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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. billion) of investment planned. Strategic investors already secured include the EU-backed incubator and investor EIT InnoEnergy. billion ($3.04 The firm has raised more than €3 billion ($3.6

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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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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. billion, about 9 percent of the nation’s investment. 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.  Join us for a webinar Jan 25th on Sightline Climate’s 2023 investment trends, insights, and discussion. Startup Amogy converts ammonia to hydrogen onboard fuel cell-powered vehicles.   Want more deals?

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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. …and for those who missed it, Kim and Mark reviewed climate tech investments in 2023, check out the recording here.  tons of H2’s steel for 5-7 years, setting the stage for future investments.