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Greentech Media
Greentech Media, a subsidiary of Wood Mackenzie, is a media company based in Massachusetts, United States, that generates daily reports, market research studies, and news on electricity systems and green technology and green jobs. It was founded in February 2007 by Scott Clavenna and Rick Thompson, and announced that it had raised $1 million in Series-A venture capital funding the following May. It announced another $2.75 million Series-B round in May 2008. The company currently has four offices, in Boston, New York, San Francisco and Munich. In February 2021, Wood Mackenzie announced the closure of the Greentech Media website by March 2021, while podcasts would continue. Deal summary Greentech Media Inc. has released quarterly data showing that venture capital investment in green technologies totaled US$1.2 billion in 85 deals in the second quarter of 2009. This is up from $836 million in 59 deals in the first quarter of 2009. Podcasts Greentech Media produces two weekly p ...
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Wood Mackenzie
Wood Mackenzie, also known as ''WoodMac,'' is a global research and consultancy group supplying data, written analysis, and consultancy advice to the energy, chemicals, renewables, metals, and mining industries. In 2015, the company was acquired by Verisk Analytics, an American data analytics and risk assessment firm, in a deal valued at $2.8 billion. The company is based in Edinburgh, Scotland, though it has over 40 offices worldwide. Originally founded as stockbroker in 1923, the company's energy business was launched in 1973, when it started reviewing the North Sea oilfields. Between 2007 and 2014, Wood Mackenzie acquired coal specialists Hill & Associates in the US, Barlow Jonker in Australia, and Brook Hunt, the UK-based metals analysts. Since 2015 a host of companies have become part of Wood Mackenzie including PSG, a petroleum database service; PCI, the specialist chemicals analysis group; Greentech Media, providing analysis of the solar market and MAKE, providing an ...
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Massachusetts
Massachusetts (Massachusett language, Massachusett: ''Muhsachuweesut [Massachusett writing systems, məhswatʃəwiːsət],'' English: , ), officially the Commonwealth of Massachusetts, is the most populous U.S. state, state in the New England region of the Northeastern United States. It borders on the Atlantic Ocean and Gulf of Maine to the east, Connecticut and Rhode Island to the south, New Hampshire and Vermont to the north, and New York (state), New York to the west. The state's capital and List of municipalities in Massachusetts, most populous city, as well as its cultural and financial center, is Boston. Massachusetts is also home to the urban area, urban core of Greater Boston, the largest metropolitan area in New England and a region profoundly influential upon American History of the United States, history, academia, and the Economy of the United States, research economy. Originally dependent on agriculture, fishing, and trade. Massachusetts was transformed into a manuf ...
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Green Technology
Environmental technology (envirotech) or green technology (greentech), also known as ''clean technology'' (''cleantech''), is the application of one or more of environmental science, green chemistry, environmental monitoring and electronic devices to monitor, model and conserve the natural environment and resources, and to curb the negative impacts of human involvement. The term is also used to describe sustainable energy generation technologies such as photovoltaics, wind turbines, etc. Sustainable development is the core of ''environmental technologies''. The term ''environmental technologies'' is also used to describe a class of electronic devices that can promote sustainable management of resources. Purification and waste management Examples *Biofiltration *Bioreactor *Bioremediation *Desalination *Thermal depolymerization *Composting toilet *Pyrolysis Water purification Water purification: The whole idea/concept of having dirt/germ/pollution free water flowing throughou ...
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Green Jobs
Green jobs (green-collar jobs, sustainability jobs, eco jobs or environmental jobs) are, according to the United Nations Environment Program, "work in agricultural, manufacturing, research and development (R&D), administrative, and service activities that contribute(s) substantially to preserving or restoring environmental quality. Specifically, but not exclusively, this includes jobs that help to protect ecosystems and biodiversity; reduce energy, materials, and water consumption through high efficiency strategies; de-carbonize the economy; and minimize or altogether avoid generation of all forms of waste and pollution." The environmental sector has the dual benefit of mitigating environmental challenges as well as helping economic growth. Green jobs, according to the U.S. Bureau of Labor Statistics, are classified as, "jobs in business that produce goods or services that benefit the environment or conserve natural resources" or "jobs in which workers' duties ...
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Series A
A series A round (also known as series A financing or series A investment) is the name typically given to a company's first significant round of venture capital financing. The name refers to the class of preferred stock sold to investors in exchange for their investment. It is usually the first series of stock after the common stock and common stock options issued to company founders, employees, friends and family and angel investors. Series A rounds are traditionally a critical stage in the funding of new companies. Series A investors typically purchase 10% to 30% of the company. The capital raised during a series A is usually intended to capitalize the company for 6 months to 2 years as it develops its products, performs initial marketing and branding, hires its initial employees, and otherwise undertakes early stage business operations. It may be followed by more rounds ( Series B, Series C, etc). Sources of capital Because there are no public exchanges listing their securi ...
