Breakthrough Energy Ventures
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Wind
Bill Gates-Backed Group Secures Funding for New Wind Energy Project
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, […]
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Energy Storage
Bill Gates-Backed Group Supporting New Energy Storage Technology
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 […]
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News
Buffett Still Banking on Energy—BHE Announces Canadian Wind Farm
The evolving landscape of power includes not only new types of generation, but also involves new investors, including some of the most well-known names in global business. Bill Gates, who co-founded Microsoft with the late Paul Allen, formed Breakthrough Energy Ventures (BEV) in 2016, a group that supports battery energy storage, nuclear power innovation, geothermal, […]
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News
Bringing the Heat: Geothermal Making Inroads as Baseload Power
It’s energy that has been around forever, used for years as a heating source across the world, particularly in areas with volcanic activity. Today, geothermal has surfaced as another renewable resource, with