Bluecore Energy, a developer of small nuclear reactors on barges that could power ports, on Tuesday announced that it's raised $50 million in seed funding.
Why it matters: This could enable the startup to begin ordering nuclear fuel, thus charting a path toward criticality and helping to power the Port of Long Beach.
Famed rock climber Alex Honnold's solar-focused foundation on Tuesday is unveiling dozens of global partners across five continents that will receive a combined $11 million.
Why it matters: It's the largest outlay in the group's history, and the Honnold Foundation's model differs from many grant-makers by avoiding creation of an endowment.
As climate change makes extreme heat more frequent and dangerous, states are building systems to manage a hazard they weren't historically built to handle.
The big picture: In a growing number of states, officials are appointing heat officers, writing statewide plans, setting worker protections, funding cooling infrastructure, and coordinating responses across agencies.
On Sept. 4, Hyundai Motor Group held a ceremonial event marking the start of a new steel mill project at the RiverPlex MegaPark site in Ascension Parish, Louisiana — the latest chapter in a partnership with the United States that spans four decades.
The background: Since first investing in U.S. manufacturing in 1986, South Korean multinational automotive manufacturer Hyundai Motor Group had committed more than $20.5 billion by 2024.
