Project finance

An insider's guide to the Greenhouse Gas Reduction Fund

With $150 billion potential investment on the line, here’s what’s needed next according to Banyan Infrastructure.

Project finance
Inside Rondo’s European debut with new CEO Eric Trusiewicz

The thermal storage company has announced funding for its first three large-scale commercial projects — and they’re in Europe.

Project finance
Can data center customers pull LDES out of the valley of death?

Armed with the promise of $300 million in new funding, zinc battery maker Eos has a pipeline of buyers spurred by the AI boom.

Fervo, Southern California Edison sign largest-ever geothermal PPA

California is “a priority market for the foreseeable future” for Fervo, per strategy exec.

Solar on a farm
Project finance
Small renewables developers face a financing catch-22

Big banks won’t give them a glance until they’re interconnected. But that takes working capital, in short supply for small projects.

A geothermal project in Iceland.
Four potential unsung heroes of cleantech, according to investors

Subsectors like geothermal, energy efficiency, and onshore wind could hold promising returns.

What makes a data center solar project financeable?

Lenders look for a utility “backstop” for renewables projects aimed at data centers, said Sunrocket Capital COO.

Wind turbine under construction.
One way to fix the broken RECs market: Test for additionality

A new white paper suggests avoiding uncontracted certificates could ensure they actually lead to new clean energy developments.

A steel mill
Project finance
What it takes to decarbonize a steel mill

A coal-fired steel mill’s transition could incentivize bringing electrolytic hydrogen behind the meter, new research found.

Hydrogen bubbles produced during electrolyzer stack testing at Electric Hydrogen.
Electric Hydrogen nabs $100 million in credit financing

Four banks gave the electrolyzer manufacturing start-up a vote of confidence, despite its having barely started production.

New partnership aims to help green banks capitalize on federal funding

The Greenhouse Gas Reduction Fund-focused collaboration comes from Banyan Infrastructure, Elemental Excelerator, and the Milken Institute.

LevelTen launches new clean energy tax credit marketplace

The new marketplace is one of at least six to pop up in the fast-growing market in less than a year.

Hitachi Energy pours $1.5 billion into transformers

In the next three years, the Swiss company plans to build out its production capacity in an effort to shorten lead times.

A new geothermal power plant in California is under construction.
Trellis Climate offers a leg up for first-of-a-kind cleantech projects

The new catalytic capital program promises to fill a financing gap for promising but unproven technologies and infrastructure projects.

Climeworks begins to offer “PPAs” for carbon removal

The company will sell curated carbon removal “packages” that include a range of nature-based solutions alongside its own direct air capture services.