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? US clean investment cleans up with $239bn #187

Climate Tech VC

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.

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? Ammonia goes from fertilizer to fuel #180

Climate Tech VC

  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.

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🌏 Big moment for small nuclear #219

Climate Tech VC

  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.

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? 2023’s Most Headliney-Headlines #178

Climate Tech VC

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. Come on in, the water’s warm!

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? Copper’s the new gold rush #184

Climate Tech VC

  KoBold Metals discovered a major copper deposit, which could be the start to solving growing supply and demand imbalances brought on by copper’s fundamental role in the energy transition.  Demand The most critical of energy transition minerals.   Big enough to matter.   Demand is on the rise.

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? H2 hubba, hubba #170

Climate Tech VC

This week, we’ve continued to be reminded of the horror of continued loss, and the import and cost of defending one’s home. 🏠 myenergi , a Market Rasen, UK-based eco-smart home management platform, raised $37M in Growth funding from Energy Impact Partners. Terrorism is wrong. 

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🌍 CarbonCapture seeks greener (energy) pastures #213

Climate Tech VC

  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. Plus, the US powers ahead with $7bn for rural electrification. It’s also about the infrastructure.