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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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EPRI, Shell, the City of Houston, Greentown Labs, and NYU Urban Future Lab Announce Startup Participants for the Low-Carbon Hydrogen Accelerator

Greentown Labs

This six-month, highly structured accelerator program offers startup participants collaboration and engagement opportunities with EPRI, its member utilities, and Shell on technology validation, feasibility studies, paid pilot demonstrations, and other development and commercial partnerships. Somerville, Mass.

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Angeles Link – a proposed hydrogen hub for California’s LA Basin

Smart Energy International

The initiative, the largest to date in the US, is envisaged as delivering more renewable energies into the region and supporting decarbonisation of the power sector, industry, heavy-duty transport and other hard to electrify sectors of the local economy, a statement reads. Have you read?

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Monta scores €30m backing to take EV charging management platform global

Business Green

Denmark-based firm plans to use funds raised to expand business in UK, Europe and North America. Monta claims its EV platform is designed to "power the EV ecosystem" by supporting drivers, companies, cities and the electricity grid with an integrated software solution to support the transition to electric mobility.

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Charged and umlaut partner on EV charging infrastructure testing

Charged

Next year’s work will expand beyond California to include more regions of North America. Managing Director Hakan Ekmen explained to Charged that the company regularly releases “technology road maps” in various industries, including energy, telecommunications, automotive and aviation.

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Climate Tech Entrepreneurs React to the Inflation Reduction Act

Elemental Excelerator

In addition to celebrating the bill’s clean energy cost-cutting measures and job-creating potential, we are providing a few additional considerations and themes that are relevant to our portfolio and systems change work. airports can accommodate electrified aviation. Allume Energy , Transcend ). CarbonCure ). Nth Cycle ).

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? Toasting tax credit guidelines #179

Climate Tech VC

  In deals,   $2.2bn in electric cars, $800m for Octopus’ expansion, and $34m for EVs in India. Verdagy , Electric Hydrogen ).  Industry incumbents like utilities, nuclear, hydro, and oil and gas with legacy energy production along with regions with little access to solar and wind may also be left in the cold.