Featured in Bags of cash – 11-2022

Opportunity in crisis

The developed world is facing scenarios of zero economic growth or even recessions, as inflation, energy costs, interest-rate rises, and tougher lending criteria makes life tough for business. But money is flowing into the energy transition by scaling and commercializing existing technologies, reports pv magazine’s Tristan Rayner.

By

Tristan Rayner

09 Nov 2022

“Climate tech VCs have been acquiring larger stakes in more selective opportunities, in effect doubling down on the winners.” – Julia Padberg | Photo: SET Ventures

A helpful crisis sounds like an oxymoron but, for the solar industry in the energy transition, such situations are both deeply regrettable and a time to get to work. With a global pandemic ongoing, the climate crisis, plus Russia’s invasion of Ukraine and the associated energy crisis, humanity faces tragedy on all sides. Most economies are …

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