Breakthrough Energy Ventures

Airloom Promises To Slash Wind Power Costs, Attracts Investment From Bill Gates

Bill Gates has backed Airloom Energy, a Wyoming-based wind energy startup, which claims to have created a technology which claims to slash wind turbine costs by nearly 70%. Founded by Robert Lumley, Airloom is led by Neal Rickner, who has also spent time (nearly a decade) at Google and Google[x] leading teams, most notably serving […]

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Heat Battery Storage Firm Rondo Energy Secures $60 Million Funding

Rondo Energy, a leading provider of zero-carbon industrial heat and power, has raised $60 million in a new financing planned to speed the rollout of Rondo Heat Batteries (RHBs) worldwide and to transform the global energy storage market. The financing brings together funding from current Rondo investors Breakthrough Energy Ventures, Energy Impact Partners, SCG, and TITAN, industrial […]

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Bill Gates-Backed US Firm to Pour $300 M in India’s Module Production

US-based 1366 Technologies has plans to invest $300 million to set up a 2 GW solar wafer and cell manufacturing facility in India under the government’s production-linked incentive (PLI) scheme. The firm produces silicon wafers by casting them in their ultimate shape directly in a mold, rather than the prevailing standard method in which wafers are […]

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Bill Gates and other Top Elites commits $1 billion fund to fight climate change through energy innovation

When President-elect Donald Trump doubled down on his doubts about climate change, Bill Gates, Jack Ma, Jeff Bezos, Vinod Khosla, John Doerr and 15 other high-profile tech heavyweights have together come forward to form a new venture firm, Breakthrough Energy Ventures and announced a $1 billion fund dedicated clean energy innovation. Though the official announcement […]

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