This investment comes on top of the $100 million invested in 2018. Venture capital and corporate funding of new energy technologies continues despite — or perhaps because of — the pandemic.
Direct-air capture, along with its mythic sisters, clean coal and carbon capture and sequestration, is a process where CO2 from fossil generators and industrial sources is captured, treated and injected into underground earth formations for permanent storage or for industrial use.
Sinn Power of Gauting, Germany combines wave, wind and solar power for the “first floating ocean hybrid platform.”
A German-Israeli research group has gathered to discuss which storage technologies may outperform lithium-ion batteries in the future. They concluded that there is no such a thing as a “post Li‐ion” era in sight. They recommended a “side‐by‐side” approach for multiple technologies in different applications, as well as the hybridization of technologies.
Trina Solar has been manufacturing its 500 W modules for a month now and plans to increase module output to more than 600 W in the future.
Also in the brief: Montana high school students raise money for a solar installation, Pacific Gas & Electric is tapping into two Li-ion battery storage projects, a startup from Germany has developed a solar-powered UV disinfection station and more.
German industrial giants Uniper and Siemens are working together to advance the use of green hydrogen and replace conventional, gas-fired hydrogen production plants.
Executive, career and boardroom moves in solar, storage, cleantech, utilities and energy VC.
German manufacturer a2-solar has supplied 240 solar panels for the renovation of an old building in Bern, Switzerland. The modules, which are being integrated into 96 balconies, feature different transparency options and color variations.
Electrolyzer manufacturers are in agreement on the goal of rapidly reducing investment costs, mainly through economies of scale. Some are embracing large units, while others are betting on quantity over size. The first approach is attractive for operators of large PV plants, while the latter is better suited to operators of small systems.
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