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)

Climatetech finance

Solar hardware maker Nextracker scores $638M in 2023’s biggest IPO so far

Eschewing the SPAC siren song, the tracker manufacturer went public in an old-school IPO that exceeded analysts' expectations.

By Eric Wesoff . 13 February 2023
Batteries

Redwood Materials wins $2B DOE loan to recycle EV batteries

The U.S. needs a robust domestic supply of recycled materials to get EVs on the road. Federal support will be a big help in kick-starting the nascent industry.

By Jeff St. John . 9 February 2023
Clean industry

Green steel startup Boston Metal raises $120M for its fossil-free tech

The MIT spinout said its latest funding round, led by steel giant ArcelorMittal, will allow the company to build its first full-scale green steel plant.

By Maria Gallucci . 27 January 2023
Carbon-free buildings

VC firm Fifth Wall to bankroll deployment of carbon-free building tech

Despite the building sector's massive emissions, little investment has flowed into real-estate decarbonization so far. Fifth Wall wants to change that.

By Julian Spector . 23 January 2023
EV charging

Shell buys EV-charger operator Volta for pennies on the dollar

Volta went public via SPAC at a $2B valuation in 2021 but bled cash and sold to Shell for just $169 million. Building EV charging networks is a costly business.

By Jeff St. John . 19 January 2023
Long-duration energy storage

Noon Energy raises $28M for a whole new kind of long-duration storage

With its carbon-based storage tech, startup Noon could be among the first to commercialize clean energy storage that can power the grid for days.

By Julian Spector . 18 January 2023
Solar

Silicon Ranch raises $600M for its holistic take on solar development

The company owns solar plants for the long haul, grazes sheep among its panels and works to be a good neighbor in rural communities.

By Julian Spector . 9 January 2023
Opinion

To get rid of coal power, we need smarter coal finance

Cutting off coal funding too soon could make climate change even worse. Finance institutions now have better strategies to choose from to bridge the gap.

By Alex Murray, Shravan Bhat . 6 January 2023
Climatetech finance

Arcadia raises $125M more to cap huge growth year in solar and software

The Washington, D.C.–based startup raised a total of $325M in 2022 and says it's now on a path to "near-term profitability.”

By Julian Spector . 16 December 2022
Batteries

Element Energy raises $28M for grid storage powered by used EV batteries

The startup's granular charging controls can get more energy out of second-life batteries while also detecting and preventing failures that could start fires.

By Julian Spector . 14 December 2022