Climatetech finance

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
Energy storage

Cheap clean energy could unleash the power of thermal storage

A growing crop of startups plans to use heat and rocks to tackle some of the hardest decarbonization problems, from chemical production to long-term grid storage.

By Eric Wesoff . 29 February 2024
Energy equity

Free-solo climber Alex Honnold has another mission: Energy equity

The renowned climber translates his passion for heights into high-impact solar projects, powering change one community at a time.

By Maria Virginia Olano . 27 February 2024
Guides and how-tos

Inside my quest for a climate-friendly bank

When I learned that my bank might be investing my money in fossil fuels, I went looking for an alternative. Here's how you can too.

By Pearl Marvell . 21 February 2024
Geothermal

Sage Geosystems raises $17M for geothermal energy storage

The Texas startup is building a commercial system that acts like an earthen battery. The idea is to store energy from wind and solar resources to help balance the grid.

By Maria Gallucci . 15 February 2024
Hydrogen

The $245M bid to pull clean hydrogen straight from the earth

Demand for carbon-free hydrogen is rising. Startup Koloma aims to extract the gas from underground geologic deposits — and it just raised a ton of venture funding.

By Eric Wesoff . 14 February 2024
Climatetech finance

Swell Energy acquires Renu to help build virtual power plants

The startup aims to combine privately owned batteries into grid resources. Renu, a regional battery installer, will help Swell access new markets.

By Eric Wesoff . 7 February 2024