Tag: Bill Gates
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Bill Gates-backed Denver startup’s secretive entry to green energy could tap $1 trillion market
Funded by billionaire Bill Gates, a secretive local Denver startup is developing green energy technology that could potentially tap a $1 trillion market. Denver-based company Koloma is developing methods to extract hydrogen more effectively, using proprietary technologies and AI, according to a recent report from Forbes. Koloma has quietly raised $91 million from Gates’s Breakthrough…
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Rust never sleeps — Xcel iron-air grid battery project gets $10 million boost
A new, longer-duration grid scale battery storage technology under development is getting a big financial boost. Xcel Energy is partnering with Form Energy, an energy storage technology company, to build a 10-megawatt commercial iron-air battery demonstration project at the soon-to-be shuttered Comanche power plant site near Pueblo. A commitment of $10 million in grant funding…