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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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? 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! Not a subscriber yet? Philanthropy.

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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. The project is slated for completion in 2024. + SLA + BIECHER ARCHITECTES Images via SLA. Read the original: Old Paris railway site will transform into a carbon-neutral ecosystem neighborhood.