SuryaTech’s Post

Excited to return to the city of my birth and joining this capable group of people working towards #netzero and #justtransition through #cleantech and #innovation. Looking forward to contribute and connecting the dots between #digitalization, best practices in the #transport, #construction and #energy sectors to #makingsustainabilityhappen

Will we see you at this year's #Cleantech Conference on Thursday, organised by CINEA - European Climate, Infrastructure and Environment Executive Agency?   As Europe focuses on re-industrialisation, clean technology manufacturing emerges as a critical pillar for sustainable growth. Programmes such as the Innovation Fund can help bring breakthrough innovations to European consumers. We eagerly anticipate CINEA’s insights on the project pipeline following the current calls for proposals. Connect with us at the conference to discuss how the Innovation Fund and other critical funding programmes can support your clean tech projects. If you'll be there, let us know in the comments below. Our consulants, Anne Ingeborg van Luijn and Adrianna Lisek, look forward to meeting you. Find out more: Our Green Transition expertise: https://lnkd.in/d4Kbhiqy CleanTech policy, strategy and financing: https://lnkd.in/dKNM4M3n EU funding for green investments: https://lnkd.in/drVCSdAe CINEA's CleanTech conference: https://lnkd.in/ddtbX5pE   #CleanTech #InnovationFund #EUfunding #NetZero #GreenDeal #EUGreenDeal #GreenTransition #NZIA #IFCleantech

🌎 The global clean energy transition will hinge on developing and adopting new green tech that improves price and performance. ITIF's latest Index ranks states and metro areas on their current ability to develop and adopt new innovations. Vermont, South Dakota, and Alaska are the top-performing U.S. states, while Staunton and Stuarts Draft, Virginia, emerges as the top performing metro area, followed by the Burlington, Vermont, then Lynchburg, Virginia. David M. Hart & Chad Smith go in-depth on the best and worst places for green tech innovation below ⤵️https://lnkd.in/e4vCavCY

The world economic forum roadmap to #netzero provides a three step process that focuses in developing and implementing technology to decarbonise our sectors and using clean energy in our industry! #Heatdecarbonisation #EnergyTransition #assetmanagement #sustainability

Experts are now admitting that Cleantech is no longer a niche market but a mainstream investment opportunity with significant growth potential. From infrastructure projects like developing sustainable transportation systems to eco-friendly buildings, the Cleantech sector is poised for a new era of investment. Delve deeper: https://bit.ly/3xVX0yP #CleanTech #CleanTechInvestment #CleanTechSector

As #ClimateChange has immediate consequences for insurers, it only makes sense for insurers to support #carbon removal initiatives. We recommendate this interview with Carla Erber from EIT Climate-KIC: https://lnkd.in/erHNjY3N

Couldn’t agree more with your words Ann Mettler. The spirit of collaboration that Breakthrough Energy embodies is admirable particularly where cross sectoral collaboration is concerned and the commitment to leverage tech start up partnerships to champion innovation. By creating a partnership ecosystem, with three leading actors - business, government and finance - a world stage that encourages sustainable business practices can emerge. For insurance practioners this leads to a monumental opportunity to be involved as the sector is a critical financial actor at the heart of this narrative given its pivotal role in the commercial viability of the transition towards sustainable industries and a netzero future. Insurers are important in the transition value chain not only from a capital allocation and risk transfer perspective but also the sharing of the deep domain knowledge and risk management data the insurance industry has access to, and ownership of. One thing that is certain is with nascent tech anticipatory spending on risk consulting is needed. Despite the complexities of the renewable sector insurers can respond by looking beyond pure risk transfer towards the innovation and deployment of risk management solutions that can evolve together with the evolving risk of prototypical tech. With more investment scenario analysis that galvanizes AI, satellite data, IoT (and so on) backed by sound risk engineering expertise can help the industry scale up. Building sound risk engineering in addition to quantifying and pricing risks is important in this incredible time of tech innovation. Lastly I wholeheartedly agree with the need for favourable and concessionary policy making. The role of pragmatic and forward thinking governance to expedite the energy transition and encourage companies and investors to champion the netzero agenda with capital allocation and innovations into viable clean tech can’t be underestimated (or overshadowed by party politics). We need macro stewardship - and fast. #sustainabilitycurated #renewables #policy #governance #tech #investors #impactinvestment #breakthrough #innovation #transformation

