Tag: climate tech

Categories
Climate Tech

Energy Transition: The Real Challenging Scenario

energy transition

Written by – Chandrashekhar Chincholkar on Digilah (Tech Thought Leadership)

The World is going through a serious climate crisis, and it is important to start addressing the issue.  Paris Agreement signing by 194 Nations and subsequent submission of INDC (Intended Nationally Determined Contributions) has set the ball rolling.  

COP 26 strengthened commitments from various countries further to Energy Transition. The move towards complete Green / Renewable Energy is the need of the hour. Solar, Wind, Renewable Fuels like Hydrogen is the real need of the hour. Solar prices per unit have dropped significantly in the last 10-12 years and it is important to move faster to further penetration in power generation through Renewable Power. 

Hydrogen as a fuel of the future has a lot of promise but the initial costs of Hydrogen Green are higher. The Green Hydrogen prices are in the range of $ 5-8 per Kg. Further reduction in electrolyzer power consumption required per Kg of Hydrogen needs to drop at least 20-25%.  Also, the technological advancements to reduce the cost of Electrolyzer is also the biggest need for low cost of Hydrogen / Kg.

Decarbonization which is the biggest need for the World today has two major areas from Energy perspective:

  1. Mobility related Decarbonization – which is approx. 22%. 
  2. Manufacturing related Decarbonization – which is approx. 78%. 

Both these phases of Decarbonization needs huge capex going ahead and as per recent reports from IEA and Mckinsey, the funding requirement will range from $ 150 to $ 270 Trillion over the next 30 years. This is going to be biggest challenging area for the World as Corporates gear up for Decarbonization in every activity. This move towards Decarbonization will address the biggest concerns faced by Institutional Investors as ESG (Environmental, Social and Governance) reporting and disclosures becomes deeper day by day. 

Challenging times ahead for Global Economies and Corporates.

Most searched questions

What is energy transition with example?

How does climate change affect energy crisis?

How does climate change affect renewable energy?

Is renewable energy actually better for the environment?

Most searched queries

Energy transition index

Renewable energy and climate change articles

Effect of energy transition

For more such amazing content follow Digilah

Categories
Climate Tech

Satgana: A Global Venture Studio

Written by Jashna Pillay – Digilah (Thought Leadership)

Want to find out more about our operations and exactly what we can provide to you and your start-up? Or are you looking to make an impact investment and explore the potential of capital for good. You’ve come to the right place!

Why?

Today, the investment landscape is powered by a broader base of investors who are marshaling billions of dollars to tackle one overarching global threat: climate change. “Climate tech VC isn’t just having a moment, it’s entering a new age”, says Andrew Beebe of Obvious Ventures. Climate tech includes solutions aimed at decarbonizing the planet. This has been bolstered by recent trends including a staggering rise in extreme weather disasters, an international push for net-zero emission targets and new technological breakthroughs that can potentially fight climate change. 

We believe that some of the most successful businesses of this decade will stem from solutions addressing the climate and ecological crisis. Based on this premise, Satgana was launched in September 2020 with the aim of being a launchpad for other good companies that develop market-based solutions to solve these issues.

What?

The Venture Studio Model is dedicated to systematically producing new companies. Our mission is to launch and fund planet-positive startups that address the following Sustainable Development Goals (SDGs):

The diversity of fund structures positioned to foster and profit from early-stage business development and support is increasing. Incubators and accelerators are the first round of model innovation whereas Venture Studios represent a continuation of this trend. Further, this model thrives on shared solutions, shared talents and shared growth, which in turn result in reduced, distributed costs and better applied efforts. 

How?

For an entrepreneur, starting out may seem like the hardest part. How do you grow an idea from the ground up with little resources, reputation, or staff? You’ve had this amazing idea, you know it has potential, you’ve identified your target market and know how to sell to this demographic. But there’s work to be done in getting a company off the ground. 

