Long-duration energy storage
Long-duration storage gets big boost with $325M from DOE
The department selected nine proposals with the goal of accelerating the adoption of emerging technologies, which could be key to cleaning up the grid.
Climatetech finance
Batteries
Is graphene a cleantech supermaterial? This startup thinks so
Lyten recently raised $200M to scale up production of batteries made with graphene, a material that’s light, strong, conductive — and elusive.
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Nuclear
Nuclear startup Oklo looks to rebound with backing from Sam Altman
The microreactor pioneer has a SPAC deal, signed customers and potential sources for its specialized fuel. Now it needs an OK from regulators.
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Clean industry
Boston Metal gets big funding boost to make green steel
Steel is a heavily polluting, hard-to-decarbonize and vital industry. The startup’s $262 million in Series C funding will help it tackle that problem.
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Air travel
‘E-fuels’ are catching on as a way to decarbonize air travel
Massachusetts-based Lydian is the latest startup to raise funds to produce power-to-liquids fuels, which could emit less CO2 overall than fossil jet fuel.
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Clean energy manufacturing
DOE offers $15.5 billion to retool existing auto plants for EVs
The Biden administration announced the funding amid auto workers’ concerns that shifting to electric cars could cut jobs from traditional manufacturing hubs. -
Long-duration energy storage
Eos wins $400M DOE loan guarantee to build longer-lasting batteries
Long-duration energy storage is a tough business, but it's vital to decarbonizing the grid. Eos thinks its zinc-based batteries are the best candidate for the job. -
Recycling renewables
Redwood Materials lands $1B to boost its battery recycling efforts
The startup founded by Tesla alum JB Straubel wants to spend $7 billion on recycling to supply a U.S. battery industry now dependent on China. -
Energy efficiency
Redaptive lands $125M to expand no-money-down building efficiency
“Energy-as-a-service” providers like Redaptive take on the upfront cost of building energy upgrades — and use sensors and data to prove the work pays off over time.
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Climatetech finance
New tax-credit transfer rules could unlock $1T in cleantech investment
Today’s tax equity markets can’t handle the IRA’s flood of clean energy tax credits. A provision in the law could fix that, but only if corporate buyers step up.
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Clean energy manufacturing
The US climate law is fueling a factory frenzy. Here’s the latest tally
In just 12 short months, Biden's Inflation Reduction Act has spurred more than 100 new cleantech manufacturing announcements and nearly $80B in private investment.
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