Climate

The Nuclear Company raises $51M to develop massive reactor sites

The Nuclear Company is taking an old approach to building new nuclear reactors. Rather than gin up a new design or try to mass manufacture smaller reactors, it wants to develop a series of reactors using existing designs. The two-year-old startup announced a Series A last month that included investments from CIV, Goldcrest Capital, MCJ […]

The Nuclear Company raises $51M to develop massive reactor sites Read More »

House GOP wants to cut parts of the Inflation Reduction Act while sparing others

Republican leadership in the Ways and Means committee of the U.S. House of Representatives released Monday night a draft of a reconciliation bill that seeks to undo much of the Inflation Reduction Act. The landmark 2022 law implemented a range of incentives that spurred the production of clean energy, electric vehicles, carbon capture, and battery

House GOP wants to cut parts of the Inflation Reduction Act while sparing others Read More »

GM’s new ‘manganese rich’ battery promises cheaper EVs in 2028

General Motors revealed Tuesday a new battery chemistry called lithium-manganese-rich (LMR), which it says should slash costs while delivering driving range that’s just shy of the most advanced batteries on the market.  “With LMR, we can deliver over 400-mile range in our in our trucks while significantly reducing our battery costs,” Kurt Kelty, GM’s vice

GM’s new ‘manganese rich’ battery promises cheaper EVs in 2028 Read More »

InventWood is about to mass produce wood that’s stronger than steel

It sounds like the stuff of science fiction, but it actually comes from a lab in Maryland. In 2018, Liangbing Hu, a materials scientist at the University of Maryland, had devised a way to turn ordinary wood into a material stronger than steel. It seemed like yet another headline grabbing discovery that wouldn’t make it

InventWood is about to mass produce wood that’s stronger than steel Read More »

Layoffs hit General Fusion as the fusion power startup runs short on cash

General Fusion laid off at least 25% of its employees last week, just days after hitting a key milestone for its latest fusion demonstration device. CEO Greg Twiney posted an open letter on the company’s website Monday saying that while its new LM26 device had been able to compress a plasma — something necessary for fusion

Layoffs hit General Fusion as the fusion power startup runs short on cash Read More »

Durin digs up $3.4M to automate drills for critical minerals exploration

Finding new sources of critical minerals is a costly business. Worldwide, companies spent $12 to $13 billion on exploration in 2023. The upshot: mining is the definition of a hit-or-miss business. Companies today use advanced models of the Earth’s crust to pinpoint the best prospects, but even then only about three out of 1,000 attempts

Durin digs up $3.4M to automate drills for critical minerals exploration Read More »