"The disruptions have pummeled solar deployment in the U.S., where domestic manufacturers are few and imports, largely from Chinese and other Asian makers, account for more than 80% of all panels used. An estimated 23 gigawatts’ worth of big solar projects have been delayed so far this year—almost twice as much as was installed in all of 2021 and approaching a third of all such projects in development, according to the American Clean Power Association, an industry group."
Shell to Buy Biogas Producer in $2 Billion Deal
"Shell and BP are both looking to use their global oil-and-gas trading arms to reach existing customers willing to pay a premium for cleaner fuel, and to tap new markets as they invest in expanding the biogas businesses. Neither deal changes the dividend or buyback plans of Shell and BP, the companies have said, in a year of huge cash payouts to investors."
South Korean firm to spend $3.2B in TN, create 1,000 jobs in what governor calls historic investment
"Shin said the factory is projected to produce 120,000 tons of cathode battery materials annually once fully operational, which is enough to power batteries in 1.2 million electric vehicles."
Biden’s Proposed Windfall Tax on Gas Companies Is a Bad Idea
Blaming these companies negates the fact that high profits are being driven by global energy shortages.
Syzygy Plasmonics Raises $76 Million Series C Led by Carbon Direct Capital to Accelerate Delivery of Low-Carbon Hydrogen Technology
Syzygy Plasmonics has raised $76 million in Series C funding. “Rather than rely on thermal energy, Syzygy Plasmonics harnesses the power of light to energize chemical reactions. This approach is designed to reduce feedstock waste while producing fewer emissions when powered by renewable electricity. Select Series C participants have also entered into commercial agreements with...
Dandelion Energy raises $70M to take geothermal heat pumps mainstream
"By drilling hundreds of feet into the ground, Dandelion taps a secure reservoir of heat in the winter, and in the summer, the pump removes heat from the house to cool it."
Enel to Build Massive Solar Panel Factory in U.S.
"The factory will also manufacture solar cells, the building blocks for solar panels and a component not currently produced in the U.S., after the last few manufacturers went out of business or were priced out of the market by cheaper imports in recent years."
Global Chaos Isn’t Slowing Clean Energy Development
If ever there was a year for clean energy development to slow, this year seems to be a good fit, but surging prices, supply chain bottlenecks, and global energy market upheaval have not managed to slow renewables down. At the end of 2022, the ascendancy of clean energy appears to be as unstoppable as it is undeniable.
Seattle startup has a climate friendly solution to the sticky problem of petroleum-based adhesives
"Nvirovate launched in May 2021 and recently landed $850,000 in angel investments from two clean-tech focused investors — VertueLab and E8 Angels — as well as Diversified Chemical Technologies; Willamette University; Keeler Investments; Family Angel Management Fund; and an individual investor."
Redwood Materials To Supply Cathodes For Panasonic’s Kansas EV Battery Plant
“'The cathode material is roughly 15% of the cost of an EV. It's a phenomenally impactful component that isn't very well understood. Overall, the battery supply chain accounts for maybe 20% to 25% of the cost of an EV,' Straubel said. 'This is a really meaningful and monetarily significant step toward launching this industry in the U.S.'”