EnergyX is a a technology company currently active in the energy management and conservation space. Founded by Alex Corneglio and Nishaant Sangaavi in 2016, EnergyX is backed by investors that include Creative Destruction Lab, MaRS Investment Accelerator Fund, Verstra Ventures, Impact Investment Group, and Globalive Capital and is headquartered in Toronto.
Wednesday, 10 February 2021 President Biden has announced his clean energy plan for the next four years. His plan includes upgrading 4 million buildings and weatherizing 2 million homes over the next four years. The goal is to retrofit the homes and buildings to help them become more energy-efficient. The good news is that there are technologies that consumers can use to help them understand and take advantage of these new retrofit programs.
“Clean energy and energy conservation should be something that we all want and strive for; it must be a priority,” explains Nishaant Sangaavi, the co-founder and chief executive officer of EnergyX Solutions. “While the government is going to be taking action to improve energy efficiency, these policies impact real homes and homeowners and empowering them is an instrumental part of the process.”
iPolitics By iPolitics. Published on Jan 27, 2021 12:38pm (Pexel photo)
The Lead
The results of a climate change poll developed by Oxford University and the United Nations Development Programme (UNDP) were released today. The survey was distributed on phone game applications like Angry Birds, which expanded its demographic reach by allowing for more younger people to submit responses. In total, more than 1.2 million people from 50 countries participated, making it largest survey ever conducted on climate change, according to the Globe and Mail.
The survey found that close to 70 per cent of people under 18 believe climate change is a global emergency versus 58 per cent of those over 60.
EnergyX Solutions, an artificial intelligence (AI) powered software as a service (SaaS) company, announced its aim to help provide cost-effective retrofit programs for the Biden Administration s Build Back Better plan to help achieve its goals toward energy efficiency while providing one million jobs.
During his presidential campaign, now-President Joe Biden announced the Build Back Better plan, an initiative that aims to upgrade four million homes and weatherize another two million, creating more energy efficiency to sustain the environment. The plan includes investments in several industries, including infrastructure, building, housing, innovation, the power sector and more. The payment for the plan will come from stimulus and increases in the corporate tax rate, the Biden campaign indicated when the plan was announced.