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The Gist
The Gist is the monthly newsletter of The Ad Hoc Group that covers everything at the intersection of climate tech and policy. Subscribe at the link here to have The Gist mailed to your inbox each month.
The Ad Hoc Gist: Is Winter Coming for Climate Tech?
Without some meaningful financial exits soon, I’m worried we’re heading for a climate tech winter. The planet can’t afford that.
I wrote a three-part series for Latitude Media with my friend Michael Sachse on the current climate tech landscape and what investors and startup founders should do about it. Part one is about the impending climate tech liquidity crisis, and part two is about what the industry can learn from biotech.
The final installment, out today, is our advice for climate tech founders. We’ve distilled it for this month’s Gist below. But we encourage you to read the full series here.
Blog
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People as Moat – Ad Hoc Expands into Search
In climate tech, we talk a lot about, well, technology. But talk with most CEOs and they’ll share that the hardest part of their job is figuring out how to hire and retain the right people. In my experience, a company’s ability to hire and effectively onboard the right people is what differentiates successful businesses from those that falter. Because, as a CEO, you can have a great vision, but if you don’t have the right people, you can’t execute it.
Press
Supporting the Next Wave of Climate Tech Startups
A wave of extreme weather this year has left Jim Kapsis questioning whether utilities are prepared for more frequent, intense weather events in the future. There's a growing group of startups that are more than ready to provide solutions, but they've struggled to break into the space. They need help figuring out a business model that works in the unique market that is the utility industry.
Jim's response? A new company called the Ad Hoc Group, founded in 2016 with the goal of helping those newcomers succeed.
Climate Disasters are Revealing a Blind Spot
Where Angelo Campus grew up in northern California, evacuations and power outages caused by wildfires were routine. At college, he worked in a lab developing small solar-powered electric grids for places hit by natural disasters or high fire-risk areas to reduce the odds of an errant spark from a conventional transmission line. After graduation, he founded a startup called BoxPower to commercialize the technology, setting up his first system in Puerto Rico after Hurricane Maria in 2017.
Anti-China Fervor Casts a Dark Cloud Over Solar and U.S. Climate Goals
In Congress, there is sudden bipartisan momentum to reinstitute tariffs on Chinese components. The U.S. solar industry is alarmed.
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Podcast
Hear more from our leadership on My Climate Journey and Technopolis.