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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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? 2023’s Most Headliney-Headlines #178

Climate Tech VC

Look forward to 2024 predictions from many of your favorite clairvoyant climate voices. Since the IRA passed, 265 clean energy and manufacturing projects worth $100B+ have been announced. Proterra, the dominant electric bus maker, was just one high profile example. 👻 Spooky season for clean energy stocks.

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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. To minimize the development’s environmental footprint in the long run, the buildings will be optimized for wind and solar conditions. The project is slated for completion in 2024. +

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WEEKLY NEWSFLASH 10/22-10/26:  CLEANTECH RESOURCES AND GROWTH

Greentown Labs

This week in cleantech and renewable energy news, Greentown Labs and its’ hometown are celebrated as a potential future hub of innovation while two of our member companies are highlighted for their social impact. energy storage market. BostInno – The State of Clean Energy Innovation in Boston. The industry contributes $11.4

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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.  The last few months have brought a slew of major announcements signaling ammonia’s potential future as a low-carbon fuel.  Startup Amogy converts ammonia to hydrogen onboard fuel cell-powered vehicles.

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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

  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! Philanthropy.