GatesBacked

Bill Gates’ nuclear energy company is set to construct next-generation nuclear power plants in the US, with plans to commence building in Kemmerer, Wyoming, using liquid sodium cooling technology and aiming for operation by 2030.Chris Levesque, CEO of TerraPower, told the Financial Times (FT) that his firm would start building at a site near a coal plant in Kemmerer, Wyoming, in June, even if the company hasn’t received a construction permit from regulators by then.TerraPower was co-founded by Gates in 2006 and focuses…

A startup backed and incubated by Bill Gates' Breakthrough Energy Ventures has engineered a hybrid technology that  combines engineering with natural photosynthesis processes to remove carbon dioxide from the atmosphere and store it underground.  “It's important to understand that carbon removal is not an excuse to keep emitting, or to slow down our transition to a clean energy economy — we need to keep innovating as fast as we can,” Gates wrote in his firm's “State of the Transition 2023” report, released today. “But…

US-based brain interface startup, Synchron, backed by Amazon founder Jeff Bezos and Microsoft co-founder Bill Gates, is working on technology designed to transform daily life for people with paralysis.Synchron is part of an emerging crop of companies testing technology in the brain-computer interface industry, reports CNBC.The Synchron Switch is implanted through the blood vessels and allows patients to operate technology using only their minds.So far, the experimental technology has been tested on three patients in the…

Form Energy Inc., an energy-storage company backed by Bill Gates’s Breakthrough Energy Ventures, is planning a $760 million factory in West Virginia, the latest plant announced in the aftermath of President Joe Biden’s landmark climate law. (Bloomberg) -- Form Energy Inc., an energy-storage company backed by Bill Gates's Breakthrough Energy Ventures, is planning a $760 million factory in West Virginia, the latest plant announced in the aftermath of President Joe Biden's landmark climate law.After years of depending on…

A startup backed by investors including Bill Gates is racing to build what could be the first silicon wafer factory for solar panels in the U.S., the latest example of the influence of recent legislation offering tax credits for green-energy projects. Silicon wafers are a key piece of the solar supply chain, and China controls 97% of it. There are currently no factories to make wafers for solar panels in the U.S., and the Energy Department has said building them should be a priority, since they could…