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U.S. battery startups hit a rough patch when the One Big Beautiful Bill eliminated battery and EV incentives, undercutting a chunk of future demand. But recently, they’ve found a lifeline in the defense world, helping to power everything from drones and torpedoes to infantry radios and fighter jets. The Trump administration, despite its open disdain…
Competition is heating up in the race to install home battery systems, with heavy hitters and nimble startups all vying for a piece of the market. Tesla may have led the pack for years, but recently it has been feeling the heat from upstarts like Base Power, which has raised $2 billion in less than…
Over the last several years, fusion power has gone from the butt of jokes — always a decade away! — to an increasingly tangible and tantalizing technology that has drawn investors off the sidelines. The technology may be challenging to master and expensive to build today, but fusion promises to harness the nuclear reaction that…
Fermi, the AI nuclear power firm, has named a new CEO more than three months after firing co-founder Toby Neugebauer from the top executive post. Fermi said Wednesday it has hired Lee McIntire, an independent member of the company’s board who has held chief executive positions at CH2M Hill and TerraPower, the nuclear power startup…
It’s hard to imagine a home appliance more forgotten — yet more consequential — than the water heater. Most people only think of water heaters when their shower runs cold, but they represent about 18% of a household’s total energy budget and are one of the main causes of residential water damage. To Luke Winston-Almanzar,…
As part of a planned data center in Pecos County, Texas, Amazon is investing in an on-site power plant that could become the largest source of climate pollution in the United States, according to The New York Times. The NYT says the plant would burn natural gas and is permitted to release 33 million tons…
The Trump administration is paying another $1.2 billion to cancel an offshore wind lease, this time to German utility RWE. The energy company said in an announcement that the wind farms would have been built off the coasts of California, Louisiana, and New York. Instead, RWE will spend $900 million to buy a small stake…
Commonwealth Fusion Systems (CFS) is the best funded fusion power startup, having raised $4 billion from investors over the last seven years, including the $1 billion the company has raised now. Now, developments at CFS, plus rumblings from industry sources TechCrunch has spoken with in recent months, suggest that the startup might go public in…
The largest electrical grid in the U.S. has struggled to cope with an onslaught of data centers. Now, after an auction to add more generating capacity fell short, the grid’s operator, PJM Interconnection, has said it will cut off data centers and other large users during power shortages. The decision arrives as the breakneck pace…
For hard-tech startups, manufacturing is a pricey endeavor. Now, Thea Energy has a leg up courtesy of a Department of Energy grant. The fusion power startup told TechCrunch Monday that it has received a $20 million award from ARPA-E to help manufacture its modular high-temperature superconducting (HTS) magnets. HTS magnets are costly but important components…