GridBeyond’s hardware and software coordinates several gigawatts of supply and demand to help balance the flow of electricity on the grid. The idea has attracted investors like Samsung Ventures.
The duo have teamed up with other companies to launch Utilize, which seeks to change how the grid is used and regulated.
Startup Hyperscale Power is developing technology that promises to shrink power transformers, freeing up precious space within data centers.
Form Energy’s iron-air batteries will store wind and solar power to keep the data center running 24/7.
The technology promises to replace several parts of the grid with one device that’s both controllable and updatable.
If completed, the project would be among the largest and most expensive natural gas power plants.
Tesla alumni Drew Baglino raises a large round to build a giga-scale factory, this time at his own startup.
The startup is making solid-state transformers capable of intelligently aggregating power from a number of different sources before sending it to data center racks.
Tem has built a transaction engine that relies on AI to cut costs. Lightspeed led the round to help the startup expand to the U.S. and Australia.
The startup has raised more than $500 million, to date, from investors to build a massive, distributed power plant supported by residential batteries.