Climatetech finance

Long-duration energy storage

Form Energy raises $405M for its 100-hour iron-air batteries

The long-duration energy storage startup has raised a total of $1.2 billion. Form is expanding its West Virginia factory and working on its first deployments now.

By Jeff St. John . 9 October 2024

Form's Weirton, West Virginia factory. (Form Energy)

Energy storage

This Kentucky coal mine could transform into pumped-hydro grid storage

With $81M from DOE, Rye Development aims to build the first pumped-hydro project on the site of a former mine to bolster the grid and revitalize the local economy.

By Julian Spector . 27 March 2024
Clean industry

Biden admin invests $6B to cut carbon from steel, cement — and snacks

The Energy Department’s historic new investment aims to decarbonize the dirty, energy-intensive sectors that underpin the modern global economy.

By Maria Gallucci . 25 March 2024
Geothermal

Geothermal is the hottest thing in clean energy. Here’s why

Advances in next-generation geothermal have policymakers and investors excited about the tech’s promise of “clean, firm” power — though many barriers remain.

By Maria Gallucci . 25 March 2024
Solar

A Boston grocery store is bringing community solar to a low-income area

An 81-kilowatt project on the roof of the Dorchester Food Co-Op will test a community ownership model. New federal climate policies could help make it scalable.

By Sarah Shemkus . 21 March 2024
Carbon capture

CarbonCapture wants to take carbon removal down the cost curve

The aptly named startup just raised $80 million in private funding to try to prove out its “swappable” CO2-absorbing machines.

By Maria Gallucci . 14 March 2024
Climatetech finance

How should climatetech startups prepare for 'the Great Deployment'?

Canary Media talks to Chante Harris about her most recent venture and why novel climatetech contenders need guidance to de-risk, win funding and survive the "valley of death."

By Julian Spector . 11 March 2024
Climatetech finance

Chart: US smashes record for climatetech investment in 2023

Huge amounts of money, both public and private, are flowing into the U.S. energy transition. But growth needs to accelerate for the country to get on track to meet climate goals.

By Dan McCarthy . 8 March 2024
EV charging

EVs will put more stress on California's grid. Smart charging can help

What's the best way to get millions of EV owners not to charge all at once or sign their cars up as grid backup batteries? A new program will test different approaches.

By Jeff St. John . 4 March 2024
Wind

Two major New York offshore wind projects are back on track

Offshore wind is critical to state — and national — climate goals. After a year of industry setbacks, two projects totaling 1.7 GW of capacity are moving forward.

By Maria Gallucci . 29 February 2024
Solar

Low-income communities will soon get $7 billion for local solar

Per a new analysis of 35 proposed state programs, the historic climate-law funding would benefit more than 700,000 low-income households. Here’s how.

By Alison F. Takemura . 29 February 2024