climate tech

Fervo Energy priced 70 million shares at $27 each on May 13, surging 33% on its first trading day to push its market cap past $10 billion.

Swedish startup SaltX Technology and cement giant Holcim have produced Portland-quality clinker using electricity alone, replacing the rotary kiln with a new Electric Clinker Reactor.

The 30 MW EFGL project off southern France began generating electricity on May 4, marking a milestone for floating offshore wind and anchoring a larger 250 MW follow-on.

Fervo Energy, the Houston enhanced geothermal developer behind Utah's Cape Station, filed an S-1 with the SEC on April 17 to list on the Nasdaq as FRVO, with banks led by J.P. Morgan and a private valuation around $3 billion.

A Nature Energy paper from Nanchang University achieves 26.61% certified efficiency with cesium doping, while a private Chinese cell surpasses all single-junction silicon cells at 27.98%.

Microsoft staff have informed carbon removal developers that the company is pausing new purchases, a move that rattles a market in which the tech giant accounted for 96 percent of 2025 credit purchases.

Merino Energy debuts the Mono, a single-unit heat pump that plugs into a standard 120-volt outlet and costs roughly half the price of a conventional mini-split, as California races to install millions of heat pumps by 2030.

The North Carolina startup says its electro-thermal sorbent system operates at more than double the efficiency of thermal competitors, with 3-5x lower capital costs, after years of DOE-backed development.

Carbon TerraVault has completed construction of carbon capture equipment at Elk Hills and targets first CO2 injection in spring 2026, marking a milestone for California's carbon management ambitions.

Bill Gates' Breakthrough Energy has shut down new investments from its Catalyst project-finance fund, compounding pressure on climate startups already losing federal support under the Trump administration.