Jacqueline Novogratz Quotes


As both developed and developing nations search for alternative sources of energy in response to the growing energy crisis, we at Acumen Fund believe that investing in entrepreneurs who provide innovative energy solutions is an increasingly critical part of the solution.


Citations

Novogratz, Jacqueline. "Acumen Fund Invests in Renewable Energy." Acumen, 2009.

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Statement when Chile built the first large scale Solar Powered Electric Generating facility in one of its deserts. The cost of electricity was less than half of that of the then existing generation with carbon based fuels like oil or natural gas, It was a major breakthrough bacuase while solor power was always clean and infinte, it had been more expensive to generate than carbon based power sources. The consinuous improvement in the solar collecting techno;ogy, the large scale of the Chlean facility and the terrific desert location combined to not only make solor power less expsnsive, but much less expensive than fossil fuels.


Jacqueline Novogratz
Jacqueline Novogratz
  • Born:
  • Nationality: American
  • Profession: Businesswoman

Jacqueline Novogratz (born 1961) is an American entrepreneur and author. She is the founder and CEO of Acumen, a non-profit global venture capital fund whose goal is to use entrepreneurial approaches to address global poverty.