Climatetech finance

Marine transport

America's first hydrogen-powered ferry is set to sail

Switch Maritime aims to start operations early next year in San Francisco. It just raised $10M to help take zero-emissions ferries nationwide.

By Maria Gallucci . 16 November 2023
Electric vehicles

Bankrupt EV bus-maker Proterra finds buyers for its business units

The oldest U.S. electric bus manufacturer filed for bankruptcy protection in August. Can Proterra's businesses survive and thrive under new ownership?

By Jeff St. John . 14 November 2023
Energy storage

Will this startup finally crack the code on flow battery tech?

Germany's CMBlu just pulled in a 100-million-euro investment, is ramping up manufacturing and has contracts with major utilities. Can it succeed where others have failed?

By Julian Spector . 13 November 2023
Climatetech finance

Chart: Clean energy attracting nearly twice as much investment as fossils

But for the world to meet its climate goals, the money needs to stop flowing to fossil fuels — and flow even faster into clean energy.

By Dan McCarthy . 10 November 2023
Nuclear

Future of small reactors at stake as NuScale deal flops

The startup’s most promising project has been canceled. It was supposed to build the first next-gen reactor in the U.S. — and usher in a new era for nuclear.

By Eric Wesoff . 9 November 2023
Carbon capture

America’s first commercial direct air capture plant just got going

The startup Heirloom says it’s capturing CO2 from the sky and locking away the planet-warming gas, making it the first and only commercial U.S. plant to do so.

By Maria Gallucci . 9 November 2023
Electric vehicles

BP buys $100M of Tesla chargers as oil majors prep for a post-gas future

It's the first-ever sale of Tesla charging equipment to an outside company. But will EV drivers really want to charge up in dreary gas-station parking lots?

By Gabriela Aoun Angueira . 6 November 2023
Wind

The US offshore wind industry faces a moment of reckoning

East Coast offshore wind projects are being canceled or forced to rebid amid skyrocketing costs. States have a tough choice: pay more now or bear the costs of delay.

By Jeff St. John . 2 November 2023
Clean energy jobs

How many jobs is the Inflation Reduction Act spurring? A lot

A new analysis finds 400,000-plus jobs will be created from the 210 EV, battery and clean energy projects launched since the climate law passed.

By Jeff St. John . 1 November 2023
Transmission

Three big transmission projects win $1.3B in DOE loans

The Department of Energy is boosting transmission lines in New England and the Intermountain West — a small step in solving a big barrier to clean energy.

By Jeff St. John . 30 October 2023