Breakthrough Energy

?? INERATEC has secured up to €70 million in funding comittment from the European Investment Bank (EIB) and Breakthrough Energy Catalyst to scale up e-Fuel production and drive further research and development for sustainable fuels. This funding includes a grant by Breakthrough Energy Catalyst, underpinning the maturity of our technology. It will support the development of Europe’s first large-scale e-Fuel plant in Frankfurt, which will produce up to 2,500 tons of e-Fuels and e-Chemicals. Our e-Fuels, including e-SAF, will play a crucial role in climate-friendly aviation and ensuring compliance with EU ReFuelEU regulations. A huge thank you to our financing partners for their trust and support in scaling our cutting-edge technology for a sustainable future! #NextEra Disclaimer: Please note that "close" as used in the image below means that INERATEC has secured funding commitments that remain subject to the satisfaction of certain conditions precedent.

For decades, geothermal power was only viable in select geological hotspots. Fervo Energy is changing that by applying horizontal drilling and advanced reservoir engineering. This innovation is transforming geothermal into a scalable, always-on, carbon-free energy source that can be deployed wherever there’s heat beneath the surface. On the Volts Podcast, CEO Tim Latimer sits down with david roberts to talk about: ?? Breakthroughs in drilling efficiency that cut costs by 70% and tripled power output per well ?? Why AI and data centers are turning to geothermal for reliable, 24/7 power ?? How Fervo Flex enables geothermal to store and dispatch energy when needed ?? Cape Station, Fervo’s first large-scale commercial plant in Utah, and what’s next With support from Breakthrough Energy Ventures, Fervo is proving that geothermal can be a key piece of the energy mix, providing firm, cost-competitive clean power. ???Listen to the full episode: https://lnkd.in/eRVRtg7j

America’s manufacturing renaissance is unfolding now — right here in the heart of the Rust Belt, at the site of a former steel mill in West Virginia. ?? ???? ?? At Form Energy, we’re manufacturing multi-day energy storage to help build a reliable, clean, and secure electric grid for communities across the country. Want to see our progress in action? Watch the video below for an inside look at Form Factory 1, where we’re building our iron-air batteries just outside the Iron City. Want to be part of it? We’re #hiring in Weirton, West Virginia and at our facilities nationwide. America’s next chapter of manufacturing and energy innovation history is being written now – join us and help write it. https://lnkd.in/gcfPNfsV #MadeinAmerica #AmericanManufacturing #EnergyInnovation #ManufacturingJobs #EnergyJobs #EnergyStorage #Batteries #MultiDayEnergyStorage #HiringNow #WorkforForm

?? March 17-18 ??New York University Register now for the 2025 Global Direct Air Capture Conference – focused on accelerating the development and deployment of Direct Air Capture (DAC) technologies – presented by Direct Air Capture Coalition, Breakthrough Energy , RMI, the Good Energy Collective, the Center for Climate and Energy Solutions (C2ES). https://lnkd.in/ekh3QrZs

Energy storage is one key to unlocking 24/7 clean power, and Energy Dome is leading the charge. With its CO? battery technology, Energy Dome has secured a landmark offtake agreement with ENGIE—one of the first for long-duration storage outside pumped hydro. This first-of-a-kind facility in Sardinia, Italy will deliver 10-hour energy storage to balance the grid and maximize renewables. Backed by Breakthrough Energy Catalyst, Energy Dome is proving that scalable, cost-effective storage is here and ready to deploy. Read more from Latitude Media: https://lnkd.in/eBjYxY38

?? Big News: Heirloom and the United Airlines Sustainable Flight Fund are joining forces to scale DAC as a critical tool to enable Net Zero aviation. ?? In addition to an equity investment in Heirloom – which builds on our recent $150M Series B round – the Fund also entered into an agreement for the right to purchase up to 500,000 tons of carbon dioxide removal (CDR), to be delivered for the production of sustainable aviation fuel or permanently stored underground. Why this matters: Aviation faces unique decarbonization challenges. The path to Net Zero requires both reducing emissions AND removing residual ones. While Direct Air Capture (DAC) is typically seen as just a removal solution, in aviation it's a powerful tool for both: 1?? When used to produce SAF, our DAC CO2 can help create fuel that's up to 94% less carbon intensive than conventional jet fuel. Importantly, this fuel can be developed with CO2 that is ALREADY in Earth’s atmosphere, rather than extracting new sources of carbon from deep underground. 2?? Since even the cleanest SAF will generate some CO2 emissions, our core CO2 removal capability remains crucial for achieving true Net Zero aviation. So how does this play out in the future? The answer is: we will need a lot more DAC to both generate cleaner fuels through SAF and remove those emissions that can’t be eliminated. Net Zero aviation requires a dual-pronged approach – and DAC can be a critical input to both sides. We’re proud to be partnering with United to move toward a future where Net Zero aviation is not just an aspirational promise but an operational reality. ?? Find out more ?? https://lnkd.in/dEeKFVwE

