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Greentown Labs Member Milestones — October 2022

Greentown Labs

Form Energy raised a $450M Series E for its cost-effective, multi-day energy-storage systems. American Battery Technology Company was awarded a $57M Department of Energy grant to build a $115M, first-of-kind commercial-scale facility to manufacture battery-grade lithium hydroxide from Nevada-based sedimentary resources.

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OXIS Energy and Mercedes to build Li-S plant in Brazil

Charged

OXIS Energy and the Minas Gerais Development Company have signed a 15-year lease agreement with Mercedes Benz Brazil (MBB) to take possession of a plant located at the MBB manufacturing site in Juiz de Fora in southeast Brazil, to produce lithium-sulfur battery cells. ” Source: OXIS Energy. ” Source: OXIS Energy.

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10 notable battery storage projects that went live in 2021

Renewable Energy World

Concept drawing of an energy storage system. In its most recent Electricity Monthly Update , the U.S. Energy Information Administration said that when it totals up the numbers for 2021, it expects they will show that battery storage capacity grew by 4.5 Source: FirmoGraphs Power Mart ; reproduced from Qlik Sense Enterprise.

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Carbon offsets alone won’t make flying climate-friendly

Grist

It’s packed with energy; per unit of weight, at least 60 times as much as the lithium-ion batteries used to propel electric cars. percent of total warming in 2011 on aviation alone — which may sound small, but the number has been growing fast. It’s also terrible for the climate. The time of day is another X factor.

Carbon 95
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? 2023’s Most Headliney-Headlines #178

Climate Tech VC

Since the IRA passed, 265 clean energy and manufacturing projects worth $100B+ have been announced. 🏦 The Loans Program Office kept busy. 💨 Private equity and O&G bet big on climate tech’s next frontiers: DAC and lithium. Proterra, the dominant electric bus maker, was just one high profile example.

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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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December 2021 Cleantech Roundup: Year in Review

Clean Energy Trust

Also worth mentioning on the corporate front is the purchases and support for Sustainable Aviation Fuel from airlines, particularly United Airlines. Tangible research, development, and demonstration support for new energy technology was also included in the infrastructure bill.