a16z-backed Base Power is offering cheaper electricity to the power grid that needs it most
Base Power is skipping the PJM’s troubled interconnection queue by placing its batteries at people’s homes, offering backup services in exchange.
Base Power is skipping the PJM’s troubled interconnection queue by placing its batteries at people’s homes, offering backup services in exchange.
Electricity demand from AI data centers is pushing everyone — including automakers like GM and Ford — into the energy storage business.
Electricity demand from AI data centers is pushing everyone — including automakers like GM and Ford — into the energy storage business.
Ambrosia Energy wants to build power plants in less than 12 months while undercutting natural gas. It hopes to build gigawatts worth by 2030.
GM is developing an entirely new sodium-ion battery chemistry for use in everything from data centers to its own factories.
Form Energy and Redwood Materials both received orders from the data center developer.
Power has become one of the biggest bottlenecks in rolling out new AI data centers. That’s creating an opening for investors.
The duo have teamed up with other companies to launch Utilize, which seeks to change how the grid is used and regulated.
The deal paves the way for Form Energy to raise a new funding round before potentially going public next year.
The startup has raised more than $500 million, to date, from investors to build a massive, distributed power plant supported by residential batteries.