Geothermal startup Quaise Energy raised $134 million to develop technology for drilling superhot rocks.

Geothermal startup Quaise Energy raised $134 million to develop technology for drilling superhot rocks.

Invenergy LLC is accelerating its acquisitions of US geothermal leases just as the Trump administration canceled four of the company’s offshore wind leases worth $765 million.

As AI’s power demand surges, carbon prices rise and a startup launches a new geothermal plant design.

The collective, known as Frontier, pools money to buy carbon removal from startups developing durable climate solutions.

Amazon.com Inc. said its data centers used 2.5 billion gallons of water worldwide last year, or about 5% of the amount metro Seattle consumes annually.

The company has raised funds from investors including Bill Gates’ Breakthrough Energy Ventures and Nvidia’s venture arm.

Gigascale Capital closed a $250 million fund for early-stage startups. 

Five years after Transition Ventures was founded to back early-stage climate startups, the London-based venture capital firm has raised a new $150 million fund, with a focus on power, artificial intelligence, robotics and critical materials.

SoftBank Group Corp.-backed digital infrastructure firm SB Energy Corp. plans to file a confidential draft registration statement for a proposed initial public offering in the US, the company said in a Wednesday statement.

Wholesale power prices surged as heat descended on the US East, prompting the region’s grid operator to declare a low-level emergency for Tuesday.

Winds that drove a fast-moving brush fire across Southern California’s Simi Valley eased overnight, slowing the blaze’s spread, but dangerous conditions persist as hundreds of firefighters tackle the flames.

A group of US solar manufacturers alleged Tuesday that some overseas panel makers are using production in Ethiopia to evade tariffs on Chinese components.

The firm plans to power data centers on a grand scale but has struggled to secure clients.

Fervo Energy Co., a geothermal energy developer, is looking to raise as much as $1.33 billion in a US initial public offering, as more firms seek to capitalize on the growing power demand for data centers.

Now the ex-CEO is waging a battle for Fermi’s future and its vision of atomic-powered data centers in the Texas panhandle. 

Now the ex-CEO is waging a battle for Fermi’s future and its vision of atomic-powered data centers in the Texas panhandle. 

By pairing energy storage with natural gas, hyperscalers are able to get power faster and do so behind the meter.

In their quest for power, data centers are building gas and battery power off the grid.

By pairing energy storage with natural gas, hyperscalers are able to get power faster and do so behind the meter.