Cleantech for Europe

“The pace of scaling asset-heavy solutions to the sustainability transition has never been faster” - P Capital joins Cleantech for Europe P Capital Partners provides private credit solutions to European entrepreneur- and family-owned companies, including developers of sustainable infrastructure. Since its inception, the company has invested over five billion euros into more than 170 companies across a variety of industries. Now, P Capital joins Cleantech for Europe’s investor coalition. We spoke with CEO Daniel Sachs and Director of Sustainability Anna Skarborg to about their work, the state of the European cleantech space, and how to fund the scaleup of innovative cleantech solutions. Learn more about: ⚖️ P Capital’s approach to balancing risk and reward 🏛️ Trends in the private debt and equity markets 📈 How cleantech entrepreneurs can leverage limited capital resources without compromising their growth potential Thank you, Anna and Daniel, for sharing your insights with us! We look forward to working with you and the P Capital team. https://lnkd.in/eANCsdZT

📃 An EU Action Plan for Cleantech Competitiveness 📈   ⏰ This morning, Mario Draghi released its report on Future of European Competitiveness. With a significant focus on cleantech, the report paints a sobering but accurate diagnosis of the state of industrial competitiveness in Europe. A leader in cleantech innovation, Europe has a opportunity to become an industrial powerhouse and create millions of jobs in the process. But we still struggle to scale clean technologies, due to the lack of assertive industrial strategy focused on the next generation of technologies.   ❗ China and the US have developed such policies, invest significantly more in cleantech, and are starting to reap the benefits. The urgency for Europe to turn its “early-mover” advantage into lasting competitiveness has never been clearer.   The report proposes key measures that Cleantech for Europe has been championing to increase our competitiveness:   🥇 Finance as a top priority: the report proposes increasing and focusing public money on de-risking private capital, including via public guarantees, channeling more institutional investors towards cleantech and better leveraging ETS revenues, all measures that the cleantech community has called for.   🥈 Time for a trade wake-up call: it is critical to focus on the bankability of new investments by introducing local content criteria and other trade measures until new technologies reach scale, just like our peers in the US and China are already doing.   🥉 No success without infrastructure: we need to massively invest in infrastructure, in particular electricity grids and clean energy production, to improve the business case for the cleantech revolution.   The report also introduces new ideas on how to finance innovation, including on securitization and Common Safe Assets. Follow our colleagues at Energy Resilience Leadership Group for a full debrief. Time is short to build the industrial, trade and financial policy we need to succeed. Key parts of this action plan should implemented as soon as possible, so that the benefits of this action plan can be reaped by the end of this decade. Full report here: https://lnkd.in/eAk84kkG

💡 Join us at The Drop to learn how the cleantech movement can thrive in Europe! 💡 The EU is a powerhouse of cleantech innovation, and many of the technologies needed to take us to net zero have been developed in Europe. At the same time, European innovators often struggle to commercialise their technologies — which hold the potential to become the engine of Europe’s future industrial competitiveness while creating millions of jobs—due to insufficient supportive policy. The European cleantech movement must work concertedly towards positively transforming this inertia at all levels of governance. That’s why we’re so excited by the huge outpouring of interest in our session at The Drop 2024, during which Jessica Burley (Investor, Planet A Ventures) and Suzana Carp (Deputy Executive Director, Cleantech for Europe) will dive into what's already happening in this space. Their aim is to connect those who want to accelerate this move in the right direction, creating space for discussion between those on the frontline of making change and those who can pull strings of policy and resources to accelerate it. 🎟️Don’t miss out on this opportunity to be part of the change - click on the link below to learn more! https://lnkd.in/ezrrtmgs          

💡 Join us at The Drop to learn how the cleantech movement can thrive in Europe! 💡 The EU is a powerhouse of cleantech innovation, and many of the technologies needed to take us to net zero have been developed in Europe. At the same time, European innovators often struggle to commercialise their technologies — which hold the potential to become the engine of Europe’s future industrial competitiveness while creating millions of jobs—due to insufficient supportive policy. The European cleantech movement must work concertedly towards positively transforming this inertia at all levels of governance. That’s why we’re so excited by the huge outpouring of interest in our session at The Drop 2024, during which Jessica Burley (Investor, Planet A Ventures) and Suzana Carp (Deputy Executive Director, Cleantech for Europe) will dive into what's already happening in this space. Their aim is to connect those who want to accelerate this move in the right direction, creating space for discussion between those on the frontline of making change and those who can pull strings of policy and resources to accelerate it. 🎟️Don’t miss out on this opportunity to be part of the change - click on the link below to learn more! https://lnkd.in/ezrrtmgs          

On September 17, our Deputy Executive Director Suzana Carp and our investor coalition member Planet A Ventures' Jessica Burley will co-host a "Ripple" at The Drop in Malmö, Sweden. Titled "The New Green Tech Lobby" their session will dive into how the European #cleantech movement can accelerate the green transition by raising their voices in the policy space. Learn more in Jessica's video interview below!

