Joon Lee

  From CTV Updates The latest news from the ClimateTech world  Three breakthrough technologies just hit major milestones: Energy Vault's 57 MW battery system went live in Texas ahead of schedule, Anax Power is harvesting clean energy from pipeline pressure alone, and Captura opened their first US manufacturing facility for ocean carbon capture. Learn More: https://lnkd.in/gRe2TDYJ  

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𝐄𝐧𝐞𝐫𝐠𝐲, 𝐂𝐥𝐢𝐦𝐚𝐭𝐞 & 𝐈𝐧𝐟𝐫𝐚𝐬𝐭𝐫𝐮𝐜𝐭𝐮𝐫𝐞 𝐌𝐢𝐜𝐫𝐨𝐠𝐫𝐢𝐝𝐬 𝐄𝐱𝐩𝐚𝐧𝐝 𝐎𝐛𝐬𝐞𝐫𝐯𝐚𝐭𝐢𝐨𝐧: An accelerating push toward community and distributed microgrids shows that regions are betting on energy independence and resilience. Localities increasingly see microgrids not just as backup, but as integral parts of their energy planning. 𝐈𝐦𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧:  Leaders at city, utility, and national levels should assess microgrid strategy on a zone-by-zone basis—evaluating which neighborhoods, campuses, or critical facilities are prime for modular deployment. #Microgrids #EnergyTransition #ResilientInfrastructure #EnergyIndependence #SustainableDevelopment #DistributedEnergy #RenewableEnergy #KSAVision2030 #Vision2030

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🚀 Thrilled to lead Ayr Energy's seed round as they reimagine the backbone of tomorrow’s power grid. As the world electrifies—driven by AI, data centers, EV adoption, and renewable energy—the demand for transformers, switch gears, and other critical grid equipment is skyrocketing. Yet, global supply chains are strained, with transformer prices up 40–60% and lead times stretching more than 3x since 2021. This is exactly the bottleneck Ayr is solving: building a resilient, cross-border supply chain from India to the U.S., unlocking underutilized manufacturing capacity, and pairing it with world-class engineering talent. What excites us most is the team. Anirudh Reddy, Rahul Arora, and Yashashvi Takallapalli bring a rare mix of technical depth, global execution experience, and commercial acumen—from stints at Eaton, Ather, Zetwerk, Stem, McKinsey, and InMobi. Together, they’re building the infrastructure essential to enable the next era of electrification. At General Catalyst, we see Ayr as a powerful example of our Global Resilience thesis: solving for critical supply chain gaps while creating scalable, high-quality industrial capacity rooted in India. Congratulations to the Ayr Energy team—we’re proud to be on this journey with you and can’t wait to see the impact you’ll create in powering the world’s future. ⚡ cc: Neeraj Arora Siddhi Kasliwal Paul Kwan

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At Anzu Partners we invest in companies tackling global challenges with breakthrough technology, and XGS Energy is a standout example. We backed XGS in 2022 because their thermal reach enhancement unlocks geothermal resources traditional methods can’t access. The result is affordable, reliable, zero-carbon baseload power for energy-hungry sectors such as data centers, semiconductor fabs, and advanced manufacturing. Since then, the XGS team has picked up impressive momentum that has surpassed our expectations. ⚡ Recent Milestones - Meta signed a landmark agreement for 150 MW of geothermal power to run its New Mexico data centers. - A new bridge round led by institutional climate investors Aligned Climate Capital , ClearSky , WovenEarth Ventures , and ClimateIC is accelerating scale-up. - The commercial-scale pilot has surpassed 1,000 operating hours in a closed-loop system that produces heat without consuming additional water. 🌍 Market Validation - Constellation , the largest U.S. nuclear operator, evaluated the geothermal landscape and chose to invest in a single company: XGS Energy. - Mano Nazar, former President of NextEra's nuclear division, joined the XGS board, adding deep technical credibility. - The Meta agreement, along with several more commercial deals in progress, confirms both product performance and cost competitiveness. We are proud to support XGS as they move from pilot to full-scale deployment and reshape the future of clean baseload power. Exciting times ahead of their Series B! Learn more about the partnership with Meta: https://lnkd.in/eQMmtiu6

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The Tailwater Capital LLC team has been reviewing this new BloombergNEF report, and the takeaway is pretty clear: AI is putting serious pressure on the grid, and natural gas is going to be a big part of the solution. BNEF now expects U.S. data center power demand to hit 106 GW by 2035, a 36% increase from just seven months ago. The scale and speed of this shift are hard to ignore. But it’s not just more data centers. They’re also getting a lot bigger. Nearly a quarter of the new projects BNEF tracked this year are over 500 MW, more than double last year’s share. To keep up, natural gas demand from U.S. data centers is forecast to grow from 1.3 Bcf/d in 2024 to 6.8 Bcf/d by 2035. That’s nearly 5x growth in just over a decade. Data centers need real energy behind them, and that’s where natural gas has a major role to play. This is why we continue to believe in an all-of-the-above energy strategy at Tailwater. If we’re going to meet this kind of load growth while keeping power reliable and affordable, natural gas needs to stay in the mix. Full article here: https://bit.ly/4p6gF3H

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Today, Fervo Energy announced a $462M oversubscribed Series E led by B Capital, a meaningful step forward for geothermal as a source of firm power. From the early commercialization of its Project Red pilot with Google, to the buildout of Cape Station in Utah, Fervo Energy has progressed steadily from pilot to commercial scale. Cape Station is on track to deliver its first 100 MW of firm clean power to the grid in 2026, with a defined path to 500 MW by 2028. I’m excited to join the Board to partner with Tim Latimer, Jack Norbeck and the Fervo Energy team as they deliver 24/7 carbon-free power at infrastructure scale, working alongside Karly Wentz, Nate Johnson and Eric Brook from our team at B Capital. The availability of reliable power is emerging as a limiting factor across the global economy. Electricity demand is rising sharply, driven by AI, electrification and industrial growth. At the same time, dependable generation that can operate around the clock is increasingly limited. The gap between demand and firm supply continues to widen. And Fervo is ready to be an important part of the solution. Read more about Fervo and the Series E round in The Wall Street Journal: https://lnkd.in/gdjaMfbe

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