Katie Fehrenbacher

5 days ago | axios.com | Katie Fehrenbacher

Axios Pro Exclusive ContentIllustration: Maura Losch/AxiosCompanies have cancelled close to $15.5 billion in energy projects and factories this year, including $1.4 billion in May alone, according to a new report. Why it matters: More clean energy projects could follow if the Senate's version of the reconciliation bill passes. The Senate draft bill would slash tax credits for EVs, solar rooftops, utility solar and wind, leading to more manufacturers pulling back.

1 week ago | axios.com | Katie Fehrenbacher

Battery swapping startup Ample plans to start raising a sizable growth round later this year following the launch of its first network in Madrid, the company tells Axios Pro. Why it matters: Battery swapping for EVs is an emerging sector that has gained traction in China in recent years. What they're saying: "We're looking for capital to help us expand our commercial deployments," says John de Souza, co-founder and president of Ample.

2 weeks ago | axios.com | Katie Fehrenbacher

A Finnish startup that makes a "sand battery" says it's planning to start raising a Series A round next year, following the recent installation of its largest project. Why it matters: Thermal batteries are gaining traction as a competitive, low-carbon way to provide clean energy. Driving the news: Polar Night Energy announced this week that its sand battery is now operating in the small Finnish town of Pornainen.

2 weeks ago | axios.com | Katie Fehrenbacher

Sorcerer, a Y Combinator weather balloon startup, has raised a $3.9 million seed round, the company tells Axios exclusively. Why it matters: Betterweather data could help companies and governments navigate risk and extreme weather, but current methods are lacking. Zoom in: FCVC led the round, and was joined by Y Combinator, Collab Fund, Transpose Platform, Pioneer Fund, New Legacy and First Order Fund. Angels in the round included Kulveer Taggar and Taro Fukuyama.

3 weeks ago | axios.com | Katie Fehrenbacher

NuScale is in discussions with a majority of "tier one" hyperscalers that are interested in buying power from its advanced nuclear reactors, CEO John L. Hopkins tells Axios Pro. Why it matters: Big Tech is driving a nuclear renaissance to power AI data centers. Driving the news: NuScale received approval from the Nuclear Regulatory Commission last week for a second reactor design, uprated to 77 MW.