Bill Gates is set to announce a plan to create the Breakthrough Energy Coalition, a multi-billion dollar fund. This coalition will pool resources from over two dozen public and private entities, including national governments, billionaire philanthropists, investment fund managers, and tech CEOs. There isn’t a specific fundraising target for private investors, but the fund represents billions in initial capital to support new ideas in large-scale clean energy production. The coalition plans to invest in five main areas: electricity generation and storage, transportation, industrial applications, and agriculture.