Breakthrough Energy

Xcel Energy is engaged in the generation, purchase, transmission, distribution, and sale of electricity. It operates through 5 segments: electricity, natural gas, renewable energy, transmission, and innovation. The company is engaged in generating electricity using coal, nuclear, natural gas, hydro, solar, biomass, oil and refuse, and wind energy sources; developing and leasing natural gas pipelines, and storage and compression facilities; and investing in rental housing projects. Xcel Energy was founded in 1909 and is based in Minneapolis, Minnesota.

Turntide Technologies (formerly Software Motor Company) has developed an efficient and intelligent electric motor system. The revolutionary Smart Motor System is based on proven switched reluctance technology, now managed with advanced cloud software and connected to precise controls via IoT. Turntide’s vision is to eliminate the 25% of global electricity consumption that is wasted by legacy motors, thus accelerating the world’s transition from fossil fuels. Turntide is based in Sunnyvale, California, with offices in San Francisco; Arlington, Washington; and Kennesaw, Georgia. Turntide has installed Smart Motor Systems with dozens of customers, reducing their motor electricity consumption by an average of 64%, and is powering the systems of leading OEMs.

Zap Energy, Inc. is a Seattle-based company incorporated in 2017 that specializes in the design and manufacture of sheared-flow stabilized Z-Pinch fusion reactors for power plants. The company's innovative approach stabilizes plasma using sheared flows instead of traditional magnetic fields, which allows for the creation of a magnetic field through electric current. This method effectively confines and compresses the plasma, resulting in higher pressure and density. Zap Energy aims to provide a low-carbon, cost-effective, and flexible energy solution through its compact and scalable fusion reactor technology, positioning itself as a leader in the pursuit of commercially viable fusion energy.

SparkMeter, Inc. specializes in electricity metering systems tailored for rural and urban utilities in developing markets. Founded in 2012 and headquartered in Washington, D.C., with an additional office in Nairobi, Kenya, the company offers a range of products including smart meters designed for residential, commercial, and industrial applications. SparkMeter's solutions facilitate prepaid billing, enhance customer communications, and enable remote monitoring and control, thereby improving grid efficiency and asset performance. By integrating their metering technology with software solutions, SparkMeter enables microgrids and distribution utilities to optimize operations, providing reliable electricity access in underserved areas. This approach not only supports the expansion of electricity distribution but also fosters investments in renewable energy and energy efficiency.

TS Conductor specializes in the development and manufacturing of advanced conductors for high-voltage electricity transmission. The company offers a next-generation conductor that features a carbon composite core encapsulated in aluminum, enhancing the durability and performance of transmission lines. This innovative design allows for a significant increase in capacity, effectively doubling the transmission capability without the need for retrofitting existing infrastructure. By providing a solution that improves reliability and reduces the risk of damage and corrosion, TS Conductor supports the energy sector in promoting sustainability and efficiency in electricity distribution.

Natel Energy, Inc. specializes in the design, construction, and sale of restoration hydro turbines (RHTs) that generate renewable electricity from low head water sources such as streams, irrigation canals, and existing low dams. These turbines can be retrofitted to enhance the performance of old units or installed in new developments, offering a cost-effective solution for hydropower compliance and output improvement. In addition to its turbine technology, Natel Energy provides digital services that utilize machine learning and remote sensing to optimize operational efficiency and minimize risks for hydropower owners and operators. The company also offers HydroForecast, which employs satellite imagery and advanced hydrologic modeling to deliver accurate forecasts. Founded in 2005 and headquartered in Alameda, California, Natel Energy aims to contribute to a sustainable and reliable renewable energy grid through its innovative hydropower solutions.

Turntide Technologies (formerly Software Motor Company) has developed an efficient and intelligent electric motor system. The revolutionary Smart Motor System is based on proven switched reluctance technology, now managed with advanced cloud software and connected to precise controls via IoT. Turntide’s vision is to eliminate the 25% of global electricity consumption that is wasted by legacy motors, thus accelerating the world’s transition from fossil fuels. Turntide is based in Sunnyvale, California, with offices in San Francisco; Arlington, Washington; and Kennesaw, Georgia. Turntide has installed Smart Motor Systems with dozens of customers, reducing their motor electricity consumption by an average of 64%, and is powering the systems of leading OEMs.

Fervo Energy is a next-generation geothermal developer generating clean power in new places. Fervo Energy commercializes proprietary technology to own, develop, and operate geothermal assets as the dispatchable foundation to a 100% clean energy future.

