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Climate Tech

The Generate Capital logo with a pink slip.
Climate Tech

After Replacing Its CEO, Generate Capital Lays Off Staff

“We grew quickly and made some mistakes,” Generate executive Jonah Goldman told Heatmap.

Politics

Trump’s DOE Moves to Cancel Direct Air Capture Hubs in Texas, Louisiana

A new list of grant cancellations obtained by Heatmap includes Climeworks and Heirloom projects funded by 2021 infrastructure law.

AM Briefing

Solar Shines

On Trump’s metal nationalization spree, Tesla’s big pitch, and fusion’s challenges

Blue
Climate Tech

This Fusion Company Is Already Making Money

Shine Technologies is getting close to breakeven — on operations, at least — by selling neutrons and isotopes.

Green
Piecing it together.

The Climate Tech Coalition Boom

Some of the industry’s biggest names are joining forces to keep the momentum moving forward.

Green
A Ford dealership.

The End of the EV Tax Credit

On Trump’s coal push, PJM’s progress, and PG&E’s spending plan

Green
Climate Tech

XGS Energy’s Closed-Loop Geothermal System Aces Its Field Test

The company is vying to challenge Fervo for leadership in the next-generation geothermal market.

XGS Energy.
<p>Heatmap Illustration/XGS Energy, Getty Images</p>

The geothermal startup XGS Energy has now completed four months of tests to see whether its technology can maintain steady production of heat at temperatures above what’s needed to generate energy. Over 3,000 hours, the company monitored the drilling process and checked how heat flowed from its wells, the status of their temperature, and how precisely XGS’ mathematical predictions matched the outcome of the testing.

The results, which the company shared exclusively with Heatmap, were “almost too good,” XGS CEO Josh Prueher told me.

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Climate Tech

If Natron Couldn’t Make Batteries in the U.S., Can Anyone?

The failure of the once-promising sodium-ion manufacturer caused a chill among industry observers. But its problems may have been more its own.

An out of business battery pack.
<p>Heatmap Illustration/Natron, Getty Images</p>

When the promising and well funded sodium-ion battery company Natron Energy announced that it was shutting down operations a few weeks ago, early post-mortems pinned its failure on the challenge of finding a viable market for this alternate battery chemistry. Some went so far as to foreclose on the possibility of manufacturing batteries in the U.S. for the time being.

But that’s not the takeaway for many industry insiders — including some who are skeptical of sodium-ion’s market potential. Adrian Yao, for instance, is the founder of the lithium-ion battery company EnPower and current PhD student in materials science and engineering at Stanford. He authored a paper earlier this year outlining the many unresolved hurdles these batteries must clear to compete with lithium-iron-phosphate batteries, also known as LFP. A cheaper, more efficient variant on the standard lithium-ion chemistry, LFP has started to overtake the dominant lithium-ion chemistry in the electric vehicle sector, and is now the dominant technology for energy storage systems.

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