Climatetech finance

Climatetech finance

US climate law introduces billion-dollar ‘game-changer’ for nonprofits

Direct payments to cities, tribes, nonprofits and other entities that don't pay taxes could dramatically expand clean energy growth and boost community ownership.

By Jeff St. John . 15 August 2023
Carbon capture

US announces first winners in $3.5B carbon removal program

Two direct air capture facilities along the U.S. Gulf Coast will receive federal funding to try to pull millions of metric tons of CO2 from the sky.

By Maria Gallucci . 11 August 2023
Solar

Bright raises $32M to speed up rooftop solar installation in Mexico

The startup has helped install solar for 4,700 customers since its 2015 founding. Now, it hopes to build on that — and expand to commercial customers.

By Eric Wesoff . 8 August 2023
Clean energy

Charts: US clean energy developers are hyped about post-IRA prospects

A new survey suggests that in spite of some lingering headwinds, most big-money players in the renewables space are bullish on the market and ready to invest.

By Eric Wesoff . 28 July 2023
EV charging

More money for EV charging software — ev.energy raises $33M

EV charging can either help or hinder the world's clean-grid goals. That makes software that manages charging a hot target for climate investors.

By Jeff St. John . 27 July 2023
Long-duration energy storage

Grid storage innovator Energy Dome closes $60M funding round

The Italian long-duration storage startup is racing to build commercial projects after proving out its CO2-based storage technology for a major Italian utility.

By Julian Spector . 20 July 2023
Climatetech finance

Chart: What’s the state of climatetech startup funding in 2023?

VC investment in climatetech startups is down big in the first half of the year. But more startups are raising money than last year as investors prioritize smaller deals.

By Dan McCarthy . 30 June 2023
Batteries

DOE offers record-breaking $9.2B loan to build EV batteries in the US

The conditional loan to Ford–SK On joint venture BlueOval will back another massive investment in the rapidly expanding Battery Belt taking shape in the Southeast.

By Jeff St. John . 22 June 2023
Carbon capture

Inside Charm Industrial’s multimillion-dollar bid to remove CO2 with plants

The high-flying startup claims to have locked away more carbon than any other venture by turning plant waste into crude-like oil and injecting it underground.

By Maria Gallucci . 19 June 2023
Clean energy manufacturing

Battery maker wins $850M DOE loan to build first US factory

Kore Power will use the conditional loan to try to open a gigafactory in Arizona by 2025. The move comes as battery manufacturing surges in the U.S.

By Jeff St. John . 9 June 2023