Revolutionizing Energy with Exowatt’s P3 Technology
Hannan Happi, co-founder and CEO of Exowatt, is on a mission to solve the AI power crisis by targeting one cent per kilowatt-hour for solar energy. By reimagining concentrated solar power, Exowatt aims to transform the energy landscape and data center market with its innovative P3 units.
Key Highlights:
- Exowatt has raised $50 million in an extension of its Series A round, bringing total funding to $120 million.
- Each P3 device functions like a modular thermal battery, retaining heat for up to five days.
- The technology promises to deliver low-cost, 24/7 solar energy, essential for supporting the growing demand in AI and tech sectors.
- A backlog of 10 million P3 units shows strong market interest and potential for rapid scaling.
While challenges exist, including land requirements and sun dependency, Happi emphasizes the synergy between Exowatt’s systems and the emerging data center locations.
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