Hyperscalers might regret embracing natural gas if new forecast proves correct
Natural gas prices could triple in some parts of the U.S., which could saddle hyperscalers with massive bills to power their AI data centers.
Climate
AI nuclear power firm Fermi finally has a new CEO
Lee McIntire, an independent member of Fermi’s board, has been hired as CEO, more than three months since the company fired co-founder Toby Neugebauer from the top post.
Tesla wants to build a $10B solar factory in Texas
Tesla wants to build a massive solar factory in Texas, but first it wants the state to chip in to defray the costs.
Form Energy raises $750M to build more 100-hour batteries for the grid
Form Energy has landed Google and Crusoe as customers. Now, it has raised $750 million to expand manufacturing to deliver its massive, 100-hour batteries.
Reservoir raises $8M to make water heaters that people — and the grid — will actually want
Reservoir has built an ultra-efficient water heater that can predict hot water demand, store energy, and detect plumbing leaks throughout a home.
Kyoto Fusioneering starts work on key fusion power plant device
Fusion power startups are turning to Kyoto Fusioneering to supply components for future power plants. The Japan-based startup just received a grant to build a part of the fuel system.
Sila lands $1.4B Pentagon loan as militaries demand more batteries
Battery materials startup Sila will use a $1.4 billion loan from the U.S. Department of Defense to scale production at its factory in Washington State.
Trump administration has spent nearly $4B to cancel offshore wind farms
The Trump administration has now convinced developers to abandon 12 offshore wind leases. The latest will cost taxpayers $1.2 billion.
SpaceX’s Terafab will rely on natural gas power plants, not Tesla solar panels
SpaceX and Tesla are building a massive semiconductor fab in Texas that will depend on natural gas power plants, not Tesla solar panels.