Why two SpaceX alumni are betting on solar and batteries to power the AI craze

Two SpaceX alumni have a pitch to hyperscalers, and it has nothing to do with outer space: They’re building power plants here on Earth that cost less — and get built faster — than a natural gas power plant Ambrosia Energy, which has been operating in stealth until now, hasn’t invented a new technology. Instead, it’s pairing solar panels with lithium-ion batteries to keep electrons flowing around the clock for $100 per megawatt-hour. “A power plant should be able to be built at any scale in 12 months from contract signing to power on,” Sara Spangelo, co-founder and president of Ambrosia Energy, exclusively told TechCrunch. “Our ambition is to go to gigawatt scale.” To bring costs down, the startup has been able to simplify the battery pack.

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