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A look to the future with National Grid Partners’ $450m project portfolio

Smart Energy International

On the heels of a key funding announcement from National Grid Partners (NGP) , Yusuf Latief looks into the company’s project portfolio in this edition of Smart Energy’s Power Playbook. NGP’s investments in Q1 2024 saw $17 million in investments spread across three accounts. Let’s start with the latest.

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New €2.5B Green Hydrogen Steel Venture Unveiled

GreenTechMedia

A new "green steel" venture in Sweden has been launched with bold plans to start production as early as 2024. Strategic investors already secured include the EU-backed incubator and investor EIT InnoEnergy. One component of the green steel business case is access to Sweden’s ample renewable energy resources. billion ($3.04

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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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? 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.

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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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? 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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Old Paris railway site will transform into a carbon-neutral ecosystem neighborhood

AGreenLiving

In addition to the creation of large public parks, the neighborhood will include carbon-neutral architecture and renewable energy systems. In the transformation of the old post-industrial railway site, we have especially focused on the values and the qualities we want the new development to give back to the neighborhood.