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New €2.5B Green Hydrogen Steel Venture Unveiled

GreenTechMedia

Strategic investors already secured include the EU-backed incubator and investor EIT InnoEnergy. The facility will use green hydrogen to process the iron into steel, leaning on existing expertise in the region. One component of the green steel business case is access to Sweden’s ample renewable energy resources.

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Greentown Boston’s 2023 Climatetech Summit Calls for Swift, Collaborative Deployment 

Greentown Labs

Carbon accounting for the trucking industry. The two discussed ways that the governor’s office can drive climatetech deployment—to decarbonize the state economy, create jobs and economic growth, and build climate resilience—and even how a basketball game can serve as a metaphor for collaborative climate action.

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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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? 2023’s Most Headliney-Headlines #178

Climate Tech VC

Meta-Headlines of 2023 As our beloved industry matures, our hope for when climate tech grows up is for it to “become boring.” Should we call 2023 the Year of IRA deployment? for grid enhancements and $7B for hydrogen fuel hubs. Proterra, the dominant electric bus maker, was just one high profile example.

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

Climate Tech VC

As venture capital funding falls across the startup landscape, the dollars flowing into climate tech companies dropped ~40% in the first half of 2023. Highlights 💰 H1’23 funding: Funding in the first six months of 2023 totaled $13.1B, down 40% from H1’22 and down 35% from H2’22.

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Global Briefing: US Senate backs plan to make daylight saving time permanent

Business Green

The US Senate on Tuesday passed legislation that would make daylight saving time permanent from 2023, in a move that is widely expected to reduce carbon emissions by delivering brighter afternoons across the country. Australian firm hails green hydrogen breakthrough. Senate approves emissions-saving plan to end changing of the clocks.

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? Ammonia goes from fertilizer to fuel #180

Climate Tech VC

Join us for a webinar Jan 25th on Sightline Climate’s 2023 investment trends, insights, and discussion. Korean shipbuilders have received preliminary orders for up to 15 very large ammonia carriers (VLACs), including from Maersk Tankers (for 4 ships), Naftomar (for 4 ships), and Samsung Heavy Industries (for 2 ships).