HALCYON turbine
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GridMarket to secure 5GW of zero-emission power from Arbor Energy
Yahoo Finance· 2026-03-26 12:04
Core Insights - Arbor Energy has signed an agreement with GridMarket to supply up to 5GW of zero-emission baseload power starting in 2029, aimed at supporting data centers, manufacturers, and logistics providers as demand for reliable electricity grows due to AI applications and industrial expansion [1][2] Group 1: Agreement and Supply Details - The agreement will enable GridMarket to connect Arbor's power supply to its clients, including data center owners and land developers [2] - Arbor's HALCYON turbine, a 25MW modular power system, will be central to this supply, utilizing 3D printing technology for pre-assembled shipping, which reduces manufacturing and deployment timelines [2][3] Group 2: Technology and Production Strategy - The HALCYON system is designed to be fuel-flexible, currently producing zero-emission power from natural gas, with future capabilities for negative-emission operation [3] - Arbor plans to increase production to over 100 turbines annually by 2030, translating to more than 1GW of new capacity each year, aimed at enhancing grid resilience through distributed power solutions [3] Group 3: Market Demand and Leadership - GridMarket's CEO highlighted the active search by data center operators for reliable energy solutions to meet their power and growth demands [4] - Arbor has appointed Nishad Pai as chief commercial officer to focus on commercial growth as the company prepares for full production of the HALCYON turbine [4][5]
Arbor Energy Scoops Up $55M Series A
Vcnewsdaily· 2025-10-21 22:37
Group 1 - Arbor Energy has raised $55 million in a Series A funding round, co-led by Lowercarbon Capital and Voyager Ventures, with participation from Gigascale Capital and Marathon Petroleum Corporation [1] - The funding will facilitate the completion of Arbor's 1 megawatt technology pilot, ATLAS, and support the development of its 25 megawatt commercial product, HALCYON [1] Group 2 - Arbor Energy focuses on building clean, baseload power systems for energy-intensive industries [2] - The HALCYON turbine utilizes advancements in oxy-combustion and sCO2 technology to provide scalable, fuel-flexible baseload power with zero operating emissions [2]