If you were wondering what type of tech could get a boost from Obama’s efforts to limit power plant emissions, see Skyonic. The startup’s new plant will soon go under construction.
Skyonic, a startup that turns carbon emissions into baking soda and other chemicals, plans to build its first commercial plant this Summer and has raised a whopper of a $128 million round.
Solar thermal company BrightSource is actually looking to raise $130 million, which is another $50 million over the amount it announced last month. The company makes solar thermal power plants which use mirrors and a boiler to produce electricity.