Welcome back to Wicked Problems. The climate tech newsletter and podcast some people are saying is like an Icelandic volcano - unstable and explosive but in a way you kindof get used to.
Another big UK battery storage deal; backing up your country to the cloud, the solution to industrial heat (spoiler: it’s probably not hydrogen); soda stream solution for carbon sequestration, and more. For November 12, here are some things that have hit our radar we thought are worth a read, watch, or listen:
1. £500m for Statera’s 16GW Pipeline
Congrats to Tom Vernon and team at London-HQ battery storage player Statera Energy and Thomas Buss and Lililya Ivanova at InfraRed Capital Partners. This week they sold Statera - which has a 16GW pipeline of battery storage, pumped hydro, hydrogen and other projects - to Swedish PE firm EQT AB Bloomberg’s Swetha Gopinath reported that the deal is worth £500 million.
Earlier this year Statera’s wrangle with local objectors to a 5-hectare battery storage site in…
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