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For climate tech startups, the IRA is starting to pay off - Vimarsana News

For climate tech startups, the IRA is starting to pay off

The Inflation Reduction Act, signed into law by President Joe Biden in August 2022, has allocated $400 billion in federal dollars for clean energy projects as the United States aims for up to a 40% reduction in economy-wide greenhouse gas emissions by 2030. Private investment into climate tech startups is on track to match, and likely surpass, the government’s funding, particularly as investors feel secure in a growing market for such technologies. In the past year, more than 270 new clean energy projects have been announced, with private investments totaling around $132 billion,...

Source: yahoo.com
New Energy Infrastructure Chief Wants Companies To Feel FOMO Over Decarbonization - Vimarsana News

New Energy Infrastructure Chief Wants Companies To Feel FOMO Over Decarbonization

Environmentalists let some industries off the hook by labeling them "hard to abate," Energy Undersecretary David Crane said.

Source: forbes.com
DOE announces $156M for applied research and development projects to drive industrial decarbonization - Vimarsana News

DOE announces $156M for applied research and development projects to drive industrial decarbonization

The US Department of Energy’s (DOE) Office of Energy Efficiency and Renewable Energy announced a $156-million funding opportunity (DE-FOA-0002997) that will advance high impact applied research, development, and demonstration (RD&D) projects to reduce greenhouse gas (GHG) emissions across the US industrial sector. This funding opportunity represents follow-on investment to the...

Founders Alert: Climate Tech Funding Outlook For 2023 - Climate Change - Vimarsana News

Founders Alert: Climate Tech Funding Outlook For 2023 - Climate Change

Despite the uncertain atmosphere with the collapse of Silicon Valley Bank and a drop in venture capital funding last year, the end of 2022 closed out another marquee year for state and private funding...

Source: mondaq.com
Industrial Demonstrations Program for decarbonisation launched in US - Vimarsana News

Industrial Demonstrations Program for decarbonisation launched in US

The Biden administration is directing US$6bn in funding to speed up decarbonisation projects in energy-hungry industries such as cement, steel and alum...

Source: cemnet.com