This is today’s edition of The Download , our weekday newsletter that provides a daily dose of what’s going on in the world of technology. Climate tech companies are going public.
ManyPress Editorial Team
ManyPress Editorial
Key facts
- •Solar and battery company Solv Energy went public in February, hitting a $6 billion valuation.
- •X-energy, which builds small modular nuclear reactors, followed at $11.5 billion.
- •Then came geothermal company Fervo Energy, reaching a market cap of about $12.4 billion.
- •All three have been IPO success stories.
- •And it doesn’t feel like a coincidence that they’re racing to provide electricity in an era of rising demand, driven partly by data centers.
This is today’s edition of The Download , our weekday newsletter that provides a daily dose of what’s going on in the world of technology. Climate tech companies are going public.
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This article was independently rewritten by ManyPress editorial AI from reporting originally published by MIT Technology Review, MIT Technology Review.
