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and Canada, three major nuclear markets, all signaled growing support for SMRs in the closing weeks of 2020. Canada, for example, launched a 27-point SMR national action plan to demo and deploy the technology, update regulations, create employment and exploit foreign market opportunities. Meanwhile in the U.K., and the U.K.
The world needs to expand global nuclearpower generation to help curb global carbon emissions. We simply can’t have major nuclear incidents such as those that took place at Chernobyl, Ukraine and Fukushima, Japan. In the history of nuclearpower, there have been few serious incidents.
💨 Air Company , a Brooklyn, NY-based CO2 utilization developer, raised $69m in Series B funding from Avfuel, Alaska Airlines, Carbon Direct Capital, Connecticut Innovations, Lowercarbon Capital, and other investors. Can’t get enough deals?
See full listings and deal analytics on Sightline Climate Request a Sightline Climate demo In the News The EU passed a watered down nature restoration law. Zacuna Ventures, a San Francisco, CA-based investment firm, announced a $56m debut fund that focuses on investments in construction tech companies.
Just last week, the UK Government laid out its plan to quadruple nuclearpower by 2050 and China approved construction for four new reactors. Price fueling innovation Prices are projected to keep rising , creating opportunities for (old and new) mine operators and reactor developers to play. Can’t get enough deals?
☢️ US nuclearpower saw mixed results. ⚡ Powerside , an Alameda , California-based innovativepower quality solutions developer, raised an undisclosed amount of Growth funding from Energy Growth Momentum. Key market supply and demand indicators ended the year down.
⚡ Amperesand , a Singapore City, Singapore-based solid-state transformer developer, raised $12m in Seed funding from Material Impact, Xora Innovation, Foothill Ventures, and TDK Ventures. See full listings and deal analytics on Sightline Climate Request a Sightline Climate demo In the News British banks take climate action.
Early-Stage ⚡ Blue Energy , a New York City, NY-based modular nuclearpower plants developer, raised $45m in Series A funding from At One Ventures, Engine Ventures, Angular Ventures, Nucleation Capital, Propeller Ventures, and other investors. Can’t get enough deals?
Startup Amogy converts ammonia to hydrogen onboard fuel cell-powered vehicles. Of course, beyond ammonia innovation, the world will still need fertilizer. 🌬 Aerones , a Riga, Latvia-based robotics for wind turbine maintenance service provider, raised €4.4m ($4.8m) in Grant funding from the EU’s Innovation Fund.
🌾 AgroSpheres , a Charlottesville, VA-based bio-based crop protection platform, raised an additional $12m in Series B funding from Zebra Impact, Bidra Innovation Ventures, Cavallo Ventures, FMC Ventures, Lewis & Clark AgriFood, and other investors. Can’t get enough deals?
Award winners took a broad swath of color approaches, from green hydrogen powering heavy-duty trucks and port operations, to pink nuclear-powered hydrogen, and blue hydrogen (natural gas with carbon capture) in the Appalachian Hub.
Request a Sightline Climate demo In the News BP has canceled one of the UK’s largest green hydrogen projects , a significant blow to the country’s low-carbon hydrogen industry. Exits 🏠 ASA Controls , a Hamilton, OH-based turnkey system controls provider, was acquired by Ameresco. Have a great week ahead!
💨 Carbyon , an Eindhoven, Netherlands-based direct air capture developer, raised $17m in Series A funding from Brabantse Ontwikkelings Maatschappij, Global Cleantech Capital, Innovation Industries, Invest-NL, and Siemens Financial Services. Can’t get enough deals?
In the US , a 2023 Pew Research Center survey shows 57% of Americans favor nuclearpower, a 14% increase over 2020. Italy installed its National Platform for Sustainable NuclearPower in September. In a rare show of bipartisan support, 50% of democrats and 67% of republicans want more reactors.
Early-Stage ⚡ Reverion , a Munich, Germany-based biogas power plants developer, raised $62m in Series A funding from Energy Impact Partners, Doral Energy-Tech Ventures, European Innovation Council, Extantia, Green Generation Fund and UVC Partners. Asset managers are going nuclear for a fusion of returns.
Nuclearpower can play a significant role in the long-term, as it’s a top priority for industry and the US government, but it won’t solve short-term supply constraints. ” - Caroline Golin , Global Head of Market Development & Innovation, Google 💥 So what? Can’t get enough deals?
See full listings and deal analytics on Sightline Climate Request a Sightline Climate demo In the News In EPA news, Republican lawmakers want to repeal the EPA’s methane fee , which helps curb emissions from O&G operations by capturing gas from leaks via MRV technologies, supporting compliance with international standards.
New Funds Marunouchi Innovation Partners , a Tokyo, Japan-based investment firm, closed $744m for its Marunouchi Climate Tech Growth Fund, which focuses on investing in climate technology and decarbonization solutions in Asia. Big (atomic) apple: New York released its plan for advanced nuclear energy.
Request a Sightline Climate demo In the News In US political news, Trump has begun to announce his picks to lead agencies. In the US, the Nuclear Regulatory Commission (NRC) also proposed a new licensing framework for advanced nuclear technologies like small modular and microreactors. Can’t get enough deals?
In fact, lower regulatory hurdles and a focus on innovation in energy could help projects get built faster. For the nuclear sector, deregulation could make projects faster and cheaper, addressing its greatest weaknesses. Can’t get enough deals? See full listings and deal analytics on Sightline Climate.
🏠 Cambridge GaN Devices , a Cambridge, England-based energy-efficient advanced power devices developer, raised $32m in Series C funding from BGF, British Patient Capital, Cambridge Innovation Capital, Foresight Group, IQ Capital, and other investors. New nuclear-powered boxship is making waves.
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