Bill Gates-backed AirLoom begins building its first power plant | TechCrunch

""People are feeling the pain of $60 megawatt-hour pricing already. Our modeling shows we can do that with a first-of-a-kind system.""

""We've got it all in the simulation. Now we gotta go build it," Rickner said about the pilot system."

Wind power faces challenges, including political pushback from President Trump and rising costs, as seen with onshore wind prices reaching $61 per megawatt-hour. Neal Rickner, CEO of AirLoom Energy, believes his startup can navigate these turbulent times by introducing a unique wind turbine design. Instead of traditional tall turbines, AirLoom utilizes a system with shorter blades on a movable track. They have begun constructing a pilot site in Wyoming that could yield 150 kilowatts of electricity and serve as a precursor to larger, more efficient systems in the future.

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