Predict your next investment

Public-Private Partnership
islandinstitute.org

See what CB Insights has to offer

Investments

1

Partners & Customers

1

About Island Institute

The Island Institute works to sustain Maine's island and coastal communities, and exchanges ideas and experiences to further the sustainability of communities here and elsewhere.

Island Institute Headquarter Location

386 Main St PO Box 648

Rockland, Maine, 04841,

United States

207-594-9209

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Latest Island Institute News

Island Institute to help Maine’s island communities address energy challenges

Nov 24, 2020

POWERGRID International Bar Harbor, Maine The Island Institute announced that week that it will be awarded $330,000 over three years by the National Renewable Energy Laboratory (NREL) to work alongside Maine’s island communities to help address their energy and infrastructure challenges. The Institute is one of five organizations in the United States awarded a contract for the Energy Transitions Initiative Partnership Project (ETIPP), a new partnership sponsored by the U.S. Department of Energy (DOE). The project provides resources and access to on-the-ground support for remote and islanded communities in the U.S. seeking to transform their energy systems and lower their vulnerability to energy disruptions. Residents of Maine’s island communities face electricity rates as high as four times the national average and heating fuel costs that are a dollar more per gallon than their mainland counterparts due to aging infrastructure, seasonal fluctuations in demand and lack of efficiencies of scale, said the Institute. For more than a decade, the Island Institute has been working with year-round island communities in Maine, and beyond, to increase access to cleaner, more reliable and more cost-effective energy sources. As a result, investments in energy efficiency and renewable energy projects are helping to increase community resilience to equipment failures, transportation disruptions and fluctuations in energy markets, but additional need remains. Nearly all remote and islanded communities in the U.S. today share one thing: They are pursuing holistic, long-term strategies to shore up their vulnerability to major shifts in the environment, economy and society. However, more resources than what is available are needed. Island Institute aims to bridge that gap by providing technical assistance and on-the-ground support for communities seeking to research and implement new clean energy initiatives. Building on the Islanded Grid Resource Center (IGRC), a previous collaboration between the Island Institute, NREL, New England island communities and partner organizations from Alaska and Hawaii, the Institute will connect Maine islands with the tools and resources provided by NREL. Since 2007, the Institute has supported island communities in making investments in local infrastructure, developing model programs that have been replicated across the Maine coast and beyond and by informing policy to better address the clean energy needs of islands. For eight years, the Institute hosted the annual Island Energy Conference, a venue to highlight Maine island community leadership with a national audience and connect with peers and technical experts.

Island Institute Investments

1 Investments

Island Institute has made 1 investments. Their latest investment was in Atlantic Sea Farms as part of their Series A on September 9, 2017.

CBI Logo

Island Institute Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

9/28/2017

Series A

Atlantic Sea Farms

$0.5M

Yes

CEI Ventures, Maine Venture Fund, and Undisclosed Angel Investors

1

Date

9/28/2017

Round

Series A

Company

Atlantic Sea Farms

Amount

$0.5M

New?

Yes

Co-Investors

CEI Ventures, Maine Venture Fund, and Undisclosed Angel Investors

Sources

1

Island Institute Partners & Customers

1 Partners and customers

Island Institute has 1 strategic partners and customers. Island Institute recently partnered with U.S. Department of Energy on November 11, 2020.

Date

Type

Business Partner

Country

News Snippet

Sources

11/18/2020

Sponsor

U.S. Department of Energy

United States

Island Institute joins Dept. of Energy-led effort to bridge gaps in island energy resilience - Island Institute

Building on the Islanded Grid Resource Center , a previous collaboration between the Island Institute , National Renewable Energy Laboratory , New England island communities , and partner organizations from Alaska and Hawaii , the Institute will support Maine islands by connecting them with the tools and resources provided by National Renewable Energy Laboratory .

1

Date

11/18/2020

Type

Sponsor

Business Partner

U.S. Department of Energy

Country

United States

News Snippet

Island Institute joins Dept. of Energy-led effort to bridge gaps in island energy resilience - Island Institute

Building on the Islanded Grid Resource Center , a previous collaboration between the Island Institute , National Renewable Energy Laboratory , New England island communities , and partner organizations from Alaska and Hawaii , the Institute will support Maine islands by connecting them with the tools and resources provided by National Renewable Energy Laboratory .

Sources

1

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.