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Greentown Labs Member Milestones — May 2024 

Greentown Labs

Funding Active Surfaces , a Go Build 2023 participant and ACCEL Year 1 alum that’s commercializing ultra-thin-film solar technology, raised a $5.6M CalWave Power Technologies , which is working to harness carbon-free power from ocean waves, was chosen by the U.S. Department of Energy. agreement with Tugliq Énergie Co.

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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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Chevy Silverado EV turns into a mobile generator with GM’s new home energy bundle

The Verge: Energy

Image: GM General Motors’ initial new home energy products are now available to purchase, including the equipment necessary to turn your GM-made electric vehicle into a mobile power generator for your home. Right now, GM only has one electric vehicle that’s capable of bidirectional charging: the 2024 Chevy Silverado EV RST.

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New crystal battery boasts triple energy density

Smart Energy International

Global lithium-sulphur cathode technology manufacturer Theion has launched its crystal battery for all mobile applications. The new battery boasts triple energy density and 90% less production energy requirements. Sulphur is 99% cheaper to source and is used in existing state-of-the-art lithium-ion batteries.

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WoodMac: Global Energy Storage Installations to Hit 15GW by 2024

GreenTechMedia

The global energy storage market quadrupled last year to 4 gigawatts of new installations and will surge to a 15-gigawatt annual market in 2024, even as system price declines slow down, according to Wood Mackenzie. where developers are increasingly pairing large-scale solar arrays with batteries.

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Smart Energy Finances: Decarbonisation purchasing moves up the ESG agenda

Smart Energy International

This week’s edition of Smart Energy Finances sees a new study from BDEW and CapGemini detail how sustainable transformation and decarbonisation purchasing are more important than ever for Austrian and German utility Environmental, Social, and Governance (ESG) goals. ESG for utilities: decarbonisation on the up. Microgrid debt financing.

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Can Gas-Fired Power Plants Coexist with a Net-Zero Target? Yes, Southern Company Insists

GreenTechMedia

utility can reach net-zero carbon emissions by 2050 while still keeping natural gas as a central part of its business, both to generate electricity and to sell to its customers. utility has yet fully fleshed out how it intends to eliminate natural gas power plants from its generation portfolio. To be sure, no U.S.