Not everyone has summer holidays. Those building or preparing to build a FOAK worked tirelessly through July, whether signing deals in boardrooms or pouring concrete at sites. Here are some July FOAK highlights: - SMR just got beaten at their own game - on speed and cost- by a very ordinary nuclear power plant. In China, of course. - ATOME Villeta project saga continues - and Another example how EU consistently undermines its own climate goals.

June served up a mixed plate: real construction milestones in nuclear, hydrogen aviation in a tailspin, and a green hydrogen project in Paraguay that went from FID to near-death in two months. Let's dig in. The Good News Kairos Power Hermes is the headliner this month. Construction is officially underway on the first licensed SMR demonstration reactor in the US in decades, at Oak Ridge, Tennessee. Federal cost-sharing helped tip this into reality alongside TerraPower. Shovels

May was a month of shovels both hitting the ground and being laid to rest, restructuring, and hydrogen projects demonstrating how initial market positioning determines whether you get an FID or get fired. Also, some familiar names are stumbling in familiar ways. The Good News Kairos Power Hermes 2 broke ground in Oak Ridge in late April/early May, making it the second advanced reactor under construction in the US alongside TerraPower. The project aims to power Google data cen

Check out what Kairos Power, Stegra, ATOME and others have been up to in their FOAK journey.

March brought a mix of real construction milestones, big financing closes, and the usual parade of announcements that may or may not lead anywhere. Let's sort the signal from the noise. The Good News Stegra (H2 Green Steel) delivered the headline of the month: all electrolyser modules are now installed at their 740 MW green hydrogen plant in Boden, Sweden. That's a real, physical milestone on what is arguably the most important green steel FOAK in the world. The financial

February was the best month for climate FOAKs since I started tracking them. A $1B battery contract. A nuclear core installed on schedule. A European steel FOAK crawling back from the brink. And one company generating more noise than any serious project — without a single credible update from the construction site. Monthly tracker inside.

Today is the first monthly check-in on the 23 FOAK climate tech projects I said I’d track publicly in 2026! FOAKs get talked about more and more, which is definitely a good thing! I’m following up on the developments of the largest and most interesting FOAK projects in climate tech. I first go over the good news, then the bad, and you’ll get an updated table at the end! The good news (actual execution happened) H2 Green Steel (now Stegra) signed a long-term supply agreement

This is a review of key successful and key failed FOAKs in 2025