Sustainability Magazine August 2019 | Page 25

for the circular economy . In partnership with the Arizona State University , the City launched the RISN Incubator to work with early stage ventures with a focus on waste diversion and improvements in processing or utilisation of waste as a raw material for new products or energy . As of 1 May 2019 , 13 new businesses have generated $ 4.75M in revenue , raised $ 3.44M in capital , created 57 jobs , launched 13 products , filed 3 patents , and provided 43 internships . “ We ’ re

“ We ’ re looking at options like virtual power purchase agreements and ways you can actually build and contract to get energy from a solar plant that ’ s equivalent to , or less than , current pricing ”

— Mark Hartman , CSO , City of Phoenix
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