Court rules against Trump EPA’s freeze of $20B in ‘green bank’ funds

Published on August 4, 2026

A federal appeals court has ruled that the Environmental Protection Agency acted improperly in terminating billions of dollars of “green bank” financing last year, setting up a potential showdown before the U.S. Supreme Court over one of the Trump administration's earliest attacks on a key Biden-era climate program.…

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Microreactor startup Valar Atomics raises $1B

August 4, 2026
Valar Atomics, the three-year-old microreactor developer that has a forged a close relationship with the Trump administration, has raised $1 billion in its Series B funding round as investors increasingly bet that the White House’s overhaul of nuclear regulations will clear the way for the country’s first big atomic…

Base Power raises $1B to get big batteries into more homes

August 5, 2026
Home battery startup Base Power seems constitutionally incapable of standing still. After raising $1 billion last October, the Texas company has raised another $1 billion, and upped its valuation from $4 billion to $13 billion. The latest investment, led by Ribbit, Addition, Valor Equity Partners, and…