Climatetech finance

Long-duration energy storage

Form Energy raises $405M for its 100-hour iron-air batteries

The long-duration energy storage startup has raised a total of $1.2 billion. Form is expanding its West Virginia factory and working on its first deployments now.

By Jeff St. John . 9 October 2024

Form's factory in Weirton, West Virginia. (Form Energy)

Clean industry

DOE launches $6B program to slash emissions from heavy industry

The Biden administration announced it will help fund projects to clean up the production of steel, cement, aluminum and other hard-to-decarbonize sectors.

By Maria Gallucci . 9 March 2023
Grid edge

This startup turns electric water heaters into grid batteries

Shifted Energy is tapping water heaters in lower-income communities to create virtual power plants that help balance the grid, starting in Hawaii.

By Jeff St. John . 6 March 2023
Nuclear

Will the feds approve any of the new small modular nuclear reactors?

Startups like Nano Nuclear and others are developing promising new designs. But the Nuclear Regulatory Commission has a 48-year streak of saying no.

By Eric Wesoff . 3 March 2023
Electrification

BlocPower raises $155M to speed up its all-electric building retrofits

The startup partners with cities and uses software and financing to make electrification pay off for low- and moderate-income residents.

By Jeff St. John . 1 March 2023
Batteries

More money for US battery recycling: DOE offers $375M loan to Li-Cycle

It's the second big federal loan this month to help build American facilities that process hard-to-recycle materials — and deal with the future flood of used EV batteries.

By Jeff St. John . 27 February 2023
Geothermal

Fervo Energy’s new project will harness the earth’s heat to capture CO2

The geothermal energy startup says it will design and engineer a system combining advanced drilling technology with a "direct air capture" system to collect carbon.

By Maria Gallucci . 23 February 2023
Batteries

This EV battery recycling plant in Ohio is planning a huge expansion

Bolstered by federal funds, Cirba Solutions is growing fast to meet rising demand for recycled metals and minerals. Canary Media gets a firsthand look.

By Maria Gallucci . 22 February 2023
Air travel

United’s $100M fund to invest in startups making sustainable jet fuel

United Airlines is launching an investment vehicle to support proven producers and emerging developers of sustainable aviation fuel in a bid to curb emissions.

By Maria Gallucci . 21 February 2023
Climatetech finance

Two superstar investors go all-in on Complete Solaria merger

John Doerr and T.J. Rodgers put their money on vertically integrated residential solar.

By Eric Wesoff . 14 February 2023
Electric vehicles

Startup Motor revs up its EV subscription service with Series A funding

The all-inclusive concierge service helps consumers bridge the gap between the test drive and buying an electric car.

By Julian Spector . 14 February 2023