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Several floors below the firm’s balcony, power lines crisscross over piles of garbage, a fleet of rickshaws and cow patties on a rooftop, being dried for cooking fuel. “I don’t think you can just deploy solar and solve everything,” he said. Demand for flexible, clean power spurs startup activity.
ConnectDER, a startup with a smart meter socket device that’s been deployed in the thousands by select U.S. utilities to support distributed solar, has closed a $7 million series B round round to help roll out a new version of its system targeting behind-the-meterbatteries and plug-in electric cars.
energy storage industry capped off its biggest year of installations with its largest single quarter in Q4. energy storage installation topped 522.7 megawatt-hours in the fourth quarter, according to the newly released Energy Storage Monitor , produced by Wood Mackenzie and the Energy Storage Association.
GreenCom Networks, the Internet-of-things platform provider that’s become a go-to for major European utilities to control solar panels, batteries, electric vehicle chargers and smart home energy loads, has landed another funding round with two new strategic investors that could open new markets. million customers.
Exceedingly few batteries actually live up to the vision of “storing clean power for when the sun isn’t shining.” This year, finally, big renewables projects with batteries attached closed deals and even entered operations. It serves clean power at night cheaper than incumbent fossil fuels.
Converting a fleet from fossil-fueled to electric is a lot more complicated than simply buying new vehicles. The electric cars, trucks and buses need carefully scheduled charging to ensure they have sufficient fuel for their duties. Cleantech Incubator. Shao quickly raised $3.8 Grid-savvy approach to EV fleets.
EDF Renewables has acquired PowerFlex Systems , a California startup with technology to manage one of the biggest challenges for scaling up electric vehicle charging: controlling the loads that lots of EVs charging at once can place on the power infrastructure of the sites hosting the chargers. European acquisition spree.
Aquacycl, Kitu Systems, and Nuvve Complete Southern California Energy Innovation Network (SCEIN) Program. SAN DIEGO, CA, October 25, 2021 – Cleantech San Diego today announced the graduation of local clean energy companies Aquacycl , Kitu Systems , and Nuvve from its Southern California Energy Innovation Network (SCEIN).
Our energy grid was built around centralization. But as renewable energy sources such as solar and wind gain traction, the grid needs to adapt to include an array of components. Microgrids are smaller networks that use local energy sources. Photo courtesy of Heila Technologies.
You’ll also learn about key technology areas that are driving momentum to equitably tackle the climate crisis, and explore the plentiful opportunities for everyone to be a part of the energy transition that’s already unfolding. Northeast Clean Energy Council President Peter Rothstein. Massachusetts Clean Energy Center.
The UK-India collaborative initiative Innovating for Transport and Energy Systems (ITES) has announced its first intake of 20 cohorts to drive transport decarbonisation through diverse cleantech innovations. The company has developed proprietary algorithms that optimise energy consumption, improving efficiency and productivity.
Meanwhile, the zone attracts other high-tech enterprises to settle in, forming a comprehensive base of efficient technology incubation, integration of production and research, headquarters platform and advanced manufacturing workshop. Innover Gas Meters. Scientific Research Strength. Smart Manufacturing. Innover Quality Products.
Digitalisation is still a novel concept to many industries as well as some areas of the energy sector. Unlike many, however, there is an aspiration to transition away from its legacy large infrastructure to a whole new era of plug-and-play, cutting edge incubation of new business models. Adoption, however, is often slow and disjointed.
Next-generation battery recycling. GreenLIB , which is transforming battery waste into profitable, closed-loop solutions within the global lithium-ion battery market. Community-scale wind turbines. Carbon accounting for the trucking industry.
Heating and cooling buildings accounts for about a third of the final energy consumption globally and 30% of energy-related CO 2 emissions. Celsius Energy aims to contribute to solving this energy dilemma by providing shallow geothermal heating and cooling systems, thus reducing the carbon footprint of buildings.
Since the IRA passed, 265 clean energy and manufacturing projects worth $100B+ have been announced. conditional commitment to Ford’s battery manufacturing program. Proterra, the dominant electric bus maker, was just one high profile example. 👻 Spooky season for clean energy stocks. Send us a note !
Strategic investors already secured include the EU-backed incubator and investor EIT InnoEnergy. The ambition is similar to that of Swedish greenfield battery manufacturer Northvolt. The battery maker has developed a full-scale greenfield manufacturing business in less than five years of operations. billion ($3.04
🚗 Vertical: Funding to Transport, Energy, and Food—the “Big Three” verticals—each dropped by ~50% compared to the prior year. Variations by vertical The overall funding drop owes largely to the “Big Three”: Transportation, Energy, and Food & Land Use. TPG Rise Climate.
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. Happy Monday! Thanks for reading! Not a subscriber yet?
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’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?
In other news, Hertz shifts gears on its EV strategy, Kerry steps down from his climate envoy post, and AI helps discover promising new battery materials. In deals, $90m for animal-free dairy, $50m for fusion, and $30m for resi solar and storage. Want more deals?
Giddy up — we’re going carbon cowboy this week with a deep dive into CarbonCapture’s decision to suspend its planned DAC facility, Project Bison, amid competition for clean energy from data centers. In deals, $542m across three new funds, plus $87m for lithium ion cells, and $82m for battery components.
Now, it is where key stakeholders are concentrating efforts to expand their work on the “Energy Internet,” or the deep integration of energy and information technology, which was identified as a strategic focus area in China’s 13 th Five-Year Plan. Credit: New Energy Nexus). Despite the ongoing U.S.-China
Campaigners maintain the move could improve health, boost economic activity, and lead to lower energy demand and carbon emissions. European governments continued to ramp up their clean energy plans in response to the Kremlin's threat to EU energy supplies, with the Dutch government announcing it is to double its 2030 wind offshore targets.
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! Philanthropy.
Google, the largest corporate non-utility buyer of renewable energy in the world, is well positioned to lead the way. Words on a page can’t capture the energy and charisma she emanated. It’s part of the success story of solar, which Kirsch pointed out employs more people than Google, Apple, and Facebook combined.
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.
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