Demand for energy storage is surging, with capacity expected to grow eightfold in the next decade. To meet that demand, Moment Energy wants to shortcut a supply chain that now flows largely through China, by domestically repurposing EV batteries into new grid-connected storage systems. Moment Energy’s four founders met while studying mechatronics engineering in college…

As sea levels rise and flood risks worsen due to global warming, WaveSave’s easy-to-erect portable dam offers a quick-response tool. People can use the dam to protect themselves and their property, and it can also store freshwater for later use. Communities in Europe, Africa, and Southeast Asia have deployed it successfully. Now, the company is…
BasiGo aims to replace the tens of thousands of diesel-powered buses on sub-Saharan African roads with electric ones that generate far fewer emissions. The company’s pay-as-you-drive business model has helped make EVs more attainable and is changing the way public transport operates. In a bid to contain the covid-19 pandemic in 2020, the Kenyan government…
There’s a growing need for long-duration storage to meet energy demand and balance out renewables on the grid. Energy Dome uses compressed carbon dioxide gas in its massive grid batteries, which can deliver power for up to 24 hours. As the world races to meet growing electricity demand, solar and onshore wind power have become…
Brimstone is making strides on two industrial problems, reducing the emissions from cement and providing a way to produce more critical minerals within the US. If the company can do both, with the same rocks in the same plant, it would unlock a cleaner and more efficient process for manufacturing building materials, aluminum, steel, and…
X-energy is developing small modular reactors to satisfy some of the planet’s most power-hungry users: industrial manufacturers that need high temperatures to produce billions of tons of concrete, plastics, fibers, and chemicals. Solar panels and wind turbines are great at producing electricity but what heavy industry also needs is raw heat—and lots of it. The manufacture…

Form Energy is building iron-based batteries that can store energy for multiple days. The company is ramping up supply at its factory and signing deals for commercial projects. New solar and wind installations produce electricity more affordably than fossil fuels in most places, but their output varies based on season, time of day, and weather.…
WeLion New Energy is on a quest to make safer, better batteries. The company’s semi-solid-state cells could improve safety and offer greater energy density than lithium-ion batteries to power electric cars, boats, and drones. From the EVs that carry commuters home to the ships that transport goods across countries, more and more vehicles around us…
As the team at MIT Technology Review set out to choose companies for this year’s edition of our annual list of Climate Tech Companies to Watch, the challenge felt more daunting than any year since we started compiling the list in 2023. This year is shaping up to be one of the hottest ever recorded.…