VEIR is focused on advancing electricity transmission through the development of high-temperature superconductors and innovative cooling solutions. The company has created a passive evaporative cryogenic cooling technology that significantly enhances cooling efficiency, delivering 20 times more cooling power per kilogram of nitrogen flow compared to traditional mechanical subcooling methods. By utilizing commercial superconducting tape, VEIR's technology facilitates power delivery at transmission levels over distribution-scale infrastructure without resistive losses. This approach allows clients to streamline permitting processes and create economically viable electric transmission lines, thereby addressing the challenges associated with cooling high-temperature superconductors.

Turntide Technologies (formerly Software Motor Company) has developed an efficient and intelligent electric motor system. The revolutionary Smart Motor System is based on proven switched reluctance technology, now managed with advanced cloud software and connected to precise controls via IoT. Turntide’s vision is to eliminate the 25% of global electricity consumption that is wasted by legacy motors, thus accelerating the world’s transition from fossil fuels. Turntide is based in Sunnyvale, California, with offices in San Francisco; Arlington, Washington; and Kennesaw, Georgia. Turntide has installed Smart Motor Systems with dozens of customers, reducing their motor electricity consumption by an average of 64%, and is powering the systems of leading OEMs.

Malta Inc. is a company that specializes in industrial-grade, grid-scale energy storage solutions, particularly through its innovative electro-thermal energy storage technology. Founded in 2018 and based in Cambridge, Massachusetts, Malta's system captures energy from various sources, including renewable (wind and solar) and fossil fuel generators. The process involves converting electrical energy into thermal energy, which is stored in molten salt and later reconverted back into electricity using a heat engine. This technology addresses the challenges of energy curtailment by improving the synchronization of energy generation with demand, thereby facilitating the efficient distribution of electricity to the grid as required. Malta was incubated at the Moonshot Factory and has garnered support from leading venture capital and commercial power industry stakeholders, contributing to its mission of enabling affordable and reliable electricity delivery.

SparkMeter, Inc. specializes in electricity metering systems tailored for rural and urban utilities in developing markets. Founded in 2012 and headquartered in Washington, D.C., with an additional office in Nairobi, Kenya, the company offers a range of products including smart meters designed for residential, commercial, and industrial applications. SparkMeter's solutions facilitate prepaid billing, enhance customer communications, and enable remote monitoring and control, thereby improving grid efficiency and asset performance. By integrating their metering technology with software solutions, SparkMeter enables microgrids and distribution utilities to optimize operations, providing reliable electricity access in underserved areas. This approach not only supports the expansion of electricity distribution but also fosters investments in renewable energy and energy efficiency.

Natel Energy, Inc. specializes in the design, construction, and sale of restoration hydro turbines (RHTs) that generate renewable electricity from low head water sources such as streams, irrigation canals, and existing low dams. These turbines can be retrofitted to enhance the performance of old units or installed in new developments, offering a cost-effective solution for hydropower compliance and output improvement. In addition to its turbine technology, Natel Energy provides digital services that utilize machine learning and remote sensing to optimize operational efficiency and minimize risks for hydropower owners and operators. The company also offers HydroForecast, which employs satellite imagery and advanced hydrologic modeling to deliver accurate forecasts. Founded in 2005 and headquartered in Alameda, California, Natel Energy aims to contribute to a sustainable and reliable renewable energy grid through its innovative hydropower solutions.

Arnergy Solar Limited, founded in 2013 and based in Lagos, Nigeria, specializes in the manufacture, installation, and maintenance of modular solar energy systems designed for micro-grid applications. The company offers products such as the Arnergy 3000 and Arnergy 5000, which provide scalable and reliable energy solutions to address the challenges of grid unreliability and energy intermittency. Arnergy aims to enhance economic outcomes by delivering clean and affordable energy systems tailored for both businesses and residential customers in emerging markets, thereby promoting sustainable energy solutions.

Malta Inc. is a company that specializes in industrial-grade, grid-scale energy storage solutions, particularly through its innovative electro-thermal energy storage technology. Founded in 2018 and based in Cambridge, Massachusetts, Malta's system captures energy from various sources, including renewable (wind and solar) and fossil fuel generators. The process involves converting electrical energy into thermal energy, which is stored in molten salt and later reconverted back into electricity using a heat engine. This technology addresses the challenges of energy curtailment by improving the synchronization of energy generation with demand, thereby facilitating the efficient distribution of electricity to the grid as required. Malta was incubated at the Moonshot Factory and has garnered support from leading venture capital and commercial power industry stakeholders, contributing to its mission of enabling affordable and reliable electricity delivery.