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A leading nuclear science and technology group in Canada, along with the investment arm of one of the country’s top banks, said they together would invest about CA$ 20 million ($ 14.6 […]
The post Canadian Groups Invest Millions to Support Commercial Fusion Energy appeared first on POWER Magazine.
The post Buffett Still Banking on Energy—BHE Announces Canadian Wind Farm appeared first on POWER Magazine.
The evolving landscape of power includes not only new types of generation, but also involves new investors, including some of the most well-known names in global business.
Bill Gates, who co-founded Microsoft with the late Paul Allen, formed Breakthrough Energy Ventures (BEV) in 2016, a group that supports battery energy storage, nuclear power innovation, geothermal, and hydropower technology, among others. Amazon’s Jeff Bezos, ranked as the world’s richest individual in Forbes magazine’s annual rankings of billionaires (Gates is second), also is an investor in BEV, and Amazon Web Services (AWS) topped 50% renewable energy usage in 2018. AWS operates several wind and solar farms.
Michael Bloomberg, the media mogul and former New York City mayor, is an investor in BEV. So is Virgin’s Richard Branson, and Alibaba’s Jack Ma.
Warren Buffett is ranked third on Forbes’ list.…