Climatetech finance
Arcadia raises $125M more to cap huge growth year in solar and software
The Washington, D.C.–based startup raised a total of $325M in 2022 and says it's now on a path to "near-term profitability.”
Julian Spector is senior reporter at Canary Media, where he reports on the rise of clean energy. He worked at Greentech Media for nearly five years. Before that he reported for CityLab at The Atlantic and conducted grant-funded freelance journalism on climate impacts in Bangladesh. His stories have also appeared in The Guardian, HuffPost, Al Jazeera America and more. He graduated from Duke University and now basks in the sunshine of Los Angeles.
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Batteries
Element Energy raises $28M for grid storage powered by used EV batteries
The startup's granular charging controls can get more energy out of second-life batteries while also detecting and preventing failures that could start fires.
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Carbon capture
Carbon capture for New York high-rise apartments is a real thing now
As New York City works to reduce building-related carbon emissions, one 30-story apartment tower is proving you can trap and sequester carbon from gas boiler exhaust.
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Just transition
To get tax credits, clean-energy firms must soon meet labor standards
In January, new wage and apprenticeship criteria will kick in for companies seeking popular federal tax incentives for renewable energy projects.
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Nuclear
A small nuclear reactor with off-the-shelf parts: Can it work?
The unusually nimble nuclear startup Last Energy relies on proven technology to steer clear of the pitfalls that have stymied its competitors, incumbents and newcomers alike.
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Fun stuff
Holiday conversation starters for clean-energy nerds
Get your family chattering about protests that could spur clean-energy progress (ones that don't involve throwing food at famous artworks).
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Geothermal
Dandelion Energy raises $70M to take geothermal heat pumps mainstream
The Google spinout installs ground-source heat pumps for households in the frigid Northeast. Now it’s got federal tax credits and energy inflation to help it make the pitch.
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Energy storage
Long-duration storage firm Energy Vault pivots to short-term batteries
The startup pulled in millions for its novel gravity-based storage design, but most of its deal flow these days comes from garden-variety lithium-ion batteries.
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Long-duration energy storage
Long-duration energy storage to get $350M boost from Dept. of Energy
Some say it's the key to unlocking a decarbonized grid. Will a new pot of federal funding be enough to push long-duration storage into the mainstream?
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Fossil fuels
Gas plants without the emissions? This startup says it's cracked the code
North Carolina–based NET Power uses a novel combustion cycle that captures its own emissions. Now it's building a 300MW plant in Texas to prove it works at scale.
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