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ARENA and Shell Energy to demonstrate commercial flexibility in Australia

Smart Energy International

Shell Energy’s ‘Commercialising Smart Energy Hubs’ project will recruit at least 40 commercial and industrial (C&I) customer sites to demonstrate flexible demand capacity. On behalf of the Australian Government, the Australian Renewable Energy Agency (ARENA) announced AUS$9.1 million ($5.7 million ($19.7 million) in total.

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? The nuts and bolts of grid tech

Climate Tech VC

Request a demo for Sightline Climate, or reach out directly to sales@sightlineclimate.com to learn more. 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. Want to go further?

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? $32bn and 30% drop as market hits pause in 2023

Climate Tech VC

🚗 Vertical: Transportation and Energy investment declined, but remained on top. The market is still warm, but cooling. Jury is out on whether investment will keep cooling or heat back up. Redwood Materials received a $2bn loan from the US Department of Energy in Feb 2023. 2 to to no.1.

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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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? 2023’s Most Headliney-Headlines #178

Climate Tech VC

Since the IRA passed, 265 clean energy and manufacturing projects worth $100B+ have been announced. 🔋 Renewables + storage turned out to be price competitive against fossil fuels after Lazard’s Levelized Cost of Electricity analysis included intermittency costs for the first time. Got other major headlines we missed?

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AMPLY Power offers EV fleets guaranteed uptime and zero charging challenges

Charged

AMPLY Power says its charging as a service model provides 99.9% During previous tech revolutions, third-party contractors emerged to provide turnkey services to companies for things like data centers and solar installations. uptime, critical to scaling EV deployments. I also tell the story of data centers.

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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.