Climate Tech Newsletter: March 01, 2025

Welcome to last week’s edition of the CBKNY’s Weekly News Highlights. Explore the latest policies, innovations, and market trends driving the future of climate tech.

Climate Tech Insights

Texas, Germany revisit nuclear; Blackstone launches $5.6B fund; hydrogen storage investment grows

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1. The best time to stop a battery fire? Before it starts.

   February 27, 2025 - MIT Technology Review

2. British energy secretary to visit China in March to restart energy talks, sources say
   February 28, 2025 - Reuters

3. As Trump slashes climate action, can states and cities pick up the slack?

   February 27, 2025 - Reuters

4. King coal to stay top in India despite big clean power pipeline

   February 27, 2025 - Reuters

5. United Airlines Backs Carbon Removal Tech Company Heirloom

   February 27, 2025 - ESG Today

6. Microsoft Signs Deal to Deploy Renewable Energy in Underinvested Communities
   February 27, 2025 - ESG Today

7. Brookfield Acquires National Grid’s U.S. Renewables Business for $1.7 Billion
   February 26, 2025 - ESG Today

8. Land is hard to find for solar farms. Asia’s answer? Float them

   February 17, 2025 - Cipher

9. One way data centers can help the grid? By being flexible
   February 27, 2025 - Canary Media

10. Duke Energy quietly proposes second massive gas plant in North Carolina

    February 27, 2025 - Canary Media

11. IDC Ventures unveils €150M venture fund, aiming to diversify tech investments across Europe and beyond

    February 27, 2025 – Tech Funding News

12. Mitico raises $4.3M seed round to capture CO2 using ‘prehistoric chemistry’
    February 25, 2025 - TechCrunch

13. German startup wins accolade for its fusion reactor design

    February 25, 2025 - TechCrunch

14. Recycling Perovskite Solar Cells With Water

    February 25, 2025 - IEEE Spectrum

15. Ford’s EV transition made combustion engineers expendable
    February 24, 2025 - IEEE Spectrum

16. Texas Wants to Be a Nuclear Power

    February 24, 2025 - Inside Climate News

17. Conservatives Win in Germany, But New Chancellor Will Be Limited in Ability to Make Big Changes to Climate and Energy Policy
    February 24, 2025 - Inside Climate News

18. Blackstone Closes $5.6 Billion Energy Transition Fund, 33% Larger Than Predecessor

    February 27, 2025 - ESG News

19. Kern Energy Invests in California Hydrogen Storage and Fuel Cell Project

    February 26, 2025 - Climate Insider

20. U.S. Data Centers' Power Demand Surges to 46,000 MW: What's Driving the Growth?
    February 28, 2025 - Carbon Credits

21. Microsoft Invests in Clearloop’s Solar Projects to Drive Grid Decarbonization in America

    February 26, 2025 – Carbon Credits

22. BYD and Saudi Arabia Tandem for World's Largest Battery Energy Storage Project

    February 20, 2025 – Carbon Credits

23. BP Rolls Back on Net Zero Goals, Bets $10B on Fossil Fuels: A Smart Move or a Climate Setback?
    February 27, 2025 - Carbon Credits