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Greentown Labs Member Milestones — May 2024 

Greentown Labs

CalWave Power Technologies , which is working to harness carbon-free power from ocean waves, was chosen by the U.S. Testing Expertise and Access to Marine Energy Research program as one of 11 projects to receive over $1.1M Department of Energy. to advance the prototype-validation stage of its xWave system.

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Greentown Labs Member Milestones — April 2024 

Greentown Labs

Funding American Battery Technology Company —a startup with technologies for lithium-ion battery recycling, battery-metal extraction, and primary mineral resource development—was awarded $60M in tax credits to accelerate the construction of its next-generation battery recycling facility. tax credit allocation from the U.S.

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Greentown Startups’ Biggest Accomplishments of 2023

Greentown Labs

Greentown Labs’ 200+ startups are developing, deploying, and commercializing climatetech solutions to decarbonize the key greenhouse-gas-emitting sectors—agriculture, buildings, electricity, manufacturing, and transportation—and build resilient communities. Fervo Energy and Google’s next-generation, 3.5-MW

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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. for grid enhancements and $7B for hydrogen fuel hubs. 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.

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? US clean investment cleans up with $239bn #187

Climate Tech VC

The US Clean Investment Monitor published its annual report for 2023, which saw clean investment total $239bn, up 38% from 2022. Energy & industry. Weaker residential construction activity cooled the HVAC sector, and heat pump sales bore the brunt at a 16% decline compared to 2022.  Happy Monday!  Manufacturing.

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? Spooky season for clean energy stocks #171

Climate Tech VC

More than 20 leading investors, corporates, and governments already use the platform including the US Department of Energy, BHP, and Galvanize Climate.   In deals, $91M for a vertically-integrated European heat pump platform, $50M for direct lithium extraction, and Volta Trucks goes bankrupt.  Plus, the US funds $3.5B

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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.