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Broadscale Newsletter
    News & Insights From Broadscale Group December 2014   

The year is closing with dramatic developments in the energy industry – not only plunging oil prices, but signs of major change in the power sector. E.ON, one of Europe’s largest utilities, is splitting into two companies to focus on cleaner, distributed energy instead of centralized fossil fuels. And Hawaii’s main utility agreed to be purchased by NextEra, a clean energy leader whose CEO called the deal a “postcard from the future” – as a mix of increasingly cost-competitive renewables, energy storage, software, and other new technologies challenge the traditional utility model.

Global Leader Panasonic Joins Broadscale Network 

Panasonic logo  
We're delighted to announce that Panasonic has joined the Broadscale Network through its Panasonic Enterprise Solutions Company (PESCO). Panasonic's global technology leadership and commitment to advanced energy, as demonstrated by its activity in solar and its EV battery partnership with Tesla, will add significantly to our Network. "Panasonic is excited to work with Broadscale to enhance its growth in cleaner and more efficient energy solutions," said Jim Doyle, President of PESCO.


Kudos to Friends in Energy Storage, Community Solar, and Big Data
Solar panels  
Stem, which counts GE as an investor, won an 85MW contract as part of Southern California Edison's historic energy storage procurement, while the same program awarded 50MW to Advanced Microgrid Solutions. First Solar invested in community solar company Clean Energy Collective to increase its exposure in residential solar, while EnerNOC acquired Pulse Energy, a Canada-based energy analytics software developer.

Sumitomo and TouGas Take Innovative O&G Solutions Global
TouGas recently announced a strategic investment from, and global distribution partnership with, Sumitomo. TouGas enables hydraulic fracturing without freshwater, among other solutions that improve the productivity and sustainability of oil and gas production. Broadscale, which has a longstanding relationship with TouGas, sees this as a promising example of a new company and an established leader collaborating to take an innovative solution to global scale.       Sumitomo Logo

TouGas Logo

From Climate Progress to Obvious Ventures
Andrew Shapiro spoke about energy innovation at Climate Week’s opening session in September, which featured leaders ranging from Ban Ki-moon of the UN to Tim Cook of Apple, and we were pleased to see subsequent progress in the US-China climate agreement and at the Lima summit. Andrew also has become an advisor to Obvious Ventures, a new fund started by Twitter co-founder Evan Williams and partners James Joaquin and Vishal Vasishth to invest in what it calls #worldpositive companies.
ClimateWeek NYC logo
obvious logo

We've moved!
110 East 59th Street   We've relocated just around the corner from our old office. Please note our new contact information:

110 East 59th Street
28th floor
New York, NY 10022

(o) 212-507-9761

We wish you a happy and healthy holiday season and all the best for 2015!
Copyright © 2014 Broadscale Group LLC, All rights reserved


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Broadscale Group LLC
110 East 59th Street
28th Floor
New York, NY 10022

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