funding

Antares, an advanced nuclear energy startup, announced the close of its $96-million Series B funding round, which was led by Shine Capital with participation from Alt Capital, Caffeinated, FiftyThree Stations, Industrious, and other investors.

The Wells Fargo Innovation Incubator (IN2), a $55-million energy technology program funded by Wells Fargo & Company and co-administered by NREL, the U.S. Department of Energy National Renewable Energy Laboratory, has announced the selection of three startups for its next cohort in the Emerging Tech track. This cohort focuses on enhancing resiliency in the built environment through innovative technologies that strengthen building operations, heating and cooling systems, and grid reliability.

A startup company whose investors include Breakthrough Energy Ventures, the group led by Microsoft founder Bill Gates, said it has received about $14 million in new funding in support of a pilot project in Wyoming. Airloom Energy has said its technology is prepared to “revolutionize” wind power through the company’s new design for wind turbines, […]

The U.S. Department of Energy (DOE) announced it will provide $125 million in funding to support two Energy Innovation Hub groups that will look at challenges facing the battery energy storage industry. The DOE on September 3 said teams of researchers “will develop scientific concepts and understanding to impact decarbonization of transportation and incorporation of […]

The Department of Energy (DOE) will furnish 16 innovative projects with $45 million in federal funding to develop cybersecurity tools and technologies that thwart cyber attacks in the power and oil and gas energy delivery systems. The $45 million funding stems from a 2022 funding opportunity announcement (FOA) overseen by the DOE’s Office of Cybersecurity, […]

Kairos Power will secure $303 million from the Department of Energy (DOE) under a novel performance-based, fixed-price milestone approach to support the design, construction, and commissioning of its 35-MWth Hermes molten salt “non-power” demonstration reactor, which the firm has proposed to build at the East Tennessee Technology Park Heritage Center (ETTP) site in Oak Ridge. […]

Colorado-based cooperative Tri-State Generation and Transmission Association will accelerate the closure of a coal-fired unit in the northwestern part of the state, and also announced a retirement date for an Arizona coal plant, as part of the utility’s latest electric resource plan (ERP). Tri-State on Dec. 1 also said it wants to acquire at least […]

The Biden administration has pledged another $1.2 billion to help extend the operating life of older or distressed nuclear power plants, with Energy Secretary Jennifer Granholm saying nuclear power is needed to support the nation’s clean energy goals. The funding, announced by the Dept. of Energy (DOE) on March 2, is the second tranche of […]

The Department of Energy’s (DOE’s) first round of funding from its $6 billion Civil Nuclear Credit (CNC) Program is poised to go to Diablo Canyon Power Plant, California’s only operational nuclear plant. Pacific Gas & Electric  (PG&E), Diablo Canyon’s owner, could receive up to $1.1 billion in credits to extend the 2.2-GW plant’s operation for […]

BOSTON, Mass. (Oct. 27, 2021) – A $16 million capital infusion will fuel the growing breadth of REsurety’s market intelligence, asset insight and risk management tools for clean energy sellers, buyers, investors and advisors.  Climate solutions investment firm Hannon Armstrong (NYSE: HASI) provided a majority of the Series B raise, joining existing investors including Launch […]

Atlanta, Georgia (Oct. 27, 2021) — As increasing electric vehicle growth pressures the electric power infrastructure and the need for EV fast-charging increases, Resilient Power announced the closing of a $5 million seed round. The investment for the first-to-market provider of solid-state transformer-based electric vehicle (EV) fast charging technology was led by Energy Transition Ventures, […]

BROOKLYN, N.Y. (Feb. 9, 2021) — David Energy, a new kind of electricity supplier, today announced the close of $19 million in new financing. The new capital includes a $4.1M Seed round led by Equal Ventures and a $15 million working capital facility from Hartree Partners, a global merchant commodities firm specializing in energy and […]

NOVEMBER 10, 2020 — Yotta Energy announced today that the company has closed a $5M Seed Round to finalize UL certification and commence commercial production of its disruptive panel-level, PV-Coupled™ energy storage technology. The investors for this round include Fiftysix Investments, EDP Ventures, Skyview Ventures and other undisclosed investors. “Our team has proven the value […]

Yucca Mountain, the 1987 Congressionally appointed deep geologic repository for spent nuclear fuel (SNF), may be officially dead; transmission assets held by the Tennessee Valley Authority (TVA) and three Power Marketing Administrations (PMAs) will be put up for sale; and hundreds of millions of dollars in unobligated balances for flagship programs like the Advanced Research […]

The U.S. Department of Energy (DOE) announced 12 projects had been selected as part of its Practices to Accelerate the Commercialization of Technologies (PACT) Laboratory Call. The projects will receive about $2.5 million in awards, combined with more than $1 million in cost share “to develop new ways to increase technology commercialization by reducing barriers […]

San Ramon, California (September 23, 2019) – Complete Solar Inc. today announced it has raised $9 million in equity funding led by Ecosystem Integrity Fund. Additional participating investment came from the Libra Foundation. This capital is supporting Complete Solar’s market expansion, which includes enabling non-solar sales channels to expand their respective product offerings through Complete Solar’s reseller […]

Below is a list from the National Energy Technology Laboratory (NETL) of all its large-scale coal demonstration projects, starting with the most recent, with a link to each respective project landing page.  In a report prepared for the Senate Energy and Natural Resources that was released on October 1, 2018, the Government Accountability Office (GAO) says […]

The Department of Energy (DOE) has available up to $100 million in cost-shared funding for large-scale transformational coal technologies pilot projects.  According to an August 24 funding opportunity announcement (FOA), the money will be distributed in three phases. “The purpose of this FOA is to seek applications for projects to design, construct, and operate large-scale […]

As one of its first announcements under the Trump administration, the Department of Energy (DOE) will invest up to $30 million in new projects to support the integration of solar into the nation’s electric grid. The agency’s Office of Energy Efficiency and Renewable Energy announced the measure as part of its SunShot Initiative, which the […]

The U.S. Senate passed an amendment on April 26 that would restore funding for wind energy research and development (R&D) in fiscal year 2017 to $96.4 million—the same amount funded this fiscal year. The amendment passed by a vote of 54–42 as part of Senate consideration of the Energy and Water Development and Related Agencies […]

The U.S. Department of Energy’s (DOE’s) National Energy Technology Laboratory (NETL) announced on August 17 that it will dole out a total of almost $17 million to research new CO2 storage technologies through DOE’s Carbon Storage Program and to research coal conversion and utilization through NETL’s University Coal Research Program. Nine projects will receive funding […]

Seven gasification projects will receive about $7.5 million in funding from the Department of Energy’s (DOE’s) National Energy Technology Laboratory. The projects will reduce the cost of coal conversion and mitigate the environmental impacts of fossil-fueled power generation, the DOE said in a statement on July 14. The projects fall under two subtopic areas: development […]