In February 2015, the White House launched the Clean Energy Investment Initiative to catalyze expanded private sector investment in climate change solutions, including innovative technologies with breakthrough potential to reduce carbon pollution.
To support this initiative the Department of Energy has responded by establishing the Clean Energy Investment Center. The center’s mission is to advance private, mission-oriented investment in clean energy technologies that address the present gap in U.S. clean tech investment. It will also enhance the availability of the Department’s resources to investors and the public.
Financing and partnerships are crucial components for the acceleration and success this initiative, and that is why we welcome the addition of any interested collaborators. Specifically, mission-driven investors— such as foundations, university endowments, and institutional investors— can play an important role in providing an additional source of capital for the transition to a low-carbon economy.
Clean Energy Investment Center offerings:
- Single Point of Access for Information: The center will ensure information about DOE programs is more understandable and accessible. It will also serve as a one-stop for the investors to locate subject matter experts, acquire the latest reports and data on clean energy technology, and find a listing of companies and projects funded by the agency. This information will enable investors to make informed decisions that is based on DOE’s research and analysis.
- Technical Assistance: The center will share research and analysis produced by DOE and its 17 national laboratories on relevant developments in clean energy technology. Furthermore, the center will offer a mechanism for identifying the need for new technology analysis from DOE.
- Information on Early-Stage Projects and Companies: DOE currently has programs including the Advanced Research Projects Agency-Energy (ARPA-E), Small Business Innovation Research (SBIR), Small Business Technology Transfer (STTR), and others that help to fund and accelerate emerging early-stage technology projects and companies. The center will aggregate and make available public information on entities currently engaged in partnerships with DOE.
- Connections to Additional Relevant U.S. Government Programs: The center will include information about energy and climate programs at other government agencies including the U.S. Department of Agriculture, U.S. Department of Housing and Urban Development, U.S. Department of Transportation, U.S. Department of Treasury, U.S. Environmental Protection Agency, U.S. Small Business Administration and the National Science Foundation.