Amazon has inked three deals nuclear power deals to help decarbonise its energy-hungry data centers, following similar a deal by Google earlier in the week.
The online retailer, which also has a giant cloud server arm, Amazon Web Services, noted that small modular reactors (SMRs) have smaller physical footprints, which allows them to be built faster and closer to the grid.
X-Energy Reactor Co said Amazon led a $500 million ‘series C-1’ financing round, and that the pair are also collaborating to bring on more than 5GW of new US power projects by 2039, which it said would be the largest commercial deployment target of SMRs to date.
Citadel founder and CEO Ken Griffin also invested in the X-Energy funding round, along with other institutions.
Amazon said it has also stuck a deal with Energy Northwest, a consortium of state public utilities in Washington, to develop four SMRs, using X-Energy …