Google invests in Fervo’s $462M round to unlock even more geothermal energy
Fervo Energy’s Series E round will help the company build additional phases of its Cape Station power plant while beginning development on new sites.
Boom Supersonic raises $300M to build natural gas turbines for Crusoe data centers
Crusoe will pay Boom $1.25 billion for more than a gigawatt of generating capacity with deliveries of the turbines starting in 2027.
Environmental groups call for halt to new data center construction
More than 230 organizations signed a public letter urging members of Congress to take action.
Heat pump startup Quilt raises $20M Series B to expand sales
Quilt has sold nearly 1,000 units in the U.S. and Canada, and the new funding should help expand sales operations to more states and provinces.
Energy storage industry set aggressive goals for 2025 — and already crushed them
The battery storage industry in the U.S. has grown in leaps and bounds in recent years, surpassing its most aggressive targets to become one of the largest new sources of power on the grid.
Trump administration rolls back fuel economy standards, again
The regulatory decision would make it harder for future administrations to implement stricter fuel efficiency standards.
Energy department hands out $800M in grants for small nuclear reactors
The Tennessee Valley Authority and Holtec were awarded substantial grants to build one reactor in Tennessee and two more in Michigan.
Microreactor startup Antares raises $96M for land, sea, and space-based nuclear power
Antares is designing and building small modular reactors that it plans to deploy for commercial, space, and defense applications.
Zillow drops climate risk scores after agents complained of lost sales
The move is a loss for homebuyers, who through Zillow had ready access to a property’s climate risk scores from First Street.
Data center energy demand forecasted to soar nearly 300% through 2035
New planned data centers promise to consume even more energy than expected. Meanwhile, a grid monitor is blaming such growth for high electricity prices.