About 97 percent of the energy efficiency market is untapped due to the difficulty finding investors and other issues, says Dennis Quinn, chief operating officer of Joule Assets. And that's a big market: nearly $279 billion in the US, he says. In this podcast (see player above), Quinn and Richard Jones, senior vice president of Hartford Steam … [Read more...]
Joule Assets: Unearthing Hidden Revenue for Smaller Energy Efficiency Companies
Take heart smaller energy efficiency companies. Good times are coming. That was the positive message from Mike Gordon, CEO of Joule Assets, as his company recently rolled out news of $90 million in financing being offered to 10 US companies with a $270 million pipeline of projects. “The contractors, the technology integrators, technology … [Read more...]
Joule Assets: Unearthing Hidden Revenue for Smaller Energy Efficiency Companies
Take heart smaller energy efficiency companies. Good times are coming. That was the positive message from Mike Gordon, CEO of Joule Assets, as his company recently rolled out news of $90 million in financing being offered to 10 US companies with a $270 million pipeline of projects. “The contractors, the technology integrators, technology … [Read more...]
Google and Microgrids: Most Read Articles on EnergyEfficiencyMarkets.com
Smart thermostats catch your attention, or at least Nest does. Microgrids interest you too. That's what we learned about you, EnergyEfficiencyMarkets.com readers, based on your visits to our site in the first six months of 2014 The most read article for the first half of this year was Google and Nest: What the $3.2 Billion Deal Says about Energy … [Read more...]
Joule Assets Part 2: How to Achieve the Real Potential of Microgrid
Two topics keep cropping up in our conversations with energy efficiency insiders: 1) Joule Assets' new investment fund 2) Microgrid. So we recently brought the two together by asking Joule Assets CEO Mike Gordon about the investment potential for microgrid. Joule Assets made headlines in January with the launch of its $100 million Energy … [Read more...]
Joule Assets Part I: How to Draw Investors to Energy Efficiency
Energy efficiency and money seem like the stuff of a Zen riddle. The energy efficiency market is worth at least $900 billion.* But try to find financing for a project and no money exists. For investors it’s a problem of scale. Most building retrofit projects are too small to create attractive returns for investors. “A critical issue for … [Read more...]
A $200 Million Week for Energy Efficiency Financing
Big news on energy efficiency financing this week on two fronts. Joule Assets launched a $100 million private equity fund that will invest in energy efficiency and demand response markets worldwide. Joule described the fund as a first-of-a-kind that creates channels into the previously closed $900 billion energy reductions assets markets. “In … [Read more...]