battery energy storage BESS
newcleo Raises $247 Million in SPAC Merger, Starts Trading on Nasdaq
newcleo plans to fuel its reactors with recycled nuclear material. The SPAC deal that took it public set a pre-money value of about $2.4 billion. On day one, the stock traded as high as $13.56 and as low as $7.15. Energy Vault had a steadier week. newcleo Closes SPAC Merger, Raises $247 Million, Starts Trading…
AI Power Crunch Drives Two Cleantech Companies to On-Site Power Solutions
The US electric grid cannot connect new power demand fast enough. The interconnection queue for new generation and large load projects in North America now runs to more than five years on average. AI data centers need power on a timeline measured in months, not years. That gap between what the grid can deliver and…
