Cleantech & EV’s

GM Ventures and Stellantis Ventures have joined a growing list of investors that have recently raised $33 million in additional funding for Niron Magnetics – a company developing proprietary Clean Earth Magnets based on Iron Nitride that function without rare earths or other critical materials used in today’s EVs. Niron Magnetics is a technology company spun out from a program at the…

Gogoro, a leading player in the battery-swapping electric scooter market is taking a page out of Apple’s book. Or more accurately, it’s working with the consumer electronics giant to incorporate key Apple features directly into its scooters. The company announced today that it would start leveraging its scooters’ NFC keyless unlocking along with Apple Wallet to let users activate and lock…

Ørsted will roll out artificial intelligence (AI) across 5.5 gigawatts (GW) of its land-based wind, solar, and energy storage assets in the US. Ørsted says it’s deploying AI in the US to increase energy production, decrease maintenance costs, and improve operational efficiency.  The Danish renewables giant has gotten a lot of negative press (and taken some serious financial hits) this week…

The US Energy Information Administration (EIA) expects annual solar generation to surpass annual hydropower generation in 2024 for the first time. The EIA’s “Short-Term Energy Outlook,” released today, forecasts that the US will generate 14% more solar electricity than hydropower in 2024. That’s based on continued growth in new utility-scale and small-scale (e.g., rooftop) solar. From…