🏙“The entire built world represents a vast, multi-trillion-dollar market with significant opportunities for innovation and investment."—noa joins Cleantech for Europe🏙   Europe's cleantech movement is growing! Today, we are proud to announce that noa (formerly A/O) joins our investor coalition, bringing with them a wealth of experience in decarbonizing the built environment. We sat down with Emily Nixon, ESG and Finance Manager at noa, to discuss her thoughts on the opportunities for technologies and solutions that impact the built world and accelerate its positive transformation.   Read the article linked below to learn about:   📈 The role of #venturecapital in the built world sector, and opportunities for startups and investors 💷 The current financial barriers to decarbonizing the sector 📃 Policy measures that could accelerate the #decarbonization of the built environment   Thank you Emily for taking the time to share your insights! We look forward to working with you.   Obai Afifi

👀Q2 2024: another strong quarter for EU cleantech venture investment 👀   Last quarter, Q2 2.4 billion euros in equity were invested across 161 cleantech deals. Debt rounds fell from the historical record observed in Q1, but show early promise of stabilizing at a level higher than previous years.   Against this backdrop, a new political cycle is starting in the EU. In June, Europeans elected a new European Parliament, which reconfirmed Ursula von der Leyen at the helm of the European Commission. In her speech as a candidate for a second mandate, President Von der Leyen reaffirmed her ambition for the future of cleantech to be “made in Europe”. But as global competition accelerates, success will require an unprecedented effort to turn our technological edge into industrial leadership. In short, it’s time to scale!   Read our latest Quarterly Briefing to learn more about: 📈 Investment news from the cleantech ecosystem 🏛️ The next Commission’s priorities, such as a Clean Industrial Deal, and the political guidelines for the new mandate 🔋 A deep-dive into the battery recycling sector, with a profile of the innovator cylib 🤝 Top cleantech deals this quarter, including new funds by ETF Partners, GET Fund, Seaya, Vsquared Ventures, Wind and fresh capital for Black Semiconductor, CargoBeamer, John Cockerill, HYSETCO, Salzgitter AG, Valeo, and Verkor   To realise Europe’s cleantech potential, extraordinary effort is needed – from creating strong demand signals to facilitating access to abundant, affordable clean energy for clean industry. It will also require Europe to wake up to the new realities of global trade, and take measures to enact a level-playing field between European manufacturers and importers. Most of all, it will require a step-change in how we finance clean technologies, which face an investment gap in the hundreds of billions by 2030.

📣 Time to Scale - Cleantech for Europe Summit Returns to Brussels on September 26! 📣 A new political cycle is starting in the EU. In June, Europeans elected a new Parliament, which reconfirmed Ursula von der Leyen at the helm of the European Commission. In her speech as a candidate for a second mandate, President Von der Leyen reaffirmed her ambition for the future of cleantech to be “made in Europe”. But as global competition accelerates, success will require an unprecedented effort to turn our technological edge into industrial leadership. In short, it’s time to scale. We are thrilled to announce the next edition of the Cleantech for Europe Summit will take place on Thursday, September 26, at Residence Palace in Brussels. The summit will focus on this race to scale, and convene leading cleantech CEOs, investors and European policymakers to chart a path towards competitiveness and industrial leadership. Cleantech for Europe Summit is an invite-only event with limited seating, and focuses on high-level discussions, in-depth roundtables and key announcements for the EU cleantech space. If you would like to join us at this pivotal moment for Europe’s cleantech movement, you can request an invitation via the link below. We look forward to seeing you on Thursday, September 26! https://lnkd.in/giD3TuHE Nils Aldag Maria Persson Gulda Kurt Vandenberghe Mechthild Wörsdörfer Bertrand Piccard Ann Mettler Julia Reinaud Mohammed Chahim Lídia Pereira Claudio Spadacini Laura Cozzi Thomas Pellerin-Carlin Anna Skarborg Jean-Christophe Laloux Alessandro Tappi Alice Hancock Mathieu Lassagne Taavi Madiberk Mattijs Slee Veronica Wänman Nicolas Cruaud Gideon Schwich Bianca Dragomir Jules Besnainou Peter Nelson Suzana Carp 

