Silent sailing, noisy generators: Hydrogen startups PowerUP and H2Boat tackle yachting’s diesel problem

PowerUP Energy Technologies, the Estonian company renowned for its advanced hydrogen fuel cell-based electric generators, today announced a strategic partnership with H2Boat, an Italian marine hydroge…

The fossil fuel comeback is here
The fossil fuel comeback is here

The US is building more fossil fuel infrastructure than it has in a decade while renewable energy growth slows down, a new report shows. Electricity demand is also climbing faster than it has in more than a decade with more data centers, factories, and electric vehicles plugging into the grid. Despite those growing demands, the […]

Amazon is funding a new nuclear plant in Indiana
Amazon is funding a new nuclear plant in Indiana

Amazon has signed an agreement with X-energy and American Electric Power (AEP) to fund the building of a new nuclear energy facility in Indiana. The proposed plant, which would replace the now defunct coal-fueled Breed Generating Station in Fairbanks, Sullivan County, aims to provide up to 960 megawatts of carbon-free energy for both the regional […]

EV Sales Climb Worldwide As They Stall In The U.S.

This week’s Current Climate newsletter also looks at using infrastructure investment to tackle climate change and Chargepoint CEO Rick Wilmer on U.S. market changes.

Linkener secures €7.5M to expand its energy management platform

Energytechnology startup Linkener has raised €7.5 million in a funding round led byKlima Energy Transition Fund, Alantra’s energy transition fund, with existingshareholder GoHub Ventures remaining on …

With Hormuz Closed, Central Asia Plays Every Side—And Gains Leverage

With Hormuz closed and Russia’s Black Sea route under drone fire, Kazakhstan and Turkmenistan are reviving trans-Caspian pipelines to reach Europe and please the U.S.

Rabot Energy secures $50M to transform homes into a virtual power plant

Rabot Energy, a provider of dynamic electricity tariffs,has raised $50 million in a Series B funding round to expand its technologyplatform and support its next phase of growth. The round was led by E…

Skeleton Technologies surpasses $1B valuation with Siemens backing for US expansion

Skeleton Technologies today announced a strategic investment from Siemens, bringing Skeleton’s valuation to more than $1 billion. The investment will primarily accelerate the expansion of Skeleton’s U…

French startup Epyr raises €15M following successful industrial heat storage deployment

French industrial energytech company Epyr has raised a €15 million Series A round led by SlateVC. Existing investors AENU and Daphni are doubling down, alongside WEPA Ventures, OVNI Capital and Auru…

This Green New Deal Could Be A Global Gamechanger

This week’s Current Climate also looks at how Trump’s war with Iran is helping used EV sales and the compelling economic case for the clean energy transition.