, highlights key developments: - National Wealth Fund aims to attract £3 of private investment for every £1 it invests. - GB Energy, a publicly owned entity, is focusing on clean power projects. - Mission Control is driving efforts to streamline infrastructure projects for decarbonisation. However, the path ahead is complex. To meet the 2030 goals, the UK must double its renewable energy capacity to 140GW, ramp up electric vehicles to 37 million, and significantly increase heat pump installations. Despite these challenges, government support and emerging sectors like biomethane, hydrogen, and sustainable agriculture present exciting opportunities for investors. You can read the full news here: https://lnkd.in/evs_R8g2 #GoodMoneyWeek #SustainableInvesting #Decarbonisation (Professional investors only. Capital at risk. Past performance is not a guide to future performance.)

Did you know that changes are coming to the REAP Grant? Don't miss your chance to get 50% of your solar system paid for by the federal government! If you are unfamiliar with REAP, dive into this new blog post and discover how this historic initiative can fuel growth, savings and sustainability for your business ☀ https://lnkd.in/evtTNt6g

As we move towards Net Zero, the benefits of commercial solar are becoming increasingly clear. Not only does it help reduce carbon emissions and significantly lower energy costs, but there are also grants available from the government to support businesses in making the switch to solar energy. By taking advantage of these grants, businesses can not only save money in the long run but also contribute to a more sustainable future for all. Drop us a message and we'll help you find the right support for you ☀️ 🙏 🤝 #netzero #businesstips #business #commercial #commercialsolar #tbesolar #efficiency #sun #power #2024 #grantfunding #grants #sustainability #sustainableenergy #opportunity

The new Georgia BRIGHT (Building Renewable Investing for Green Healthy Thriving Communities) leasing program makes it possible for low-to-moderate income households and nonprofits to afford solar energy systems, and is already having a major impact on the people in our communities! Find out more about the average 20% cost savings, and how it all works in the most recent issue of Georgia's Cities Magazine. bit.ly/GMA-Magazine 📸 : Capital Good Fund #GaCities

This Earth Day, let's rewrite the energy narrative. Say goodbye to fossil fuels and hello to solar savings with Ollin. Apply now through https://ollin.com.eg and create a sustainable tomorrow. You can also email us at [email protected] or reach out to one our representative through our hotline 16470 *Regulated by the FRA (Financial Regulatory Authority). #Ollin #FinancialFreedom #EarthDay

Erodatools Ltd, a precision engineering company using sparks of electrical energy to cut through metal, has invested in solar panels to reduce sky-high energy bills. The second-generation family business has gained grant support to help install 240 solar panels on the roof of the Penistone factory it has owned for 52 years. The new 102kwp photovoltaic system will generate more than 72,000 kwh of green energy a year, helping to slash their annual electricity bill by £17,000 and reduce carbon emissions by 14.07 tonnes a year too. The investment has been backed by a Low Carbon Grant delivered by us through Net Zero Barnsley and supported by the South Yorkshire Mayoral Combined Authority; part-funded by the government’s UK Shared Prosperity Fund (UKSPF). #SustainableBarnsley Read more: https://lnkd.in/gvXZsypQ

Chapter five of this amazing series on Carbon Markets. Thanks David Antonioli for all your work on this topic. Very useful for those working to fund the carbon transition.

🌟 At the ACORE Finance Forum in NYC (June 7-8, 2023), leaders in renewable energy gathered to discuss navigating the investment landscape amidst the Inflation Reduction Act (IRA), inflation and permitting issues. Key themes included the IRA's impact on project siting, content sourcing, and financing, with a focus on innovative approaches for urban and disadvantaged communities. We're excited to be working with teams in Puerto Rico, Los Angeles and Illinois on urban solar subsidies. The importance of community solar projects and the collaboration between finance, industry, and government drives the energy transition. #ACOREFinanceForum #RenewableEnergy #Sustainability #CleanEnergy

Woodstock North High School is adjusting its solar farm project after ComEd found the original plans too ambitious for the current grid. While the downsizing comes as a disappointment, it does lead to significant cost savings—dropping from $4.5 million to around $2.47 million! Plus, with state and federal tax incentives, the district anticipates potential savings of about $2.475 million. Though not all energy needs will be met, projected long-term savings could still reach around $1.9 million over 20 years. This project highlights both challenges and opportunities in our journey toward sustainable energy solutions! 🌞💡 #RenewableEnergy #Sustainability https://lnkd.in/eZSujefn #SolarPower #RenewableEnergy #GreenTech #SustainableLiving #EcoFriendlyInnovation

Yesterday I used pedal power and cycled to hear Brett Christophers speak about renewable energy investment at the Hay Festival. Simply put, he argues that in capitalist societies private investment into renewables is stifled by the instability of the electricity market (placing reliance on subsidy) and the more attractive returns of Fossil Fuel investment. He suggests that to meet global decarbonization targets governments must take greater involvement, through ownership, market stabilization mechanisms or by greater regulation of the fossil fuel industry. He argues that the Global South should be the focus of efforts as this is where demand is growing fastest. I can’t help but see a role an opportunity here for #impactinvesting or #philanthropiccapital to help bridge some of the investment gap in these regions.