October 20, 2023

Spearmint Energy Gets $92 Million Tax Equity Financing for Texas-Based Energy Storage

This project highlights increasing investor confidence in renewable energy ventures. It’s a clear signal that the transition to clean, reliable energy is not just a trend, but a robust, financially sound decision.

Climate Deals

KeyState Secures Funding Through $925M ARCH2 Hydrogen Grant

Hydrogen

October 31, 2023

KeyState has secured substantial funding through the US Department of Energy’s ARCH2 $925 million grant. The Appalachian Regional Clean Hydrogen Hub (ARCH2) is one of seven hubs nationwide to receive funding through Biden’s $7 billion H2 Hubs Initiative. As a Principal Project of ARCH2, this is a big win for KeyState. Their approach is set to redefine industry standards by delivering ultra low carbon intensity hydrogen and ammonia at market-ready costs. KeyState’s work highlights the importance of developing viable, cost-effective solutions in the hydrogen sector. By aligning with the broader goals of the H2 Hubs Initiative, they are contributing significantly towards achieving a cleaner, hydrogen-fueled economy.

Climate Deals

EnergyX Secures $50M in Series B Funding for Lithium Tech

Clean Power, Mining

October 24, 2023

We hosted EnergyX CEO Teague Egan on the Energy Superheroes podcast a while back, where he explained how his company is developing groundbreaking energy storage and lithium extraction technologies. This funding round was led by forward-thinking investors who clearly see the immense potential in sustainable energy solutions. This includes General Motors, Elohim Partners, and IMM Investment Global. IMM’s fund was largely contributed to by POSCO Holdings, a South Korean lithium battery materials company. EnergyX is changing the world of batteries with its patented Lithium-Ion Transport and Separation (LiTAS) technology, which is less harmful and more efficient than traditional extraction options. Investments like these are what will fuel the energy transition, and with companies like EnergyX leading the way, a carbon-neutral future looks more achievable than ever. To learn more, be sure to check out our full episode with EnergyX on Youtube or our website.

Climate Deals