- Exowatt launches its modular P3 units, offering a groundbreaking solution for data centre energy needs.
- The P3 provides clean thermal and solar energy at a cost of under $0.04 per kWh, promising significant savings and reduced CO2 emissions.
OUR TAKE
Exowatt’s P3, with its affordable and sustainable design, meets data centres’ energy needs, setting a new standard. Its modularity and cost-effectiveness align with the industry’s shift towards green solutions, supported by investors like Sam Altman, indicating a significant trend towards clean energy in tech sectors.
–Zoey Zhu, BTW reporter
What happened
Exowatt, a renewable energy company supported by Sam Altman, has unveiled its flagship product, the Exowatt P3. This modular energy solution is designed to power data centres by providing both electricity and high-temperature thermal energy. With a cost of just under $0.04 per kWh, the P3 is positioned as a cost-effective and sustainable alternative to traditional energy sources.
The Exowatt P3 has the potential to slash energy expenses by up to $35 million and reduce CO2 emissions by 438,000 tons for an average data centre. This innovation is aimed at addressing the growing demand for efficient and environmentally friendly energy solutions in the data centre sector.
Hannan Parvizian, CEO of Exowatt, highlighted the significance of the P3, stating, “We are revolutionising sustainable energy delivery with the Exowatt P3, a game-changing solution in clean energy technology.” Parvizian, who has an extensive background in engineering and operations, co-founded Exowatt with Jack Abraham in 2023. The company, based in Miami, Florida, has quickly gained attention for its innovative approach to energy management.
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Why it’s important
The launch of the Exowatt P3 is a notable development in the clean energy sector, particularly for energy-intensive industries like data centres. By offering a modular, full-stack energy solution, Exowatt aims to address two major challenges: high energy costs and significant carbon emissions. The P3’s ability to deliver reliable, low-cost energy aligns with the increasing demand for sustainable practices in data centre operations.
The significant potential savings and emission reductions offered by the P3 could have a transformative impact on the industry. With a backlog of demand for over 1.2 gigawatts for US data centres, Exowatt is poised to play a crucial role in shaping the future of data centre energy solutions. The backing of high-profile investors, including Sam Altman, underscores the importance of this technology and its potential to drive innovation in the energy sector.
The investment from Altman, known for his interest in expanding energy solutions for digital infrastructure, further highlights the growing recognition of the need for efficient and sustainable energy technologies. His involvement with Exowatt, alongside his investments in Helion Energy and Oklo, demonstrates a broader commitment to advancing clean energy solutions.