At Satgana, we support and invest in impact-driven startups

The best entrepreneurial talent is sought by their ability to solve real world problems and to execute on those ideas. Therefore, our purpose as a Venture Studio is then to test those ideas and back them with funding and resources to launch and grow responsible companies with a triple bottom line approach: People – Planet – Prosperity

How much?

We create bespoke support from the idea-stage until the first round of external funding, which typically occurs through a seed round, 12-18 months after our Venture Studio work.

Our goal is to invest capital in tranches, from 30k€ in founding capital to pay a stipend to entrepreneurs for their first few months, and up to 500k€ in pre-seed capital. The goal is to work alongside entrepreneurs during the “valley of death”, where great ideas are not yet fundable by traditional sources of capital which typically require traction and oftentimes existing revenue and growth.

Where?

We are a globally distributed company, leveraging remote work to tap into global talent and foster collaboration between teams in the Global North and the Global South. We are a diverse team of professionals from a large spectrum of backgrounds across Europe, India and Africa.

We believe that talent is evenly distributed across the world, and so should opportunities. ​At Satgana, we strive to solve wicked problems and we have the opportunity to do so through the flexibility that the Venture Studio model allows. Guided by the SDGs, we see the challenges the world is facing and aim to create start-ups to solve these gaps by inspiring entrepreneurs around the world to build market-based solutions. 

If you’re interested in building an impact-driven startup with Satgana, apply here or, send us your pitch deck to jointhejourney@satgana.com. We are on a mission to build and invest in climate-positive start-ups.

Categories
Climate Tech

Climate Tech

GREEN-SHOPPING MAINSTREAM

Written by Deepak Subramanian – Digilah (Thought Leadership)

As COP26 comes to an end, there is an even bigger emphasis on sustainability within the business sector and we can expect more brand owners to jump on the ESG and sustainability bandwagon. At the same time, there is growing consciousness with consumers about climate change. All of us slowly begin to understand that the choices we make can have a lasting impact on the health of the planet. We are all increasingly being flooded with green offerings of some sort or the other. And more will come!!!! Consumers are indicating that they need help in solving some of the pain-points around shopping for green products.

They say “Don’t…

  • make me change my daily habits and make it inconvenient for me to use green products”
  • make it so hard for me to find green products”
  • make it so expensive for me to use green products”
  • make it so hard for me to identify which products are really green and which are not”
  • make it so technical that I don’t understand my impact when I make a green choice”

I believe that online shopping can be a big force to trigger the green shopping movement. There are many aspects of e-com that can address these pain-points in the moment of the shopping act

  • High quality first party data can help identify current and potential green shoppers.
  • Live streaming can help mobilize key local influencers to make green shopping trendy
  • Green labelling can help to better signal to shoppers which products are truly green.
  • Product pages can help educate on the performance and benefits of green products (vs regular offerings)
  • Gamification tools like coins can help measure the impact of a green cart vs a regular cart
  • The pricing algorithms can drive better repertoire purchase with cross-sell and upsell actions
  • The high reach of these platforms can drive scale economies to bring down green product costs.
  • The efficient fulfilment networks of these platforms will allow for brand owners to also avoid the fixed costs related to running a targeted go-to-market system

It’s no surprise that a big retailer like Amazon looks to address these friction points with the launch of the Amazon Climate Pledge.

Two major developments are needed to make online shopping for green products truly impactful.

  • Retailers will also need to play their part in designing and implementing more circular delivery systems which promote reuse and recycling of packing material (including options with less / better / no plastic). It does not help to deliver green products to the consumer homes with lot of virgin plastic and cardboard.
  • Brand owners and retailers must leverage industry bodies to establish independent and science-based certification systems that become the common currency in the industry. We must avoid the fight for ‘my certification VS your certification’ as this will erode consumer trust.

As with most big transformations, this requires strong leadership from the top of the organization. It also needs a different kind of leadership from the past. We need a mindset that prioritizes partnerships across the value-chain (suppliers, manufacturers, and retailers) with the common intention of solving the consumer friction points and to make shopping for sustainable products truly simple and easy.