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Venture Capital
Venture capital (often abbreviated as VC) is a form of private equity financing that is provided by venture capital firms or funds to startups, early-stage, and emerging companies that have been deemed to have high growth potential or which have demonstrated high growth (in terms of number of employees, annual revenue, scale of operations, etc). Venture capital firms or funds invest in these early-stage companies in exchange for equity, or an ownership stake. Venture capitalists take on the risk of financing risky start-ups in the hopes that some of the firms they support will become successful. Because startups face high uncertainty, VC investments have high rates of failure. The start-ups are usually based on an innovative technology or business model and they are usually from high technology industries, such as information technology (IT), clean technology or biotechnology. The typical venture capital investment occurs after an initial "seed funding" round. The first ro ...
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Boston
Boston (), officially the City of Boston, is the state capital and most populous city of the Commonwealth of Massachusetts, as well as the cultural and financial center of the New England region of the United States. It is the 24th- most populous city in the country. The city boundaries encompass an area of about and a population of 675,647 as of 2020. It is the seat of Suffolk County (although the county government was disbanded on July 1, 1999). The city is the economic and cultural anchor of a substantially larger metropolitan area known as Greater Boston, a metropolitan statistical area (MSA) home to a census-estimated 4.8 million people in 2016 and ranking as the tenth-largest MSA in the country. A broader combined statistical area (CSA), generally corresponding to the commuting area and including Providence, Rhode Island, is home to approximately 8.2 million people, making it the sixth most populous in the United States. Boston is one of the oldest ...
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New York City
New York, often called New York City or NYC, is the List of United States cities by population, most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the List of United States cities by population density, most densely populated major city in the United States, and is more than twice as populous as second-place Los Angeles. New York City lies at the southern tip of New York (state), New York State, and constitutes the geographical and demographic center of both the Northeast megalopolis and the New York metropolitan area, the largest metropolitan area in the world by urban area, urban landmass. With over 20.1 million people in its metropolitan statistical area and 23.5 million in its combined statistical area as of 2020, New York is one of the world's most populous Megacity, megacities, and over 58 million people live within of the city. New York City is a global city, global Culture of New ...
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San Francisco
San Francisco (; Spanish language, Spanish for "Francis of Assisi, Saint Francis"), officially the City and County of San Francisco, is the commercial, financial, and cultural center of Northern California. The city proper is the List of California cities by population, fourth most populous in California and List of United States cities by population, 17th most populous in the United States, with 815,201 residents as of 2021. It covers a land area of , at the end of the San Francisco Peninsula, making it the second most densely populated large U.S. city after New York City, and the County statistics of the United States, fifth most densely populated U.S. county, behind only four of the five New York City boroughs. Among the 91 U.S. cities proper with over 250,000 residents, San Francisco was ranked first by per capita income (at $160,749) and sixth by aggregate income as of 2021. Colloquial nicknames for San Francisco include ''SF'', ''San Fran'', ''The '', ''Frisco'', and '' ...
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Munich
Munich ( ; german: München ; bar, Minga ) is the capital and most populous city of the States of Germany, German state of Bavaria. With a population of 1,558,395 inhabitants as of 31 July 2020, it is the List of cities in Germany by population, third-largest city in Germany, after Berlin and Hamburg, and thus the largest which does not constitute its own state, as well as the List of cities in the European Union by population within city limits, 11th-largest city in the European Union. The Munich Metropolitan Region, city's metropolitan region is home to 6 million people. Straddling the banks of the River Isar (a tributary of the Danube) north of the Northern Limestone Alps, Bavarian Alps, Munich is the seat of the Bavarian Regierungsbezirk, administrative region of Upper Bavaria, while being the population density, most densely populated municipality in Germany (4,500 people per km2). Munich is the second-largest city in the Bavarian dialects, Bavarian dialect area, ...
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Jigar Shah
Jigar Shah (born August 30, 1974) is the director of the Loan Programs Office in the US Department of Energy. Shah gained prominence as an American clean energy entrepreneur, author and podcast host. Shah is known for work to create and advocate for market-driven solutions to climate change. He authored the book ''Creating Climate Wealth: Unlocking the Impact Economy,'' published in 2013. Shah maintains that climate wealth is created when mainstream investors team up with entrepreneurs, corporations, mainstream capital, and governments at scale to solve the big problems of our time while generating compelling financial returns – not concessionary returns. Early life Born in India, Shah moved to the United States with his family when he was one year old. Shah moved to Sterling, Illinois when he was eight years old. Shah has attended public school from elementary school through his Masters. Shah holds a B.S. in Mechanical Engineering from the University of Illinois, Champaig ...
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Smart Grid
A smart grid is an electrical grid which includes a variety of operation and energy measures including: *Advanced metering infrastructure (of which smart meters are a generic name for any utility side device even if it is more capable e.g. a fiber optic router) *Smart distribution boards and circuit breakers integrated with home control and demand response (''behind the meter'' from a utility perspective) **Load control switches and smart appliances, often financed by efficiency gains on municipal programs (e.g. PACE financing) *Renewable energy resources, including the capacity to charge parked (electric vehicle) batteries or larger arrays of batteries recycled from these, or other energy storage. *Energy efficient resources *Sufficient utility grade fiber broadband to connect and monitor the above, with wireless as a backup. Sufficient spare if "dark" capacity to ensure failover, often leased for revenue. Electronic power conditioning and control of the production and distr ...
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