News Summary

• Energy startup Arbor Energy has sold up to 5 gigawatts’ worth of its modular turbines to GridMarket.
• Arbor’s Halcyon turbines are based on rocket turbomachinery, high-performance engine technology originally developed for spaceflight.
• The startup plans to connect its first turbine to the grid in 2028 and ramp production through 2030, at which point it hopes to deliver more than 100 turbines annually.Neither company disclosed the exact price of the deal, though Arbor has seen a “willingness to pay upwards of $100 per megawatt-hour”