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Greentown Go Energize 2022 Startups and Corporates Advance Low-carbon Hydrogen Solutions

Greentown Labs

With the announcement of the Department of Energy’s Regional Clean Hydrogen Hubs program, new tax credit opportunities under the Inflation Reduction Act, and global investment tailwinds, low-carbon hydrogen is on a trajectory to potentially become a significant component of a low-carbon future.

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Interview – Celsius Energy and decarbonizing buildings using shallow geothermal systems

ThinkGeoEnergy

Heating and cooling buildings accounts for about a third of the final energy consumption globally and 30% of energy-related CO 2 emissions. Celsius Energy aims to contribute to solving this energy dilemma by providing shallow geothermal heating and cooling systems, thus reducing the carbon footprint of buildings.

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? Macro market freeze chills climate tech: Venture funding down 40% in H1 2023

Climate Tech VC

Investors spent a lot of money in 2021 and 2022. Growth investors already picked their horses: Investors made their biggest bets in 2021 and 2022. 🚗 Vertical: Funding to Transport, Energy, and Food—the “Big Three” verticals—each dropped by ~50% compared to the prior year.

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? Ammonia goes from fertilizer to fuel #180

Climate Tech VC

  In deals, $90m for animal-free dairy, $50m for fusion, and $30m for resi solar and storage.    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. Clean hydrogen carrying capacity.

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? FOAK takes flight #182

Climate Tech VC

  In deals, $75m for batteries, $58m for mushroom-based food alternatives, and $50m for AI enabled satellite monitoring. H2 was awarded $272m from the European Commission’s Innovation Fund while LanzaJet received $14m from the US Department of Energy.    Thanks for reading! Not a subscriber yet? Philanthropy.

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Global Briefing: German coalition deal places climate action at heart of government's agenda

Business Green

New German coalition agrees to accelerate coal power phase out. The coalition agreement promises to deliver a significant strengthening of Germany's decarbonisation plans, including plans to pull the country's coal power phase out date forward from 2038 to 2030 and a goal to use two per cent of German territory for wind power.