Exowatt
Updated: January 31, 2026
CEO - Hannan Parvizian
Country: USA | Funding: $90M (+)
Website: https://exowatt.com
Exowatt has developed P3 technology, which combines solar and battery power to provide data centers with reliable 24/7 power. The company manufactures container-sized modular units equipped with solar lenses. These lenses convert solar energy into heat, which is used to heat affordable materials. The heat can be stored for up to 24 hours and then is converted into electricity by an engine located inside the modules. The company also has a division specializing in providing land and energy infrastructure to support large-scale or hyperscale data centers. The startup is backed by OpenAI CEO Sam Altman and is implementing projects in high-solar areas of the southwestern United States, such as New Mexico, West Texas, Arizona, and Nevada.
Website: https://exowatt.com
Exowatt has developed P3 technology, which combines solar and battery power to provide data centers with reliable 24/7 power. The company manufactures container-sized modular units equipped with solar lenses. These lenses convert solar energy into heat, which is used to heat affordable materials. The heat can be stored for up to 24 hours and then is converted into electricity by an engine located inside the modules. The company also has a division specializing in providing land and energy infrastructure to support large-scale or hyperscale data centers. The startup is backed by OpenAI CEO Sam Altman and is implementing projects in high-solar areas of the southwestern United States, such as New Mexico, West Texas, Arizona, and Nevada.
