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Greentown Labs Member Milestones — April 2024 

Greentown Labs

Funding American Battery Technology Company —a startup with technologies for lithium-ion battery recycling, battery-metal extraction, and primary mineral resource development—was awarded $60M in tax credits to accelerate the construction of its next-generation battery recycling facility. tax credit allocation from the U.S.

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Greentown Startups’ Biggest Accomplishments of 2023

Greentown Labs

Greentown Labs’ 200+ startups are developing, deploying, and commercializing climatetech solutions to decarbonize the key greenhouse-gas-emitting sectors—agriculture, buildings, electricity, manufacturing, and transportation—and build resilient communities. Fervo Energy and Google’s next-generation, 3.5-MW

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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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? Climate highs and lows #167

Climate Tech VC

Drought conditions are causing saltwater to creep into the drinking water of communities along the Mississippi River, and the DOE puts $325M toward long-duration energy storage projects. Corporate carbon footprint tracking collects $27M, and forestry and battery interests intersect to invest $18M toward bio-graphite for lithium-ion cells.

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Interview – Celsius Energy and decarbonizing buildings using shallow geothermal systems

ThinkGeoEnergy

Heating and cooling buildings accounts for about a third of the final energy consumption globally and 30% of energy-related CO 2 emissions. Celsius Energy aims to contribute to solving this energy dilemma by providing shallow geothermal heating and cooling systems, thus reducing the carbon footprint of buildings.

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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!

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Norwegian startup uses solid hydrogen for solar energy storage breakthrough

Hydrogen Fuel News

Photoncycle claims it can store solar power from summer to winter cheaper than batteries. Photoncycle, a startup from Norway, is tackling interseason storage of solar energy, which could save the abundance of solar energy generated in sunny months to be used for heat and electricity in the winter.