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

Climate Tech VC

  Lots of spice for clean investment this week. The US Clean Investment Monitor published its annual report for 2023, which saw clean investment total $239bn, up 38% from 2022. 14% of total investment came from the feds, with $33.7B 14% of total investment came from the feds, with $33.7B Happy Monday! 

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OhmConnect combines with Google’s Nest Renew to form virtual power plant firm

Smart Energy International

Renew Home was backed by a $100M investment from majority owner Sidewalk Infrastructure Partners (SIP). As a leading manufacturer of HVAC and Water Heating products, Rheem uniquely brings both potential for energy savings and energy storage, to which water heaters play a critical role.” ” Have you read? .

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Mercedes battery pack plant in Alabama will shorten supply chain, reduce emissions

Charged

The Stuttgart-based automaker has invested a cool billion bucks in Bammy to convert production lines to its EVA2 platform and build the battery assembly plant. The automaker says the Bibb County site’s entire electricity needs will be met through renewable energy sources from 2024 onwards, once planned solar energy projects gain approval.

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Think Smartgrids highlights urgency to speed up demand side flexibility in France

Smart Energy International

The main challenge, however, is the investment required, indicating an urgent need to consider financing options and remuneration for flexibility. The association also states that the focus initially should be on mature and proven solutions, such as space and water heating and HVAC.

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Avista AMI Data & Bidgely’s DER Analytics as a Use-Case Generator: How The Utility’s Data-Driven Culture Is Keeping It Future-Ready

Bidgely

It was a strategic investment designed to enable us to learn more about charging behaviors and have the potential to control usage. To hear more from Andrew Barrington about the Avista AMI data-driven approach, watch our on-demand webinar Seize the Data: Optimizing Grid and Customer Programs in 2024.

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Greentown Startups’ Biggest Accomplishments of 2023

Greentown Labs

Ambient Fuels , a developer of green hydrogen projects, received an investment from Generate Capital and an agreement from the company to fund up to $250M of green-hydrogen infrastructure. SmartAC.com raised a $22M Series B to ramp up sales of its HVAC-monitoring system.

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How 10 key energy efficiency actions could save industry $437bn – report

Smart Energy International

gigatons of savings between 2024 and 2030. Combining AI with a digital BMS can cut HVAC emissions by as much as 40% and reduce energy costs by 25%. This could deliver between 593 and 901 MtCO2 emissions savings a year. Taking a mid-point estimate, this could create almost 3.5