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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. seed round to revolutionize flexible food packaging with nanotechnology.

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? Methane monitoring goes stratospheric #185

Climate Tech VC

Responsible for nearly a third of global warming and a quarter of global energy, methane matters. Recent regulations have driven investment in space, air, and ground-based monitoring, reporting, and verification (MRV) technologies. In January, Longpath secured a $189m conditional US Department of Energy loan guarantee.

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Cars instead of cables: V2G’s potential to enhance a flexible energy system

Smart Energy International

Although the electrification of road transportation represents a significant challenge to our energy systems, adding pressure on power grids at the national and local levels, V2G provides immense potential as a source of flexibility to support the energy system of tomorrow, explains Francesco Nobili of Charles River Associate (CRA) Energy.

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WoodMac: V-Shaped Recovery for Distributed Energy Resources in 2021

GreenTechMedia

This has in turn severely curbed growth trajectories for distributed energy resources (DERs) in the near term. Solar, storage, microgrids, residential EV charging outlets and other DERs have all been impacted, and the recession is expected to further weigh on growth in 2020. Where COVID-19 is creating pockets of opportunity for DERs.

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Will New York City’s largest buildings meet emissions reduction limits by 2024?

Renewable Energy World

Contributed by Saverio Grosso, Edison Energy. Under the Act, passed in 2019, most buildings over 25,000 square feet—roughly 50,000 residential and commercial properties across the city—must meet new energy efficiency and greenhouse gas emissions (GHG) reductions by 2024, and stricter limits in 2030. Last month, the U.S.

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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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SSEN advances 12 low carbon tech projects worth £41mn

Smart Energy International

Scottish and Southern Electricity Networks (SSEN) Distribution has reached an important stage in delivering 12 low carbon tech projects, worth a total £41 million ($49 million), across the north of Scotland and central southern England, aiding a green recovery. SSEN’s 12 green recovery projects include: A £2.7 million ($3.2