Aligned Climate Capital

Huge congratulations to Nneka (Uzoh) Kibuule on being named a 2024-2026 Mária Telkes Fellow! Nneka’s dedication to impactful climate solutions has earned her a place in this distinguished fellowship, named in honor of solar energy pioneer Mária Telkes. Hosted by the Cleantech Leaders Roundtable (CTLR) and the Clean Energy Business Network (CEBN), the fellowship celebrates and uplifts diverse voices in cleantech—and we couldn’t be prouder to see Nneka recognized! #MariaTelkesFellowship #AlignedClimateCapital #CleantechLeadership #DiversityInClimate

The Inflation Reduction Act's new tax credit transferability is unlocking billions in clean energy investment—up to $25 billion this year alone, up from just $4 billion last year. This change is transforming how clean energy projects are financed, enabling both large-scale developers and smaller, innovative projects to get off the ground faster. Aligned completed its first transferability deal this year, marking a key milestone as this provision accelerates the clean energy transition. We're eager to see how the expanding transferability market will continue to reshape climate finance and bring even more impactful projects to life. Read more from Jeff St. John at Canary Media Inc. on this game-changing policy shift below. #CleanEnergy #ClimateFinance #InflationReductionAct #EnergyTransition #SustainableInvestment

The solar arrays are soaking up the sun—and the fall colors, too! Recently, we partnered with Chris Foy from Yerba Studios to capture these breathtaking aerials of some of our distributed solar sites, further showing the impact and scale of our projects. Aligned Solar Partners owns and operates solar projects across the country that deliver clean energy and energy bill savings to local communities. Since 2018, this investment strategy has built more than thirty projects in six different states. We want to take a moment to acknowledge everyone involved in making these projects a reality—from our developers, construction crews, and engineers to the local partners, landowners, and financial institutions that help fund these efforts. Your contributions make all the difference! #SolarDevelopment #ClimateAction #RenewableEnergy #DronePhotography #DistributedSolar

Aligned is back at #VERGE24 this year, ready to connect with companies, investors, and policymakers accelerating decarbonization and the clean energy transition. Nneka (Uzoh) Kibuule will be judging the 2024 Cleantech Open Global Forum and Eric Lee will be at the conference both days. If you’re attending, be sure to reach out—we’d love to explore opportunities to collaborate! #EnergyTransition #CleantechOpen #Decarbonization #ClimateSolutions

Very excited to announce that we have closed a debt facility with Amalgamated Bank and the DC Green Bank for Aligned Solar Partners’ V Street Solar Project in Washington DC. This 6.1 MW community solar project is built across seven industrial rooftops and will provide clean energy savings to 1,000+ households across the District! Wonderful to work with Summit Ridge Energy and SolarGaines as our development and EPC partners. #CommunitySolar #CleanEnergy #ImpactInvesting #ClimateAction

A huge congratulations to our portfolio company, CleanFiber! Two new production facilities have been selected to receive $20 million in funding from the DOE Manufacturing & Energy Supply Chains Office (MESC). CleanFiber transforms recycled cardboard into advanced cellulose insulation. At scale, these plants will help weatherize over 20,000 homes annually and create 80 new jobs in Chehalis, WA and Ennis, TX. This initiative, part of the U.S. Department of Energy (DOE)’s $428 million effort, focuses on revitalizing former coal communities by tapping into local talent for clean energy projects. We’re proud to work alongside CleanFiber as they reduce emissions, boost economic growth, and demonstrate how meaningful impact can be achieved through practical solutions. #CleanFiber #CleanEnergy #ImpactInvesting #CircularEconomy #DOE #MESC #CommunityRevitalization #ClimateTech

🚀 #LATechWeek2024 was filled with inspiring conversations and bold ideas, and we at Aligned Climate Capital were grateful to take part! Our Senior VP, Eric Lee, spent the week attending events, meeting with founders from our portfolio, and collaborating with industry leaders across AI, SaaS, climate tech, and more. What makes TECH WEEK by a16z special is the way it brings people together—global innovators, local talent, and mission-driven investors, all aligned on creating lasting impact. We’re proud to be part of this movement and look forward to turning these conversations into action. #TechCommunity #ClimateTech #VentureCapital #Innovation #LATechWeek #AI #TechForGood 

🔋 Berkeley Lab's latest study reinforces what we at Aligned Climate Capital know—storage is key to unlocking the full potential of renewables. Just one hour of storage can boost energy value by 81% in resource-rich areas, with solar hybrids standing out due to their natural alignment with peak demand. Wind hybrids, however, need longer storage, highlighting the importance of tailored solutions. With the Inflation Reduction Act improving project economics and battery costs falling, now is the time to act. At Aligned, we back technologies ready to scale today, driving both market value and environmental impact. Check out the full article from Utility Dive:

As we begin to wrap up 2024, The Global Impact Investing Network report highlights the pivotal role impact investments have played in advancing clean energy and climate solutions. At Aligned, we’ve seen firsthand how scaling proven technologies in energy storage, decarbonization, and e-mobility can deliver meaningful progress. With the election on the horizon, the policy landscape could shift dramatically. Our experience, rooted in long-term capital strategies and expertise in public policy, positions us to navigate these changes. No matter the political outcome, we remain committed to working with policymakers and industry leaders to continue deploying solutions that address grid reliability, reduce emissions, and foster resilience. This year, we have reinforced our belief that the clean energy transition doesn’t rely on waiting for breakthroughs. It’s about leveraging today’s technology and public policy to scale solutions that address current challenges. We look forward to collaborating with those who share our vision for a sustainable, carbon-free future.

Congratulations to our portfolio company, BrightNight, on their $440 million strategic investment from Goldman Sachs Alternatives and the upsizing of their corporate credit facility! As a next-generation renewable power producer, BrightNight is leading the charge with a 31-gigawatt portfolio that includes solar, energy storage, and hybrid solutions—tackling energy intermittency and driving the transition to reliable, sustainable power. We’re excited to see their continued success!