Our biggest news ever!???? Announcing our $82M Series B co-led by Just Climate, Eagle Materials, and GenZero with support from Breakthrough Energy Energy! "This strategic funding from the world's leading climate funds and industry partners validates our approach to practical cement decarbonization at commercial scale," said Bill Yearsley, CEO of Terra. "As we break ground on our first full-scale plant in Texas, their support enables us to accelerate our deployment across North America, and our plans to develop an early beachhead in Europe." https://lnkd.in/g-yidnT9 #climatech #sustainability #greencement #fightclimatechange

As our communities need more energy to thrive, our grids need to keep up. VEIR, backed by Breakthrough Energy Ventures, is solving this with superconducting cables that carry 10x more power than traditional lines. With a breakthrough cooling system and $75M in new funding, VEIR is preparing for its first large-scale deployment—helping utilities and data centers move more power with less infrastructure. Read more from Bloomberg: https://lnkd.in/eePT2EN4

I had a great time testifying in front of the Senate Committee on Environment and Public Works. We spoke about the need for carbon capture, utilization, and sequestration, alongside carbon dioxide removal. CCS and CDR have bipartisan support, brilliant private sector innovators and public/private partnerships that set the United States apart. The future is a policy choice and I look forward to continued American leadership on the suite of technologies. Thank you Chairman Capito and Ranking Member Senator Whitehouse for leading the hearing, and the invitation to testify. https://lnkd.in/deatUPjq

?? In the run-up to next week’s Clean Industrial Deal: A Reality Check on European Manufacturing?? Written with Julia Reinaud Europe faces a ‘scale or fail’ moment in the race for clean industrial leadership.?Weak demand signals, high energy costs, and fragmented markets threaten Europe’s industrial base and therefore its global competitiveness. Setting the right course with the forthcoming Clean Industrial Deal is of existential importance. ?? ?The reality: Europe is in crisis. Its established industrial base is eroding, while new sectors—particularly cleantech—struggle to scale. But there’s good news: Europe still has?potential if it ever manages to finally turn early-stage innovation – 27% of global cleantech patents from 2017-2021 originated here - into commercial success and global expansion. In the latest #Cleantech #Reality #Check series, we analyze Europe's industry competitiveness and 3 critical sectors: ?? Batteries: European battery manufacturing is standing at the abyss as fierce global competition erodes profit margins and weak demand signals stall progress. To scale from today’s ~200 GWh/year capacity to the ~400–550 GWh/year needed by 2030, Europe must focus on de-risking strategic investments, emphasizing "Net-Zero Acceleration Valleys" with integrated clusters, bolstering raw material resilience through domestic sourcing, and expanding recycling infrastructure. ?? Green Steel: The EU is #offtrack. Europe hosts over 50% of global low-carbon #steel projects, yet high hydrogen costs (€5–6/kg vs. €2–3/kg target) and policy uncertainty threaten progress. An effective EU ETS and CBAM could close the cost premium gap. With demand stimulation, action on steel scrap recycling, and preferential grid access, billions in private sector investment can be activated, putting the 15–20 Mt 2030 target back in sight. ? Electrolysers: The EU is at #risk of stalling without a significant surge in demand to capitalize on Europe’s technological edge and its 9 GW/y production capacity built in the first half of the decade. Without strong offtake agreements in lead markets, Europe’s nascent elecrolyser sector risks becoming collateral damage of our inability to get the much-hyped H2 economy off the ground. What needs to happen? 1?? Scale Demand: Implement #leadmarkets and stimulate demand to create viable markets for these crucial products, 2?? Close Cost Gaps: Bridge cost premiums with targeted support and de-risking instruments, affordable clean energy, streamlined permitting. 3?? Strengthen Supply Chains: Build domestic capacity for raw materials processing and recycling. It took 5 years to realize that the EU’s Green Deal was missing a business case. The #CID will need to fix this shortcoming, quickly. It’s a last chance to turn this ship called ‘European economy’ around. The stakes couldn’t be higher.?? ??https://lnkd.in/ecAWPQKY ??