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BNEF: Proterra Is A 2015 New Energy Pioneer

One of Bloomberg New Energy Finance’s ten 2015 New Energy Pioneers is Proterra, a zero-emissions battery electric bus company based in South Carolina.

Furthermore, at the Bloomberg New Energy Finance Summit in New York City, those in attendance dropped a vote for the top three winners they would invest in. Proterra came out on top.

proterra-terravolt-xr1

Given that the descriptor for potential prize winners is a “game-changing innovator who is revolutionizing the energy sector,” I’d say that Proterra was a pretty safe bet to receive the honor, considering the good year that it’s had and its leadership in the electric bus sector.

Amongst the other winners were entities in the energy storage, bio energy, solar, and wind energy industries, as well as others. As well as the award win, Al Gore even mentioned the company during his keynote speech at the summit — noting that he’s a partner in a firm investing in Proterra.

“We are honored to be named a New Energy Pioneer,” stated Ryan Popple, CEO of Proterra. “This is a significant time for our company as we scale production nationally to meet growing customer demand. To be recognized by Bloomberg for this effort helps underscore the momentum we are seeing for zero-emission mass transit.”


 

Michael Wilshire, Selection Committee Chair and Head of Analysis of Bloomberg New Energy Finance, stated: “This year, we were delighted to have a very strong set of candidates for the New Energy Pioneers program, drawn from a wide spectrum of sectors. We were struck by the amount of innovation that these organizations display and the impact that they are already having on the energy system of the future. We are again very grateful to our group of external judges who had the challenging task of narrowing this field down to a final set of 10 winners.”

Considering that the California Energy Commission recently awarded Proterra with a $3 million grant to fund the creation (design, development, + construction) of the company’s new zero-emissions battery-electric transit bus manufacturing plant; and that the company recently received its largest bus order to date (via returning customer Foothill Transit); and that it recently hit an important new milestone; and now it’s won a prestigious award; I’d say that the company seems to be on something of a roll (no pun intended).

Image Credit: Proterra

 

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Written By

James Ayre's background is predominantly in geopolitics and history, but he has an obsessive interest in pretty much everything. After an early life spent in the Imperial Free City of Dortmund, James followed the river Ruhr to Cofbuokheim, where he attended the University of Astnide. And where he also briefly considered entering the coal mining business. He currently writes for a living, on a broad variety of subjects, ranging from science, to politics, to military history, to renewable energy.

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