GreenTech

Hello, climate tech readers! Even without a milestone fusion announcement this week, plenty happened in the climate tech world that’s worth catching up on. From massive solar investments to plant-based steaks and small, modular batteries to back up your home, there’s something for everyone. Let’s dive in. Image Credits: Elijah Nouvelage/Bloomberg / Getty Images Last
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The Inflation Reduction Act has clearly kickstarted investment in U.S. clean energy manufacturing. Last year, automakers and battery manufacturers announced that they’d spend tens of billions of dollars to ramp up EV production in the U.S. Now it’s solar’s turn. Today, Korean solar manufacturer Hanwha Qcells announced that it’ll spend $2.5 billion to build a
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Shared electric scooters came onto the scene five years ago with a promising vision of getting people out of cars and onto greener modes of transportation. Yet despite billions in VC money and plenty of hype, the future that micromobility companies promised still hasn’t quite arrived. In cities like Paris, most people aren’t replacing car
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When you think of the biggest tech stories of the year, you probably think of something like Elon Musk buying Twitter, former crypto wunderkind Sam Bankman-Fried’s FTX filing for bankruptcy, all the people who lost their life savings when UST imploded or the tens of thousands of tech workers who got laid off. It was
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In horse racing, the most reliable tips about which horse will likely win often come from the stable boys, since they’re the ones closest to the source. So when we thought about the best ways to find out what’s happening in a particular sector, we figured why not get it straight from the horse’s mouth
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With 2022 in retreat, investors have made no secret that they’re looking for safe investments. In a challenging market with higher interest rates, that’s no surprise, but what might raise eyebrows is where investors think those quality investments lie. Increasingly, it’s in climate tech. The sector had a crazy 2021, and while 2022 may not
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In case anyone asks, 2022 was all about energy — natural gas, oil, renewables, all of it. Natural gas prices surged early as Vladimir Putin’s poorly thought-out decision to invade Ukraine slashed gas deliveries to Europe. That, coupled with high oil prices, substantially contributed to near-record-setting inflation that forced central bankers to raise interest rates.
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Toyota president Akio Toyoda has made it no secret that he really, really dislikes electric vehicles. This weekend, he offered this latest installment: “People involved in the auto industry are largely a silent majority,” Toyoda told reporters in Thailand, according to The Wall Street Journal. “That silent majority is wondering whether EVs are really OK
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Sun King, a provider of off-grid solar energy products in Africa and Asia, has secured a $70 million equity investment led by LeapFrog Investments. It’s an extension of the $260 million Series D round the solar company announced this April, which was led by BeyondNetZero, the climate investing venture of General Atlantic and M&G Investments’
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Elon Musk’s plan to “operate as a giant distributed utility” is creeping toward reality. Tesla first piloted a “virtual power plant” in California, inviting Powerwall home battery owners to sell electricity back to the grid at peak times to mitigate brownouts. Soon after, the automaker expanded the effort into Australia and Japan, and next it’s
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