Europe's approach to clean tech "too slow" and "too cumbersome" I enjoyed speaking to the Financial Times' Florence Jones at the recent Breakthrough Energy Summit in London. Aware that Brussels will use the summer to prepare for the incoming European Commission, how about this to improve EU #industrialpolicy, #competitiveness and #innovation? 💬 “It is only through the scaling and commercialization process that technologies become cost competitive, and the green premium ... can be eradicated" EU innovation policy is front-loaded (R&D) and doesn't offer seamless action across the various stages of the innovation cycle. In the current set-up, the Innovation Commissioner has no responsibility for commercial success of Horizon-funded programs. 💬 We need "greater interplay between large corporate players and start-ups" Currently, there is industrial policy for the big players on the one hand and SME and startup policy on the other. Completely non-sensical. We know that startups, especially in energy, don't scale easily and need big corporations for their global value chains and offtake. And the incumbents need the startups for their breakthrough innovations, entrepreneurship, agility. 💬 “Financial incentives are critical because the development and deployment of these technologies is expensive and can take a long time" The punitive, regulation-heavy approach has been tried ad nauseum. Can we PLEASE try something different? More carrots, less sticks. More empowerment, less micro-management. 💬 “Risk tolerant, patient capital" needed The financing needs of the energy transition are immense. This is a once-in-a-generation kind of undertaking. Growth/project finance from a multitude of investors - governments / EU being only one of them - needs to be mobilized on a scale hitherto unseen. 💬 Be "realistic" about what can and cannot be achieved Precisely because "Europe is, on balance, a resource-poor geography", we need policies that are rooted in reality. Even if we recognize the importance of critical minerals, I don't see a mining boom in Europe. It may be more realistic to invest in research to find solutions to reduce demand and find alternatives. "I would encourage [R&D] funding for substitutions of materials that are scarce." 💬 Clean technologies "deserve a level playing field" "In year three of the war", fossil energy still has an unfair advantage because current infrastructure is built around it. Adding subsidies on top "doesn't make sense". We cannot complain about the unlevel playing field with China and yet, create one ourselves for the very technologies we purport to want to build up. 💬 Cleantech is "no longer only about climate" but also "security, energy resilience and competitiveness" While this is a no-brainer, it will be challenging to organize within the current administrative structures where vastly different Commissioners and departments will be in charge of these various, interlinked areas.

🌱 Unlocking a Sustainable Future: The Rise of Cleantech Innovation and Investment 🌱 Welcome to our new series where we explore the dynamic world of cleantech—a sector at the forefront of combining innovation with sustainability. As the global community becomes more environmentally conscious, the demand for clean technologies that reduce ecological footprints and enhance resource efficiency has never been higher. What is Cleantech? Cleantech, or clean technology, refers to products, services, or processes that improve environmental performance through significant energy efficiency improvements, the sustainable use of resources, or environmental protection activities. It encompasses a wide range of industries including renewable energy, green transportation, water management, and materials recycling. Why the Focus on Cleantech? Environmental Urgency: The growing impacts of climate change and environmental degradation demand innovative solutions. Economic Opportunity: Cleantech not only addresses environmental challenges but also represents a significant economic opportunity, attracting investments from both private and public sectors. Technological Advancements: Recent breakthroughs in technologies like battery storage, carbon capture, and advanced materials are accelerating the growth of cleantech solutions. The Growth of Investment in Cleantech Investment in cleantech has seen exponential growth over the past decade, driven by factors such as governmental policies, technological advancements, and shifting consumer preferences. Investors are increasingly drawn to the sector's potential for high returns and significant impact. Conclusion This series will delve deeper into the innovations driving the cleantech sector, the investment landscape, and the challenges and opportunities within this evolving field. Join us as we uncover how cleantech is shaping a more sustainable future. 📢 Discussion Prompt Why do you think cleantech is vital for our future? What specific areas within cleantech are you most interested in learning more about? Stay tuned for our next post, where we will explore recent trends in cleantech innovation. #Cleantech #SustainableInvestment #RenewableEnergy #GreenTech

🌍 The Global Cleantech 100 highlights the most promising private companies in the cleantech sector—innovators with cutting-edge technologies, disruptive business models, and bold solutions to tackle the climate crisis. A big shoutout to our portfolio companies Liminal and ZeroAvia for making the list! 🙌 If you're curious about the future of sustainable innovation, dive into the full report and discover the companies shaping the next generation of clean technology. 🔗 https://bit.ly/40z6egh #Cleantech #Innovation #Sustainability #ClimateAction #CleanTech