Bill Gates-backed Airloom begins building its first power plant
Wind power has run into some headwinds, and not the kind that spin its turbines. Recently, President Trump has decided to wage war against the technology, an unwelcome bit of friction that coincides with rising costs in recent years. Onshore wind power went for $61 per megawatt-hour last year, according to Lazard, bucking a decade-long downward trend. “We have a lot of headwinds,” acknowledges Neal Rickner, CEO of wind startup Airloom Energy. But he also argues that his company, which takes a