This article was originally published on December 15, 2017. A few weeks ago, the financial press took note as Norway’s $1 trillion sovereign wealth fund, the Norwegian Government Pension Fund (“NGPF”), announced that it would drop oil and gas stocks from its index. Yet Norway has not been the only sovereign wealth player exiting oil… Continue reading Yukon Goes Silicon
The Wharton team outlasted a field of 34 teams to win the Energy in Emerging Markets Case Competition, focused on renewable energy development in rural Kenya. MKOPA—a residential solar company operating in East Africa—asked top MBA’s across the country: “How should MKOPA adapt its business operations in Kenya with its off-grid solutions? What should the… Continue reading Wharton MBA team wins Energy in Emerging Markets Case Competition at Fuqua
This article initially appeared in The Wharton Journal (linked here), and its author is Shawn Xu. At the end of September, Tesla Motors hosted its first-ever MBA case competition at the Tuck School of Business at Dartmouth College. Tesla’s business operations team asked students a simple question – what new products or features can we build… Continue reading Wharton wins Tesla’s first-ever MBA case competition; offered internships for summer
This blog post was originally published by International Energy Agency on August 30th here. Commentary: Examining the role of early-stage venture capital investment in energy Between USD 1 billion and USD 4 billion of energy-related early-stage venture capital (VC) deals are made every year. Though small relative to the size of total investment in the… Continue reading My Wharton Energy Internship: Energy VC Analysis at IEA
With the shutdown of NRG’s Home Solar division, David Crane’s bold foray into the residential solar market was abandoned, and the recent bankruptcy of Sungevity has similarly emphasized distress within residential rooftop solar. Yet as the US solar market doubled in the year 2016, it is clear residential solar is not going away anytime soon. … Continue reading Where goes the rooftop resi market?
This past February, eleven Wharton Energy Club members boarded a plane to San Francisco excited to visit a diverse set of entities renowned for their leadership in the clean energy sector. The trip’s festivities included eight onsite meetings, as well as a happy hour downtown bringing together Wharton cleantech alumni in the Bay Area. The… Continue reading Cleantech Trek to San Francisco: Soaking up the California Sun (and Storing It Too)
In 2015, the private sector funded only $25B in project-level equity of the $391B in global climate finance. The balance either flowed through government budgets and the multilaterals that use these funds, or balance sheet financing, which tends to support the lowest risk investments. This pales in comparison to the $5.7 trillion (yes, trillion) in… Continue reading Change is money in climate change