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SEF Weekly: $369bn US clean energy package and energy interconnection

Smart Energy International

In this edition of Smart Energy Finance (SEF) Weekly, the US Senate is set to pass a new clean energy bill that boasts $369 billion into clean energy and energy security. 369 billion into US energy security and clean energy programmes. 369 billion into US energy security and clean energy programmes.

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Here’s how pumped hydro works as an energy storage resource

Renewable Energy World

Batteries get hyped, but pumped hydro provides the vast majority of long-term energy storage essential for renewable power. is going to need a lot more solar and wind power generation, and lots of cheap energy storage. To rely more on wind and solar power, the U.S. To rely more on wind and solar power, the U.S.

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Meet Our Newest Startup Members

Greentown Labs

Nearly 30 startups joined our community in the final quarter of 2020, working on innovations as diverse as zinc-ion batteries, long-range weather forecasts, wave energy conversion, and replacements for petrochemical plastics. ELECTRICITY. This energy storage solution is low-cost, flexible, and long-duration.

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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! 

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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. Allume Energy , Transcend ). Forest Frizzell, CEO of Shifted Energy. Allison Wolff, CEO of Vibrant Planet.

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? The bits and bytes of grid tech

Climate Tech VC

For a 2050 net-zero future, we’ll need an electricity grid large enough that its untangled cables would be long enough to stretch all the way to the sun. To get there, the grid requires constant attention to balance the flow of electrons. In the US, for example, the Department of Energy (DOE) announced $3.5B

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Greencoat snaps up 36MW Andershaw wind farm from Statkraft for £120m

Business Green

Statkraft has sold the 36MW Andershaw wind farm in South Lanarkshire to wind power specialist Greencoat UK Wind plc for £120m, with the European renewables major planning to use all of the proceeds from the sale to fund further renewables projects, it announced today.