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? CTVC’s guide to NYCW #163

Climate Tech VC

In the news this week, $7T for fossil fuel subsidies, the summer brings more tropical storms, and Equinor opens the world’s largest floating wind farm… to power oil drilling. for Northvolt to build energy storage, $100M for direct lithium extraction, and $60M for heat batteries. Thanks for reading! Not a subscriber yet?

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NorthVolt’s Battle Plan to Win the Upcoming Battery-Wars

Mr. Sustainability

What is NorthVolt’s strategy to create a European battery power basis? NorthVolt recently raised an additional $600 million in equity – enabling its expansion of production and recycling capacities, as well as R&D activities to support the target of establishing 150 GWh of manufacturing capacity in Europe by 2030.