- Acclimate by Solvecast
- Posts
- Acclimate Weekly Debrief 9/12
Acclimate Weekly Debrief 9/12
Wind industry struggles, battery boom, and more.
Welcome back! This is your weekly debrief on what’s driving the clean energy transition.
In today’s edition:
Battery manufacturing and recycling are booming
More bad signals for the wind industry
Ascend Elements raises $542M to accelerate production of LIB materials, Polarium raises US$50 million for ESS.
Read time: 5 minutes
Was this email forwarded to you? Sign up here.
HOT TOPICS
⚡️ CLEAN ENERGY
The wind industry continues to struggle. America’s Wind-Farm Revolution Is Broken
The solar and EV boom is supercharging the battery industry. The U.S. battery boom is getting cranked all the way up (via Axios)
While renewable energy installations have a 30+ year lifetime, questions are starting to pop up when it comes to decommissioning. Renewable Energy Projects Nearing End Raise Abandonment Concerns (via Bloomberg Law)
Texas's Grid Faces October Solar Eclipse Challenge, Blackout Risk (via Bloomberg)
The hydrogen debate continues. How Biden officials are tackling the challenges of clean hydrogen (via The Washington Post)
US solar installations expected to jump 52% to nearly 32 GW in 2023: SEIA (via Utility Dive)
As Google, Meta eye clean energy buys, researchers find widely used strategy has scant carbon benefits. Compared with annual matching, 24/7 green power procurements can drive “significant” cuts in carbon emissions and spur emerging technologies like long-duration storage, researchers found.
Divert breaks ground on anaerobic digestion facility driven by Washington’s organics management law (via Waste Dive)
Africa’s Vast Solar and Mineral Resources at Risk of Being Left Untapped, IEA Warns (via WSJ)
Florida tops all US states for solar installations so far in 2023 (via Tampa Bay Times)
TOGETHER WITH BEND
Every transaction, every purchase, and every service used by businesses has an environmental price tag.
In fact, Scope 3 emissions account for an astonishing 75% of organizations' total emissions, and that number is on the rise. However, calculating these emissions isn't easy.
The daunting challenge of measuring this significant part of a business's climate impact often requires hiring specialists, allocating budget, and investing time – resources many companies might not have readily available. But you don’t need a team of climate experts.
Bend is here to help businesses of all sizes grasp their environmental impact seamlessly. Every transaction, whether it's a $10 rideshare or a $50,000 invoice, comes with a real-time carbon emissions estimate. Now, you can easily understand and track the climate impact of your spending. Knowledge is the first step towards making more sustainable business choices. Make that step with Bend today.
Earn 4.75% yield on deposits and carbon removal rewards on your everyday card purchases. Free carbon accounting included.
🚙 MOBILITY / TRANSPORT
Cross-industry partnerships are a tentpole of the energy transition. How utilities are partnering with GM, BMW, Lyft and others in the auto sector to accelerate EV adoption (via Utility Dive)
California Shows an Electric-Car Uprising Headed for the US (via Bloomberg)
New York City just mandated electric ride-sharing vehicles. Other mayors should take notice. (via Smart Cities Dive)
Car rentals might be most people’s first hands-on experience with an EV. But stories like this about the inconsistent user experience risk proving out some of the bigger concerns for EV buyers like range anxiety. The Paradox of EV Car Rentals (via WSJ)
The most reliable and affordable car brand is struggling to adapt. Toyota’s Dominance Threatened by Rise of Electric Vehicles (via NYT)
Tesla to install charging stations at 2,000 Hiltons in North America (via CNBC)
🏠 BUILT ENVIRONMENT
Cities are advertising themselves as ‘climate havens.’ Experts say there’s no such thing (via The Hill)
An interesting look at the impact of rising interest rates has on all construction, not just energy deployments. How Construction Financing Remains Resilient Despite Rate Hikes (via Commercial Observer)
MONEY MOVES
FUNDING
FUNDS / GRANTS
ACCLIMATE PRO
Want to go deeper? Join a community of industry leaders, investors, entrepreneurs, and policymakers on the frontlines of the energy transition.
With Acclimate Pro, you’ll get…
Weekly analysis of the energy transition
Industry insights and deep dives
Early access to private events and new products
Access to funding, grants, and M&A database (annual only)
Get started with a FREE 14-day trial and a 50% early access discount. Offer available until September 30.
QUICK HITS
DATA POINTS
The Incredible Shrinking Energy Use of a Light Bulb. Thanks to rapid gains in efficiency, home lighting accounts for a much smaller share of the world’s power consumption than it used to (via Bloomberg)
TOGETHER WITH BEND
Bend is here to help businesses of all sizes grasp their environmental impact seamlessly. With Bend, every transaction, whether it's a $10 rideshare or a $50,000 invoice, comes with a real-time carbon emissions estimate. Now, you can easily understand and track the climate impact of your spending. Knowledge is the first step towards making more sustainable business choices. Make that step with Bend today.
Earn 4.75% yield on deposits and carbon removal rewards on your everyday card purchases. Free carbon accounting included.
GOOD READS / LISTENS
Emissions disclosure is coming — no matter what
Appalachian economy sees few gains from natural gas development
State-level building electrification factsheets via RMI
Growing the constellation - a look at satellites for methane detection
Listen: How Lunar Energy is redefining the future of home energy
POLL TIME
What topic would you like a deep dive on? |
SHARE ACCLIMATE
Do you have coworkers, friends, or family who like news and insights on the clean energy transition? Share Acclimate and get rewarded.
Acclimate covers what’s driving the clean energy transition, and why. Sign up here.
Send your feedback to [email protected] and help us stay focused on what’s driving the energy transition.
Want to support Acclimate?
Want to chat? Grab time with me to talk about partnering with Acclimate.
Talk soon,
- Rick Jarrell, Founder of Acclimate
🚀 Build. Deploy. Scale.