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PG&E’s Latest Energy Storage Procurement Includes Fleet of Behind-the-Meter Batteries

GreenTechMedia

Pacific Gas & Electric is asking state regulators to approve another massive round of energy storage procurements, including its first large-scale contract for behind-the-meter batteries to serve grid needs. gigawatt-hours, of energy storage projects. The 15-year agreement calls for Nexus Renewables U.S.,

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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. 💨 Private equity and O&G bet big on climate tech’s next frontiers: DAC and lithium. Blackrock injected $550M into Oxy’s DAC plant and ExxonMobil unveiled its first-ever lithium mining operation.

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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.

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? Ammonia goes from fertilizer to fuel #180

Climate Tech VC

  Ship Orders  Yara Eyde, a joint venture between Yara Clean Ammonia and North Sea Container Line, aims to be the  world’s first clean ammonia-powered container ship. Saudi Arabian ACWA Power outlined a $4bn green hydrogen and ammonia facility in Egypt that could produce up to 600,000 tons of green ammonia per year.

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Duke Energy Will Play ‘Pivotal Role’ in North Carolina Clean Energy Debate, CEO Says

GreenTechMedia

Duke Energy’s third-quarter earnings report on Thursday revealed success in managing the effects of the coronavirus pandemic on its multistate utility operations. Historically, energy policy in North Carolina has moved in a bipartisan way," she said. Duke’s long-range plans and looming home-state political decisions.