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Today’s Highlights:
🔝Top Story: $6 Billion in Clean Energy Tax Credits Boosts US Manufacturing Recycling and Industrial Decarbonization.
💲Investment: Hycamite raises €44M for methane-splitting tech, Protium secures £31M for green hydrogen projects, and Advanced Ionics raises $6.7M to advance electrolyzer technology.
🔬 Innovation: SPIE unveils smart windows using advanced materials for light and heat control, while Doshisha University develops a safer, more efficient quasi-solid-state lithium-ion battery.
🔄 Integration: Greenstat partners with H2Carrier, NTPC REL teams with Deendayal Port, and Dr. Al Dahak reaffirms UAE’s 2030 energy goals.
💡 Intelligence: 5 Notable EV Startups & Independent Companies to Watch For in 2025.
$6 Billion in Clean Energy Tax Credits Boosts US Manufacturing Recycling and Industrial Decarbonization
Clean Energy Manufacturing and Recycling Expansion
Nearly two-thirds of the $6 billion allocated in the second round of the 48C tax credits focus on expanding U.S. manufacturing capabilities for clean energy deployment and recycling. Projects span diverse areas, including clean hydrogen electrolyzers, fuel cells, grid equipment, EV components, batteries, nuclear power, solar PV, and wind energy. These investments aim to strengthen domestic manufacturing essential for a low-emission future.
Critical Materials Processing and Recycling
Approximately $1.5 billion of the allocated tax credits target critical materials projects, including lithium, copper, and rare earth element refining, processing, and recycling. Facilities receiving funding are critical for bolstering U.S. economic security and reducing reliance on imports while advancing the circular economy for materials vital to clean energy technologies.
Industrial Decarbonization and Energy Communities
Around $700 million is directed toward improving process efficiency and reducing greenhouse gas emissions at industrial facilities, with an anticipated 2.8 million tons of CO2 eliminated annually. Additionally, $2.5 billion is allocated to projects in energy communities impacted by coal mine or plant closures, aiming to revitalize these regions with sustainable, advanced energy solutions. Read More
Investment Highlights of the Day
- Hycamite secures €44M in Series A funding led by Sojitz Group, with new and existing investors supporting the launch of its industrial-scale methane-splitting demonstration unit. Read More
- Protium Green Solutions secures £31M in the first close of its Series B round, led by Barclays and SWEN, with new backing from ITOCHU and Toho Gas to accelerate green hydrogen projects and global expansion. Read More
- Advanced Ionics raises $6.7M in funding from JERA, Lummus, and other investors to advance its water-vapor electrolyzer technology, while appointing Ignacio Bincaz as CEO to lead its growth and R&D efforts. Read More
Innovation Highlights of the Day
- A study from SPIE (Society of Photographic Instrumentation Engineers) presents smart windows using liquid crystals, nanoporous microparticles, and vanadium dioxide for efficient light and heat control. Read More
- Researchers from Doshisha University, Japan developed a safer, more efficient quasi-solid-state lithium-ion battery for electric vehicles and devices. Read More
Integration Highlights of the Day
- Greenstat Hydrogen India (GHI) partners with H2Carrier to advance green hydrogen and ammonia projects in India and Sri Lanka, utilizing H2Carrier’s innovative floating production technology. Read More
- NTPC Renewable Energy Limited (NTPC REL) partners with Deendayal Port Authority (DPA) to promote green hydrogen mobility at Kandla Port, including a hydrogen fueling station and 11 hydrogen-powered buses. Read More
- Dr. Amna bint Abdullah Al Dahak reaffirms UAE’s commitment to accelerating the global energy transition and expanding renewable energy capacity by 2030. Read More
Climate Insider Intelligence: 5 Notable EV Startups & Independent Companies to Watch For in 2025
Electric vehicles (EVs) are charging ahead, making up almost 20% of new car sales globally. But with giants like Tesla and BYD dominating the market, can smaller startups still find their footing? In this listicle, we explore the unique challenges and opportunities for EV newcomers, from battery innovations to building the essential charging infrastructure. Dive into the world of electric startups and discover why some are racing ahead while others are falling behind. Will these disruptors drive the next big shift in the EV landscape? Read on to find out. Read More