TerraPower, the nuclear innovation company founded by Bill Gates, announced a $750 million funding raise co-led by Gates himself and SK Group from South Korea.
Advanced nuclear reactor developers are set to lose access to a critical source of fuel as the West breaks commercial ties with Russia, threatening to disrupt the deployment of the nuclear technologies that are considered integral to energy security and climate change mitigation.
Dow, a leading global materials science company, and X-energy, a nuclear energy innovation company, signed a letter of intent which will help Dow advance its carbon emissions reduction goals through the development and deployment of X-energy s advanced small modular nuclear reactor (SMR) technology in the US. Dow and X-energy will.
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Today we take the unusual step to devote a write up to highlight two significant commercial developments for a single company because of their importance for decarbonization of the.