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? Alterra’s $30B bridge for climate financing #176

Climate Tech VC

In deals, major funding includes $116M for hydrogen-powered aviation, $44M for sustainability software, and $75M in project finance investment for SAFs. In new funds, energy transition infrastructure is bringing in the big bucks with Brookfield's record-breaking $28B infra fund and Antin's $1.2B sustainable infra fund.

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The Lead-Acid Battery’s Demise Has Been Greatly Exaggerated

R-Squared Energy

A key point they made in the email was that lead-acid batteries are 99% recyclable, while lithium-ion batteries are recycled at a rate below 5%. However, when I look at the trajectory, I see lithium-ion batteries steadily declining in price, while the price of lead-acid batteries is relatively stagnant. They agreed. Several things.

Lithium 60
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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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? Africa’s inaugural climate summit #165

Climate Tech VC

An historic climate summit in Nairobi last week underscored the need for drastic changes in climate finance and clean energy development. The summit also sought to highlight Africa as a destination for climate investments, rather than viewing the continent as predominantly a victim of droughts, famines, and floods. Happy Monday!