With $20 million in seed money from backers like Andreesson Horowitz and OpenAI CEO Sam Altman, energy startup Exowatt has announced that its standalone solar thermal and electric product will be available to its consumers this year.
Taking a different technique than the classic solar panel that converts solar energy into electricity, the Exowatt P3 formula will store its energy in a thermal battery.
In short, a thermal battery is a high-temperature energy source that outlets feed in the form of heat.
Most importantly, it does not require any preparation to be used as a source of strength and requires little to no time to start offering strength.
According to Exowatt, its implementation will consist of storing energy for up to 24 hours, and its entire 3-in-1 modular formula will be compatible in a popular 40-foot shipping container.
Unlike classical sources, energy is stored as heat, electrical energy, and will produce electrical energy as needed.
Each modular container 3 components:
Since potential energy is stored as heat and not electricity, storage costs are minimal for existing battery architectures.
The formula also relies on rare terrestrial elements, which poses a challenge when implementing high-tech batteries.
According to Jack Abraham, CEO of Atomic and co-founder of Exowatt:
“Our project is to supply power at an incredibly low load that complements the functions of the world’s AI infrastructure while protecting our planet. “
As part of this mission, Exowatt addresses the great AI education and inference power needs currently facing the data center industry.
Thanks to the 24-hour garage warmth of the Exowatt formula, electrical power can be provided regardless of the time of day or weather.
The company says that once it supplies electricity at scale, it will be able to generate electricity for just 1 cent per kWh ($0. 01), or perhaps even less, potentially making it the cheapest renewable energy solution.
Data centers are gearing up to embark on this new power-generation gold rush, and Exowatt said in its announcement this week that in addition to planned 2024 deployments, it has already reserved 500 MW of power for knowledge centers in the United States.
According to Hannan Parvizian, CEO and co-founder of Exowatt:
“Exowatt’s modular formula can be implemented temporarily and cost-effectively, and will be available this year. “
Keep up with the global shift of knowledge centers and cloud computing by connecting with Data Center Frontier on LinkedIn, following us on X/Twitter and Facebook, and subscribing to our weekly newsletters using the form below.