Companies developing small modular nuclear reactors (SMRs) have raised more than $1.5 billion in the past year, as tech companies hunger for power to train AI models and governments decide to commit to the industry. For example, X-energy raised $700 million this month, and Paris-based Newcleo raised $151 million last year, and one would be […]
Valar Atomics comes out of stealth with $19M and a pilot reactor site Read More »
Industry, data centers, and air conditioning are all expected to drive some of the fastest growth in electricity demand in years, according to International Energy Agency forecasts. The agency predicts in a forecast released Friday the world will need 4% more electricity annually through 2027. Meeting that demand will require adding more generating capacity than
Global electricity demand expected to grow 4% annually through 2027 Read More »
Microsoft has added another 389 megawatts of renewable power to its portfolio as the tech giant scrambles to meet the power demands required to match its AI ambitions. The additional renewable power spans three solar projects developed by EDP Renewables North America — two in southern Illinois and one outside Austin, Texas. Microsoft is buying
Microsoft powers AI ambitions with 400 MW solar purchase Read More »
The onshoring of battery manufacturing for EVs started as a trickle during the COVID-19 pandemic. Then it turned into a tsunami. In 2019, just two battery factories were operating in the United States with another two under construction. Today there are about 34 battery factories either planned, under construction, or operational in the country. Former
Tracking the EV battery factory construction boom across North America Read More »
Microsoft announced Thursday that it’s buying over 7 million tons of carbon credits from Chestnut Carbon. The 25-year deal would enable Chestnut Carbon to reforest 60,000 acres of land across Arkansas, Louisiana, and Texas, Axios reported. Recently, the tech company has struggled to rein in its carbon emissions as AI has driven a surge in
Microsoft signs massive carbon credit deal with reforestation startup Chestnut Carbon Read More »
Climate change increased the likelihood of the recent Southern California wildfires by 35%, according to a new study published by World Weather Attribution, a decade-old international group of climate scientists and other experts. The study comes as Los Angeles residents start to rebuild their lives in the wake of catastrophic fires that erupted earlier this
Climate change ignited LA’s wildfire risk. These startups want to extinguish it Read More »
When Edoardo Dellepiane and Raffaele Sertorio founded Niko Energy in 2023, they saw ample opportunity in Mexico’s underdeveloped solar market. Despite the fact that many parts of the country are bathed in sunlight, it has strikingly few solar installations. After more than a year of helping solar installers sell, plan, and finance panels for residential
Solar startup Niko is building Mexico’s first virtual power plant Read More »
Chinese AI startup DeepSeek stunned the world with the release of its R1 model, which appears to perform nearly as well as leading models from Google and OpenAI, despite the company’s claim that it used a relatively modest number of GPUs to train it. DeepSeek’s relative efficiency has experts and investors questioning whether AI really
How DeepSeek’s efficient AI could stall the nuclear renaissance Read More »
Jet fuel is a modern wonder, allowing commercial airplanes to carry hundreds of passengers halfway around the world and military aircraft to regularly break the speed of sound. Yet jet fuel as we know it might be on the chopping block as the world strives to eliminate greenhouse gas emissions. Commercial aviation is responsible for
Lydian can make aviation fuel wherever there’s CO2 and electricity Read More »
The massive $100 billion Stargate joint venture will reportedly be powered, at least in part, by solar and batteries. The renewable power installations will be built by SoftBank-backed SB Energy, according to a report from Bloomberg, though they’re unlikely to be the venture’s sole source of energy. Stargate is a partnership between OpenAI, Oracle, and
Stargate will use solar and batteries to power $100B AI venture Read More »
