In Short : A solar startup backed by Bill Gates has reportedly canceled plans for a solar panel factory in the United States. This decision suggests a reassessment of the feasibility and strategy for reshoring solar manufacturing, potentially influenced by various factors, including market dynamics and global supply chain considerations. In Detail : CubicPV Inc., […]
The world will not be able to avoid overshooting the goal established in the 2015 Paris Climate Accord to limit global warming to, ideally, 1.5 degrees Celsius compared to pre-Industrial levels, Bill Gates told Reddit users on Wednesday. While it’s “great” if people want to be vegan, Gates doesn’t think most people will do that […]
Gates has invested more than $2 billion toward climate technologies, including direct air capture, solar energy and nuclear fission. Gates reflected on 2022 and described what he’s most excited about in the year ahead He transferred $20 billion of his funds to the Gates Foundation’s endowment He also praised Warren Buffett for his contribution When […]
Bill Gates funds climate adaptation through his namesake philanthropic venture, the Gates Foundation, and he invests in climate tech companies through his investment firm, Breakthrough Energy Ventures. “Getting to zero will be the hardest thing humans have ever done,” Gates writes in his year-end letter published Tuesday. “We need to revolutionize the entire physical economy—how […]
Some of the world’s richest men, including Jeff Bezos and Bill Gates, are funding a massive treasure hunt, complete with helicopters and transmitters, on the west coast of Greenland. The climate crisis is melting Greenland down at an unprecedented rate, which — in a twist of irony — is creating an opportunity for investors and […]
Bill Gates’ multi billion dollar clean energy fund Breakthrough Energy Ventures has led a $US44 million ($A63 million) Series B funding round to automate the development, construction, and operation of large scale solar plants. The recipient of the funding – solar technology company Terabase Energy – has built the first fully digital platform which it […]
Breakthrough Energy Catalyst, a fund that sits within the wider Breakthrough Energy Group that was founded by Gates in 2015, has raised over $1.5 billion from businesses and charitable organizations so far. But Jonah Goldman, Breakthrough Energy managing director, told the FT that the fund ultimately plans to mobilize 10 times that amount. On its […]
BlackRock is making a five-year, $100 million grant from its charitable foundation. Microsoft also is donating $100 million Bill Gates raised more than $1 billion in corporate funding for Breakthrough Energy Catalyst, drawing on BlackRock Inc.’s Larry Fink and Microsoft Corp.’s Satya Nadella to rally support for some of the world’s most demanding clean-energy projects. […]
Microsoft co-founder Bill Gates on Thursday said his climate investment fund would pledge $1.5 billion for projects to combat climate change if Congress passes the infrastructure plan. The Senate’s $1.2 trillion infrastructure bill, which hasn’t yet passed through the House, provides the Department of Energy with $25 billion for climate-focused demonstration projects. Gates’ fund, run […]
Massachusetts-based Ambri is commercialising a new, long-duration battery technology that will enable widespread use of renewable energy sources, reduce electricity costs, and enable power systems to operate more reliably and efficiently. Reliance Industries’ wholly-owned subsidiary Reliance New Energy Solar Ltd (RNESL), along with strategic investors Paulson & Co, Bill Gates, and others have invested $144 […]