A new heat-resistant nanophotonic material has broken records for stability at high temperatures, and shows promise for use to turn heat into electricity. Research at the University of Michigan might be used for more efficient electricity production from thermal radiation. A team of chemical and materials science engineers developed the material, which can control flow…
A new heat-resistant nanophotonic material has broken records for stability at high temperatures, and shows promise for use to turn heat into electricity. Research at the University of Michigan might be used for more efficient electricity production from thermal radiation. A team of chemical and materials science engineers developed the material, which can control flow…
According to a new report out from IDTechEx, electric car sales have hit new records as governments double down on support for the sustainable energy future. “While 2022 continues to add to the challenges electric vehicle (EV) makers face, markets are still growing,” the report states. “Indeed, electric car sales for the first half of…
A new study from the University of Michigan shows that local wind and solar jobs can fully replace the coal plant jobs that will be lost as the nation shifts from coal to clean energy for power generation over the next few decades. In 2019, 80,000 workers at more than 250 plants in 43 U.S. states…
North American EV charging company FLO has just announced plans to open its first U.S. manufacturing facility in Michigan in 2022. This is part of a plan to accelerate execution of its U.S. market strategy to support electric vehicle charging infrastructure. FLO’s new facility will be located in the north Detroit suburb of Auburn Hills, and expects the new location will make a major contribution to Michigan’s electrification future.
Ann Arbor-based renewable energy O&M solutions startup SkySpecs has just announced an $80 million strategic capital raise led by the Sustainable Investing business within Goldman Sachs Asset Management with additional participation from a subsidiary of NextEra Energy Resources and other existing SkySpecs investors including Statkraft Ventures, Equinor Ventures, Evergy Ventures, UL Ventures and Huron River Ventures. This is one of the biggest startup raises in Michigan history.
Evergreen Climate Innovation’s 501vc Investment Fund now invests $200k – $300k in early-stage climate tech startups in the Greater Midwest. This climate tech-focused investment fund is looking to support climate startups specifically in the tech space that are headquartered in places like Michigan, Ohio, Pennsylvania, Indiana, and the surrounding states, a location that is historically under-funded for climate tech.
The Clean Energy Business Network has created a database of funding opportunities for cleantech businesses. This helps pair eligible businesses with funding for climate technologies based on stage of the company or technology and by industry. As businesses become more aware of their climate impact and look for ways to green their business processes or technology, we wanted to highlight some ways to connect with people who can provide technology or help cleantech entrepreneurs grow their business anywhere in the U.S.
University of Michigan students and faculty have just launched a student-run investment fund focused on supporting early-stage climate tech companies.
In June, Aeroseal, LLC, a climate tech company shrinking carbon emissions from residential and commercial buildings, announced it raised $22 million in funding. The Series A round was led by Breakthrough Energy Ventures (BEV) with participation from Energy Impact Partners and Building Ventures.
Combining a shift to electric vehicles over the next decades and paying to offset emissions, General Motors announced yesterday a plan to finally put internal combustion engines and their climate-altering pollution in the rearview within 2 decades. Historically, GM is not known for quick corporate change or for prioritizing the planet over shareholder value, but the writing has been on the wall now for over a decade between government regulations and urgent climate change priorities shifting how consumers aim to purchase next vehicles. GM has worked for a number of years to retrofit older vehicle designs with hybrid and electric options, and recently put nearly all of its R&D budget into designing electric vehicles from the ground up, signaling a serious commitment to EVs. Currently, electric vehicle sales are in the single digits percentage-wise of vehicles sold, but rising quickly as more practical options become available and rapid charging becomes viable for the average consumer.
