PPL Corp. is expanding its efforts to advance clean energy technologies by joining Energy Impact Partners’ global investment platform, which brings together companies and entrepreneurs worldwide to foster innovation toward a sustainable energy future.
PPL said it has committed to invest up to $50 million across EIP's investment platform to help accelerate the shift to a low-carbon future and drive commercial-scale solutions needed to deliver deep, economy-wide decarbonization. Collaboration with EIP will provide PPL greater visibility into emerging technologies that can be leveraged to advance the clean energy transition.
“Investing in research and development is a key component of PPL’s clean energy strategy,” said Vincent Sorgi, president and CEO of PPL. “We recognize that it will take new systems and technologies to achieve net-zero emissions while preserving energy reliability and affordability, and we look forward to partnering with EIP to fuel this inno