“By diversifying its capital stack, Italy can become Europe's next cleantech champion” – Federico Cuppoloni initiates Cleantech for Italy The scaleup of Europe’s cleantech industry promises great prosperity for the entire continent. What was once a peripheral market for innovation within the EU, Italy is now booming with promising scaleup companies working climate such as Cleantech for Europe coalition member Energy Dome as well as Tau Group and SQIM. To better understand the promise and challenges facing Italy’s burgeoning cleantech scene, we spoke to Federico Cuppoloni, director of the newly formed initiative Cleantech for Italy. Federico joins a pan-European movement of cleantech organisations from his previous role as deeptech venture capital investor. Federico entered the venture capital industry in 2021 joining the space tech fund Primo Ventures Space Fund, one of the first deeptech funds in Italy. There, he had the chance to research on climate applications of space technologies – in particular, the use of Earth Observation to monitor climate metrics. We discussed with Federico, his views on Italian cleantech, as well as the recently organised inaugural event of Cleantech for Italy. There, he shared findings from Cleantech for Italy's first-ever report on the state of the Italian cleantech ecosystem, and brought together stakeholders from the entire community. Thanks for sharing your insights, Federico! We look forward to working with you! Federico Cuppoloni Cleantech for Italy MITO Technology Breakthrough Energy https://lnkd.in/e3HKxEVs

🚀 New White Paper: Cleantech Bankability in the Iberian Peninsula 🚀 We are thrilled to announce the release of our latest #whitepaper, written in collaboration with our coalition's anchor partner BBVA! This comprehensive report reveals that by 2030, over €150 billion will be invested in cleantech across Spain and Portugal, creating 2.65 million new jobs. The analysis linked below explores the opportunities and challenges facing the financing and scalability of #cleantech projects across the region, underlining the need for strategic action by #government and #industry players. The Iberian Peninsula is rapidly becoming a clean energy powerhouse, with Spain and Portugal on track to achieve remarkable renewable energy milestones. However, catalytic policy is still needed to achieve our ambitious targets. Key recommendations from the report include: 📈 Stimulate Investment: Develop national laws specifically designed to stimulate investment in cleantech, addressing high capital requirements and technology risks. 📃 Stable Regulatory Frameworks: Governments must establish predictable and stable regulations to foster investor confidence and support long-term cleantech projects. 💶 Utilization of ETS Revenues: Allocate 25% of Emissions Trading System (ETS) revenues to promote clean technologies, enhancing their impact and accelerating the transition to a low-carbon economy. 🤝 Public-Private Partnerships: Financial institutions should partner with public institutions to amplify their impact, sharing industrial knowledge and investing in specific risk frameworks tailored for clean technologies. 🎯 Net-Zero Ambitions: Encourage financial institutions to set ambitious net-zero goals, ensuring their operations and investments align with broader sustainability targets. Taken together, these complementary measures will create a robust and well-funded cleantech ecosystem, positioning the Iberian Peninsula as a leader in the European clean energy landscape. We invite policymakers, industry leaders, and investors to join us in driving the Iberian Peninsula’s transition toward a low-carbon economy. Read the full white paper here: https://lnkd.in/giag-dFe We'd like to thank all of our partners at BBVA for the great collaboration, as well as the many people who contributed their knowledge and insights to the white paper! Bianca Dragomir Antoni BALLABRIGA Cristóbal Baeza Vaqueiro Javier Rodriguez Soler Diego Cordón Viani Jesus Gutierrez Angel Gimenez Palazon Karla Ceño Víctor Fernández Dorian de Kermadec Alberto Toril Castro Mario Fernandez Julia Reinaud Jules Besnainou Sofia Karagianni Jose Antonio de las Heras Alonso Michael Geyer Luis César Castañeda Joaquín Coronado Galdos Filipa Abreu Teixeira Carlos Monreal Zubi Group Iker Marcaide Natalia Ruiz Saez Iñigo Echaniz Alberto Echeverri Carlos Prieto Menendez