Climatetech finance

This MIT-backed fund wants to solve the toughest climate problems

The Engine Ventures just raised $400M to help fill the vast funding gap for “tough tech” companies, including firms working to decarbonize heavy industries.

By Maria Gallucci . 27 June 2024

Katie Rae helmed The Engine from 2017 to 2023 and now leads its venture capital arm. (Tony Luong/The Engine Ventures)

Hydrogen

The $245M bid to pull clean hydrogen straight from the earth

Demand for carbon-free hydrogen is rising. Startup Koloma aims to extract the gas from underground geologic deposits — and it just raised a ton of venture funding.

By Eric Wesoff . 14 February 2024
Climatetech finance

Swell Energy acquires Renu to help build virtual power plants

The startup aims to combine privately owned batteries into grid resources. Renu, a regional battery installer, will help Swell access new markets.

By Eric Wesoff . 7 February 2024
Carbon capture

Avnos raises $36M to pull CO2 — and water — from the sky

The investment round, led by a subsidiary of utility giant NextEra, comes as both private and public interest in direct air capture technology picks up.

By Maria Gallucci . 6 February 2024
EV charging

New guidance makes EV charging incentives widely available

But developers are still awaiting clarity around another key aspect of the tax credit, without which project financials remain murky.

By Jeff St. John . 24 January 2024
EV charging

3 ways to help EV charging bloom in 'charging deserts'

For EV chargers to take off in disadvantaged communities, we'll need public-sector support — and private-sector innovation to make the economics work.

By Jeff St. John . 10 January 2024
Hydrogen

The new hydrogen tax credits could revolutionize how clean energy is counted

Green hydrogen is just the first sector that will need to start tracking clean power on an hourly basis to adapt to a renewables-rich grid, energy experts say.

By Jeff St. John . 9 January 2024
Clean fleets

A small Texas town is home to the state's first all-EV school bus fleet

With a new tranche of federal funding for electric school buses just unveiled, more districts across the country will likely follow suit.

By Pooja Salhotra . 9 January 2024
Climatetech finance

5 cleantech startups that didn't survive to see 2024

Bird, Hyperloop One, Sunfolding and other VC-funded companies went belly up or bankrupt late last year. Here are key takeaways and lessons learned.

By Eric Wesoff . 5 January 2024
Climatetech finance

First Solar cashes in with sale of IRA tax credits worth up to $700M

The Ohio-based solar giant says it's the first major deal to use new tax-credit transfer provisions, which help firms maximize the value of clean energy subsidies.

By Eric Wesoff . 3 January 2024
Podcast

Financing first-of-a-kind climate assets

Before any novel technology can make it big, its very first project needs to be finished — and financed.

Play

By Shayle Kann . 46 min . 21 December 2023