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

Chart: What’s the state of climatetech startup funding in 2023?

VC investment in climatetech startups is down big in the first half of the year. But more startups are raising money than last year as investors prioritize smaller deals.

By Dan McCarthy . 30 June 2023
Batteries

DOE offers record-breaking $9.2B loan to build EV batteries in the US

The conditional loan to Ford–SK On joint venture BlueOval will back another massive investment in the rapidly expanding Battery Belt taking shape in the Southeast.

By Jeff St. John . 22 June 2023
Carbon capture

Inside Charm Industrial’s multimillion-dollar bid to remove CO2 with plants

The high-flying startup claims to have locked away more carbon than any other venture by turning plant waste into crude-like oil and injecting it underground.

By Maria Gallucci . 19 June 2023
Clean energy manufacturing

Battery maker wins $850M DOE loan to build first US factory

Kore Power will use the conditional loan to try to open a gigafactory in Arizona by 2025. The move comes as battery manufacturing surges in the U.S.

By Jeff St. John . 9 June 2023
Clean energy manufacturing

The South is building the most vibrant EV and battery hub in the US

Canary Media travels through the fast-emerging Battery Belt to see what it means for the clean energy transition.

By Julian Spector . 8 June 2023
Electric vehicles

The US has big EV goals. Can the domestic EV industry meet them?

The IRA has unleashed investment in U.S. EV and battery manufacturing. But China’s dominance of the supply chain complicates "Buy American" ambitions.

By Jeff St. John . 8 June 2023
Clean energy

Chart: Clean energy investment to hit $1.7T, widening lead on fossil fuels

That’s more than the $1 trillion oil, gas and coal will get this year — but still a far cry from the $4 trillion IEA says will be needed annually by 2030.

By Dan McCarthy . 2 June 2023
Utilities

Octopus Energy is bringing clean, distributed energy to the masses

The clean-energy retailer is both serving and disrupting the utility sector — selling software, renewable power, smart home energy devices and more.

By Julian Spector . 10 May 2023
Climatetech finance

Silicon Valley Bank is back to financing community solar

SVB — now under new ownership — announces a $200 million financing deal for Pivot Energy, a leading community-solar developer.

By Jeff St. John . 9 May 2023
Hydrogen

Go big or start small: Picking the right scale for green hydrogen

Startups Electric Hydrogen and Ohmium are both building gigawatt-scale factories. But the electrolyzers they’re making come in very different sizes.

By Jeff St. John . 4 May 2023