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? 2023’s Most Headliney-Headlines #178

Climate Tech VC

Look forward to 2024 predictions from many of your favorite clairvoyant climate voices. Meta-Headlines of 2023 As our beloved industry matures, our hope for when climate tech grows up is for it to “become boring.” Since the IRA passed, 265 clean energy and manufacturing projects worth $100B+ have been announced.

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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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? Old nuclear, new-clear #161

Climate Tech VC

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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? FOAK takes flight #182

Climate Tech VC

This week brings two great examples with LanzaJet’s new SAF facility in Georgia and H2 Green Steel’s plant in Sweden, both layering different kinds of capital, each derisking the next to build their first commercial facilities.  LanzaJet managed to build a $264m plant using similar scaffolding.