EQ Magazine - Dec'16 EQ Magazine - Dec'16 | Page 55

FEATURED
BOARD OF DIRECTORS STATEMENTS

FEATURED

BOARD OF DIRECTORS STATEMENTS

“ Too often we let what we think we know limit what is possible. When it comes to energy, people say you cannot make money, meet demand, and also benefit the environment. But we can, and we will. This effort will combine technological innovation and scientific knowledge with the investment expertise needed to transform energy markets. Together, we’ ll remind the world that visionary ideas make wonderful realities.”
Perkins Caufield and Byers“ BEV is taking the bold step to support companies in a complicated market with tremendous promise for changing the world while being a strong investment. Successful investing in any market requires patience for failure and identifying the best tools for addressing the idiosyncrasies of that market. The investors leading BEV will back some of the most innovative companies.”
Jack Ma, Executive Chairman, Alibaba Group
“ BEV is a fresh, bold initiative to invest in energy breakthroughs. It is building a global network of the best scientists, innovators, investors, and business leaders. BEV’ s mission is to find, fund, and accelerate the success of technologies and entrepreneurs who will create our zero carbon future.”
John Doerr, Chairman, Kleiner Perkins Caufield and Byers
Vinod Khosla, Founder, Khosla Ventures
“ The dearth of venture funding for clean energy technologies threatens to create a valley of death for the industry, with emerging ideas unable to find the necessary capital to reach commercialization. As an investor led effort, Breakthrough Energy Ventures is designed as a source of patient capital to spur innovation to meet the growing demand for low-cost, clean energy solutions.”
John Arnold, Co-Chair, Laura and John Arnold Foundation
“ Energy is one of the critical drivers for economic growth. Several parts of the developing economies still do not have access to affordable and reliable energy. It is an immediate need to find and provide new energy sources that are affordable, clean and reliable for every person on our planet. Breakthrough Energy Ventures will help build the companies that can solve and deploy new energy solutions everywhere.”
“ We need to create new companies to push the boundaries of innovation. The businesses that Breakthrough Energy Ventures will fund and grow are going to develop the disruptive technology to help satisfy the world’ s energy needs while also limiting the impact on our environment.”
Mukesh Ambani, Chairman, Reliance Industries Ltd.
Hasso Plattner, Co-Founder, SAP SE
About The Breakthrough Energy Coalition
The Breakthrough Energy Coalition( BEC) is an influential group of investors and institutions that is committed to investing in technology that can help solve the urgent energy and climate challenges facing the planet. The BEC was launched alongside Mission Innovation, a global initiative of 22 countries and the European Union to accelerate the pace of clean energy innovations through smart government spending that increases the rate of innovation in their domestic sectors.
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