Bill Gates

TerraPower, the nuclear energy company founded by former Microsoft CEO and co-founder Bill Gates, announced it has a memorandum of understanding with a major U.S. data center developer to deploy advanced nuclear reactors to power existing and future facilities. TerraPower on Jan. 21 said it will work with Sabey Data Centers (SDC) on “a strategic […]

A fusion energy company that counts executives such as Eric Schmidt and Bill Gates among its backers has emerged from stealth, announcing $900 million in pledged funding. Pacific Fusion, whose technology builds on recent fusion advances at two U.S. national labs, is the latest U.S.-based group to join a growing list of companies working on […]

A startup company whose investors include Breakthrough Energy Ventures, the group led by Microsoft founder Bill Gates, said it has received about $14 million in new funding in support of a pilot project in Wyoming. Airloom Energy has said its technology is prepared to “revolutionize” wind power through the company’s new design for wind turbines, […]

Bill Gates’ nuclear innovation firm TerraPower has broken ground on the non-nuclear portion of Kemmerer Unit 1, a 345-MW Natrium sodium-cooled fast reactor (SFR) power plant. The groundbreaking on June 10 makes the federal demonstration project the first advanced nuclear reactor project to move from design into construction in the Western Hemisphere, the company noted. […]

A group established by Microsoft founder Bill Gates is preparing to begin construction of a new generation of nuclear power plants in June, according to the company’s chief executive. Chris Levesque, CEO of TerraPower, on March 18 said the company is ready to move forward with work on its Natrium reactor at the site of […]

A Massachusetts-based group developing an energy storage system to support renewable energy resources is moving forward with plans for a prototype facility outside Boston. Fourth Power on Dec. 12 said it received $19 million in funding to help scale its technology, which the company said is more cost-effective than lithium-ion (li-ion) batteries and will provide […]

A battery manufacturing company with plenty of high-profile financial backing said it has picked a site for its first factory that will build “iron-air” batteries. Form Energy touts its technology as a breakthrough for long-duration storage of solar and wind power. Form, which counts Microsoft founder Bill Gates, Amazon’s Jeff Bezos, and British tycoon Richard […]

Improvements in nuclear power technology are being driven by research into safer reactor designs and new fuel types, including smaller reactors that offer flexible siting options with modular construction

A subsidiary of one of India’s largest conglomerates announced two deals as part of its plan to invest more than $10 billion in renewable energy assets over the next few years. Reliance New Energy Solar (RNESL), part of Reliance Industries Ltd., on Oct. 10 said it was buying Norwegian-headquartered solar panel maker REC Solar Holdings […]

Geothermal energy has been around forever, used as a heating source across the world. Today it has surfaced as another renewable resource, with advancements in drilling technology bringing down costs and opening new areas to development. In conjunction with the feature article on geothermal in the May 2019 issue of POWER, we sought opinions from […]