Breakthrough Energy

Bill Gates’s old climate lobbyists launch a new firm

Back in March, Bill Gates’s Breakthrough Energy organization disbanded its energy policy team, cutting dozens of staffers. Now, some of them have founded a new organization, the nonprofit Clean Economy Project. Similar to Breakthrough Energy, the organization is betting that clean energy can beat fossil fuels on cost, if not today then in the near […]

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Terra Oleo’s oil-producing microbes could replace destructive palm oil plantations

When most kids rebel against their families, they might become a ski bum, join a band, or go to art school. Shen Ming Lee decided to start a company. “I grew up in the conventional palm oil industry,” Lee told TechCrunch. “My family’s business is one of the top producers in the palm oil space.

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How Bill Gates’s fellowship program is adapting to global uncertainty

There’s plenty of uncertainty to go around this year, including a global trade war, shifting policy priorities, and an economy that’s starting to stumble. Breakthrough Energy, a climate tech organization founded by Bill Gates, has also been shifting in response. The group always placed long bets, though it appears to be reappraising some of them.

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Fervo Energy lands $206M in financing to build massive geothermal power plant

Geothermal frontrunner Fervo Energy said Wednesday that it had secured $206 million in financing to continue work on a new power plant in Utah.  The startup is developing what promises to be the largest enhanced geothermal power plant in the world. The initial phase of Cape Station is expected to come online next year and

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Hoofprint Biome boosts cow nutrition while slashing methane burps

Sometimes, answering a long-standing problem is a matter of finding a new perspective. Take methane from cows: For years, people have been trying to eliminate the gas from cow burps in an attempt to limit the livestock’s impact on the climate. But they haven’t made a dent. That’s in part because they were looking at

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Why Bill Gates’ Breakthrough Energy and other investors are scouring universities for founders

The humble garage is so steeped in Silicon Valley lore it’s almost cliché. Yet that’s exactly how Caleb Boyd and Kevin Bush started Molten Industries: in the garage of the Stanford professor’s on-campus home, where Kevin rented an apartment. It had everything they needed: space and, most importantly, power. The two wanted to break methane’s

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