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Those include a deal with state power agency Utah Associated Municipal Power Systems to build 12 of its 50-megawatt modules by 2030 to deliver power across the Intermountain West as part of UAMPS’ Carbon Free Power Project. NuScale says it has also signed agreements with entities in the U.S.,
Although the proposed ‘all-source’ procurement would allow existing natural gas-fired peaker plants to compete, it could also open a massive new market for renewable energy, energy storage, demand response and other preferred alternatives to fossil fuels. Fitch wrote in Thursday’s proposed decision. gigawatts by 2023.
The US Clean Investment Monitor published its annual report for 2023, which saw clean investment total $239bn, up 38% from 2022. Energy & industry. Weaker residential construction activity cooled the HVAC sector, and heat pump sales bore the brunt at a 16% decline compared to 2022. Happy Monday! Manufacturing.
The Energy Crunch of Tech Giants and Why Hydrogen Could Hold the Key The tech worlds relentless growth has fueled both innovation and a race for energy. But meeting these energy needs isnt as simple as flipping a switch, especially with the electric grid showing signs of strain.
Next-generation nuclear technologies will divert resources away from cheaper options that can more quickly contribute to energy security and climate goals, argues Andrew Warren There was precious little in this month's Budget of direct interest to BusinessGreen readers. Instead, sizes range from 3MW to about 500MW.
Since the IRA passed, 265 clean energy and manufacturing projects worth $100B+ have been announced. 🔋 Renewables + storage turned out to be price competitive against fossil fuels after Lazard’s Levelized Cost of Electricity analysis included intermittency costs for the first time. Got other major headlines we missed?
In deals, $550m for sustainable data centers, $500m for electric vertical take-off and landing services, and $471m for EV manufacturing platforms. In other news, climate change-fueled Hurricane Helene’s devastation; climate onstage at the US VP debate; and the US’ plans to restart decommissioned nuclear sites.
Big Tech is going nuclear, with big news in small modular reactors. We’re diving into Amazon’s new deal with X-energy, where it’s paying prime for next decade delivery. Amazon will also lead the $500m C-1 round of X-energy, which is developing High Temperature Gas-cooled Reactors (HTGR) SMRs.
In deals, $90m for animal-free dairy, $50m for fusion, and $30m for resi solar and storage. 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. Want more deals?
Deals of the Week (10/8-10/15) Venture Fundings 🔋 Skeleton Technologies , a Tallinn, Estonia-based graphene-based supercapacitor and battery energy storage developer, raised $113M in Corporate funding from Siemens Financial Services and Marubeni. 💼 Find or share roles on our job board here.
February 2021 Cleantech Roundup: Climate Software Gold Rush | Lone Star State Struggles | Jobs and the Energy Transition Credit: Poole Group This month, we’re covering the rush of investing into startups that quantify, manage, and verify carbon emissions reductions, Texas’ grid troubles, new research on transitioning fossil fuel workers, and more!
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