Amazon-backed SMR firm X-energy raises more than $1bn in IPO
Sold a total of 44.3 million shares as part of upsized offering
Sold a total of 44.3 million shares as part of upsized offering
Research to be completed at the national lab in New Mexico
Undertaken through its DCFlex initiative
Operations at the site expected in mid-2027
Both RTO's expect data centers to make up the bulk of electricity demand in the 2030s
Its first deal within the long duration storage space
Fourth pilot program undertaken by the Nvidia-backed firm
TSA establishes framework to ensure that large load data centers cover the costs for the transmission upgrades needed to support the new data center
Will combine zinc battery storage with natural gas power
Acquired remaining stake for $16.5m
Also expands existing deal with Amazon
Will focus on the US and European markets
Also partnered with academics to support research into carbon removal
Will intergrate BESS solutions with CPower's VPP platform
Third plant proposed for the site
Builds on intial 1.2GW deal inked last year
Process expected to take place from September through March 2027
Will deploy Bitcoin miners to monetize site immediately
Will be delivered over next three years
Will focus on deployment of modular energy systems
Will now move to a conference committee
Aim to colocate data centers with solar and battery sites
The BESS will be deployed at Binghamton University in New York