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A new "green steel" venture in Sweden has been launched with bold plans to start production as early as 2024. Strategic investors already secured include the EU-backed incubator and investor EIT InnoEnergy. One component of the green steel business case is access to Sweden’s ample renewable energy resources. billion ($3.04
Bihar Partners with Bidgely to Reduce Energy Theft and Revenue Leakage Through AI-Powered Data Analytics Combination of AI and smart meter data accurately detects tariff misuse, direct theft, meter tampering and other non-technical loss LOS ALTOS, Calif.,
Greentown Houston’s 2024 Climatetech Summit was an immersive deep dive into the region’s groundbreaking climatetech startups, areas of strength and opportunities for growth in its energy-transition leadership, the landscape of corporate and financing partners, and more. This is the place for promising solutions.”
Earnings season is here, and we read through the energy majors’ earnings report calls from last week so you don’t have to — and learned about the progress, and direction, of the energy transition. All of the energy majors referenced large projects in LNG and strong demand for the fuel. Happy Monday!
On the heels of a key funding announcement from National Grid Partners (NGP) , Yusuf Latief looks into the company’s project portfolio in this edition of Smart Energy’sPower Playbook. NGP’s investments in Q1 2024 saw $17 million in investments spread across three accounts. Let’s start with the latest.
Look forward to 2024 predictions from many of your favorite clairvoyant climate voices. Since the IRA passed, 265 clean energy and manufacturing projects worth $100B+ have been announced. Proterra, the dominant electric bus maker, was just one high profile example. 👻 Spooky season for clean energy stocks.
This week in cleantech and renewable energy news, Greentown Labs and its’ hometown are celebrated as a potential future hub of innovation while two of our member companies are highlighted for their social impact. energy storage market. BostInno – The State of Clean Energy Innovation in Boston. The industry contributes $11.4
In addition to the creation of large public parks, the neighborhood will include carbon-neutral architecture and renewable energy systems. The project is slated for completion in 2024. + SLA + BIECHER ARCHITECTES Images via SLA. Read the original: Old Paris railway site will transform into a carbon-neutral ecosystem neighborhood.
We’re diving into Amazon’s new deal with X-energy, where it’s paying prime for next decade delivery. In other news, the courts say that the EPA can regulate power plant emissions (for now), global EV sales drive ahead, and Brazil introduces new regulation for CCS as the sector grows. What happened?
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.
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. The US will impose a 64.5% No short-term domestic alternative.
The US grid got its first new nuclear power in nearly seven years last week. In deals this week, $125M for biomaterials made from CO2, $33M for grid power storage optimization, and $26M for carbon-sequestering cement. Happy Monday! Meanwhile, the ice in Antarctica is way behind its typical seasonal growth this year.
In deals, $75m for batteries, $58m for mushroom-based food alternatives, and $50m for AI enabled satellite monitoring. H2 was awarded $272m from the European Commission’s Innovation Fund while LanzaJet received $14m from the US Department of Energy. Thanks for reading! Not a subscriber yet? Philanthropy.
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. Full transcript here.)
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