Jeff Bezos climate fund gives millions to energy efficiency start-up BlocPower [CNBC]
Salesforce, Inc. (CRM)
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Source: CNBC
BlocPower is working with large and small communities across the U.S. to decarbonize buildings, including its hometown of New York City and Ithaca, New York, which recently began a 100% decarbonization plan. BlocPower estimates that buildings across the country waste as much as $100 billion on fossil fuel consumption annually. The Bezos Earth Fund announced new donations of $443 million to a wide range of climate and environmental groups this week, including a $5.5 million grant to BlocPower, an energy efficiency technology start-up focused on building construction and retrofits in urban areas. BlocPower, which is a CNBC Disruptor 50 company, has completed 1,000 green energy projects to date in the New York City area. It plans to use the Bezos grant to add 125 million buildings and additional cities to its BlocMaps software database, which identifies buildings in need of energy efficiency upgrades and helps building owners learn how to electrify and decarbonize properties. This
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