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Eight companies were selected by the Department of Energy to “support the near-term deployment of advanced light-water small modular reactors (SMRs) in the United States.”

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Concurrent Technologies Corporation (CTC) was awarded an $18M contract to develop advanced energy storage solutions for military operations.

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According to research by Mercom Capital Group, merger and acquisition activity across the energy storage value chain rose slightly to $2.3M. Capital across the sector is expanding and investment is moving “beyond batteries to hydropower, biofuels and hydrogen, according to reports.”

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A rise in cooling energy demand may be a bigger issue than the demand caused by increased computing, potentially doubling total energy demand by 2050 according to a report by researchers at Rocky Mountain Institute.

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BEST START convened defense, government, academic, and industry leaders for a three-day event showcasing advanced energy and power technologies designed to enhance operational resilience and warfighter capability.

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A virtual technology presentation by BEST START program directors and partner companies was held June 11, 2026.

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BEST START, an energy technology accelerator based in Minnesota, convened defense, government, academic, and industry partners for a three-day technology demonstration event highlighting innovative energy and power solutions designed to strengthen operational resilience and enhance warfighter capability.

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Among state, local, and business leaders was Congresswoman Betty McCollum, St. Paul Mayor Kaohly Her, and Representative Larry Kraft, celebrating the installation of the CO2 Heat Pump, developed by Flow Environmental Systems, at the Local 455 Steamfitters/Pipefitters Union Training Center in Saint Paul, MN.

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Using direct conversion processes, Mainspring’s linear generators convert multiple fuel types into electricity through a low-temperature, flameless reaction.

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“Rooftop solar site leases function much like a long-term tenant occupying otherwise unused space,” said Matt Shortsleeve, SVP of Policy & Marketing at Solect Energy, in a statement. “

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