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Climate tech investment falls 40% amid economic uncertainty

Envirotec Magazine

Climate tech investments from venture-capital and private equity fell 40% in 2023 as economic uncertainty and geopolitical conflict dent investor confidence, according to PwC’s 2023 State of Climate Tech report, published on 17 October. While that pattern is still true, there is an encouraging shift in the right direction.

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Fresh delays for major battery storage project in Northumberland

Envirotec Magazine

A 30MW Battery Energy Storage System (BESS) has been dealt a further setback by Northern Powergrid (NPG) in being able to connect to the grid. The site at West Sleekburn received planning in October 2022 but subsequently had its planned connection date delayed until October 2036. The delay represents a major setback.”

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A billion-dollar solar investment is coming to Texas

Inhabitat - Innovation

Chem-Energy has announced a planned investment of $1 billion in a solar and battery plant. Development will take place in Central Texas starting spring 2022. The petroleum products giant is among the many firms in the industry seeking to diversify as the world phases out fossil fuels.

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LG Energy Solution to Invest KRW 1.7 Trillion in Its First Cylindrical Battery Plant in U.S.

altenergymag

-New LG Energy Solution factory for cylindrical batteries to be built with KRW 1.7 trillion investment -Construction to begin in the second quarter of 2022, with mass production to start in 2024 with production capacity of 11GWh

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Greentown Go Make 2022 Startups and Corporate Partners Announce Investments, Pilot Projects, and More

Greentown Labs

Over the past six months, the Greentown Go Make 2022 cohort of five climatetech startups has been working closely with Mitsubishi Corporation (Americas) (“MCA”) and the M-Lab Companies to accelerate partnerships to deploy and commercialize supply-chain-decarbonization solutions.

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Webinar: Fully charge your investment in battery energy storage systems

altenergymag

Maximising opportunities from developing and investing in battery energy storage systems (BESS) is the subject of a free webinar on Tuesday 5 April 2022 (10am to 11am).

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American Battery Solutions to supply battery packs to electric bus manufacturer NFI Group

Charged

American Battery Solutions (ABS) has signed a multi-year contract with bus manufacturer NFI Group to supply custom battery packs for NFI subsidiary New Flyer ’s newest 35-, 40- and 60-foot battery-electric transit buses. Source: American Battery Solutions

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