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? Blackrock’s $550M DAC bet #174

Climate Tech VC

   📦 RAIKU Packaging , a Tallinn, Estonia-based 100% compostable packaging solutions developer, raised $6M in Seed funding from private investors and Grant funding from the European Innovation Council.    In a ray of sunshine, US solar generation is expected to surpass hydropower for the first time in 2024.

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AeroFarms is trying to cultivate the future of vertical farming

Business Green

For example, Danville relies heavily on nuclear and natural gas for energy, which is one reason AeroFarms decided to build there. Rosenberg also hopes AeroFarms will start to focus on places and cities that have access to hydropower. But that could undermine the jobs added by the company in the future.

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Arizona nuclear to clean hydrogen project receives $20 million from Dept. of Energy

Renewable Energy World

The Biden administration believes heavily in green hydrogen -- hydrogen produced from clean sources like wind, solar, and hydropower -- as a key piece in the path to a net-zero energy sector. Green (or clean) hydrogen represents only 5% of the hydrogen produced in the U.S.,

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A move to renewable energy could grow Africa’s economy by 6.4%

Renewable Energy World

Coal, natural gas and oil together account for about 70% of Africa’s total electricity generation, and conventional power attracts far more funding than renewables, owing to an established process that favors less capital-intensive thermal generation, the report notes. Specific to hydropower , the report said that 17.4%

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The Fight to Define ‘Green Hydrogen’ Could Determine America’s Emissions Future

DeSmogBlog

With the passage of the Inflation Reduction Act last year, a decades-long effort to get a major climate package through Congress is over. Current supplies are made by reforming natural gas, which releases greenhouse gasses. Most importantly, it does not emit carbon when it’s used.

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Solar, Wind Tax Credit Extensions and Energy R&D Package in Spending Bill Before Congress

GreenTechMedia

trillion federal spending and tax extension package negotiated by congressional leaders over the weekend alongside a $900 billion coronavirus relief package. Utility-scale solar power is already cost-competitive against coal-fired power across the world and with natural-gas-fired power in many markets.

Packaging 130
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Are renewables-led 'structural changes' pushing the world towards peak emissions?

Business Green

The global energy crisis triggered by Russia's invasion of Ukraine has prompted a scramble by many countries to use other energy sources to replace the natural gas supplies that Russia has withheld from the market," he said. Credit: IEA.