Climatetech finance

Climatetech finance

5 cleantech startups that didn't survive to see 2024

Bird, Hyperloop One, Sunfolding and other VC-funded companies went belly up or bankrupt late last year. Here are key takeaways and lessons learned.

By Eric Wesoff . 5 January 2024
Climatetech finance

First Solar cashes in with sale of IRA tax credits worth up to $700M

The Ohio-based solar giant says it's the first major deal to use new tax-credit transfer provisions, which help firms maximize the value of clean energy subsidies.

By Eric Wesoff . 3 January 2024
Podcast

Financing first-of-a-kind climate assets

Before any novel technology can make it big, its very first project needs to be finished — and financed.

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By Shayle Kann . 46 min . 21 December 2023
Wind

After a brutal 2023, offshore wind looks to overcome growing pains

Offshore wind is a key piece of the U.S. energy transition, but the emerging industry has been clobbered by financial challenges. Now, it’s trying to move forward.

By Maria Gallucci . 21 December 2023
Climatetech finance

After 2023's wild ride, climate venture capital poised for strong 2024

This year, cleantech startups tightened their spending and focused on revenue, but the latter months presaged a new year with plenty of fundraising.

By Julian Spector . 21 December 2023
Climatetech finance

UK’s Octopus Energy raises $800M to expand global clean energy push

The clean power provider is now worth nearly $8 billion and has plans to ramp up heat-pump manufacturing and move into overseas markets.

By Julian Spector . 19 December 2023
Electric vehicles

EV school bus rollout off to slow start despite billion-dollar subsidies

Some U.S. school districts face a learning curve in ditching their dirty diesel buses — even with big federal subsidies. But the challenges are solvable.

By Jeff St. John . 19 December 2023
Clean energy manufacturing

Clean energy factories, thermal storage get boost from new tax credits

The IRS just released rules on incentives for clean energy manufacturers that make stuff in the U.S. Long-duration storage and thermal batteries could benefit the most.

By Julian Spector . 15 December 2023
EV charging

Will universally compatible EV chargers ever be a reality in the US?

A fragmented business landscape is to blame for many of the problems that plague EV charging. Government-backed standards could change that — if the industry obliges.

By Jeff St. John . 13 December 2023
Solar

Innovative solar tracker startup Sunfolding has folded

Sources say the 11-year-old startup is winding down after struggling to gain a foothold in the multibillion-dollar solar tracker market.

By Eric Wesoff . 8 December 2023