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LCHA is part of the Greentown Go family of programs—Greentown’s climatetech partnerships accelerator—and is the 2022 program for the Go Energize track. Clean Power (Greater Manchester, United Kingdom) is developing a novel, low-cost, highly durable hydrogen polymer electrolyte membrane (PEM) fuel cell delivering zero-emission electricity.
Hydrogen can act as both a carrier for electricity and a fuel, meaning it can be used for a broad range of applications, including in hard-to-decarbonize sectors. Most importantly, hydrogen can dramatically reduce the carbon intensity of our energy systems when generated via low-carbon methods.
Heating and cooling buildings accounts for about a third of the final energy consumption globally and 30% of energy-related CO 2 emissions. For these reasons, the building heating and cooling sector is one that urgently needs to be decarbonized. Heating and cooling buildings is 80% of that energy used.
Investors spent a lot of money in 2021 and 2022. Growth investors already picked their horses: Investors made their biggest bets in 2021 and 2022. 🚗 Vertical: Funding to Transport, Energy, and Food—the “Big Three” verticals—each dropped by ~50% compared to the prior year.
Ship Orders Yara Eyde, a joint venture between Yara Clean Ammonia and North Sea Container Line, aims to be the world’s first clean ammonia-powered container ship. Saudi Arabian ACWA Power outlined a $4bn green hydrogen and ammonia facility in Egypt that could produce up to 600,000 tons of green ammonia per year.
New German coalition agrees to accelerate coal power phase out. The coalition agreement promises to deliver a significant strengthening of Germany's decarbonisation plans, including plans to pull the country's coal power phase out date forward from 2038 to 2030 and a goal to use two per cent of German territory for wind power.
C-Motive: Disruptive ultra-high efficiency and high torque motors for e-mobility, industry, renewables generation and more. High potential impact on energy efficiency, reduced heat generation, lower maintenance, reduced weight and renewable generation efficiency. Realizing revenue and estimates >$1M in 2022. Contact Mike.
C-Motive: Disruptive ultra-high efficiency and high torque motors for e-mobility, industry, renewables generation and more. High potential impact on energy efficiency, reduced heat generation, lower maintenance, reduced weight and renewable generation efficiency. Realizing revenue and estimates >$1M in 2022. Contact Mike.
Annual Southern California Energy Innovation Network Showcase Event Being Held November 9. SCEIN is an incubator program for clean energy startups based in San Diego, Riverside, San Bernardino, and Imperial counties that are developing technologies to help California meet its clean energy goals.
We’ve just returned from Texas, where CERAWeek — the "Super Bowl of Energy" — brought together the biggest players in oil, gas, finance, and policy. In deals, $40m in specialty chemicals manufacturing, $28m in direct air carbon capture, and $28m in grid power storage.
In deals, $500m in renewable energy development, $30m in energy network, and $30m in solar development. Canada and Mexico dodged the baseline tariffs (for now) under USMCA, but still face separate 25% duties on steel and aluminum, and 10% duty on energy products. No short-term domestic alternative.
This week brings two great examples with LanzaJet’s new SAF facility in Georgia and H2 Green Steel’s plant in Sweden, both layering different kinds of capital, each derisking the next to build their first commercial facilities. LanzaJet managed to build a $264m plant using similar scaffolding.
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