U.S. Department of Energy

The U.S. Department of Energy is a government agency established in 1977, located in Washington, D.C. Its primary mission is to ensure the security and prosperity of the nation by tackling energy, environmental, and nuclear challenges. The Department focuses on promoting transformative scientific and technological solutions to address these issues, thereby supporting the country's energy needs and environmental sustainability.

Maria Robinson

Director of DOE's Grid Deployment Office

Jigar Shah

Director

Past deals in Fuel Cell

Cellink

Debt Financing in 2023
CelLink Corporation is an innovative company based in Belmont, California, specializing in the development of flexible conductive backplanes and circuits designed for power electronics. Founded in 2012, the company focuses on applications that include batteries, light-emitting diodes, wire harnessing, and solar cells, among other devices that necessitate effective power transmission. By creating advanced backplane solutions, CelLink aims to enhance efficiency and performance across various electronic applications.

Ampcera

Grant in 2022
Ampcera Inc. is a U.S.-based innovator in the development and commercialization of solid-state electrolyte materials for high performance lithium batteries and their upstream & downstream industries. Through collaborations with major automotive OEMs, consumer electronics companies and battery makers, Ampcera is focused on integrating of its scalable and low cost solid-state electrolyte technology in game-changing lithium batteries to achieve higher energy and power density, faster charging, and superior safety than today’s lithium ion batteries.

TerraPower

Grant in 2022
TerraPower, LLC, founded in 2008 and based in Bellevue, Washington, focuses on developing advanced nuclear energy technology aimed at providing sustainable and economical electricity production. The company is primarily known for its traveling wave reactor (TWR), which generates heat and electricity by utilizing fuel made from depleted uranium. In addition to its core TWR technology, TerraPower operates laboratories to support nuclear research and engineering, develops radioisotope generators for medical applications, and is working on molten chloride fast reactor (MCFR) solutions to extend the benefits of nuclear technology to sectors beyond electricity generation. The company aims to enhance the reliability of nuclear power plants while addressing issues of energy independence, environmental sustainability, and waste management.

Greenway Energy

Grant in 2022
Greenway Energy (GWE) is making substantial progress in the areas of hydrogen solutions and fuel cell technologies that will be environmentally beneficial.

Heliogen

Grant in 2021
Heliogen, Inc. is a clean energy company based in Pasadena, California, focused on utilizing sunlight to produce hydrogen and syngas fuels, aiming to replace fossil fuels across various sectors. Founded in 2013 at Idealab, Heliogen has developed a concentrated solar energy system powered by artificial intelligence, which offers a range of solutions including HelioMax, a closed-loop control system for electricity generation and process heat applications; HelioHeat, which provides carbon-free, ultra-high temperature heat for industries like cement, refining, and mining; and HelioFuel, renewable fuels suitable for transportation, heavy equipment, and household heating. Heliogen's mission is to create technology that can commercially replace fossil fuels in industrial processes with sustainable energy sources.

Ampcera

Grant in 2021
Ampcera Inc. is a U.S.-based innovator in the development and commercialization of solid-state electrolyte materials for high performance lithium batteries and their upstream & downstream industries. Through collaborations with major automotive OEMs, consumer electronics companies and battery makers, Ampcera is focused on integrating of its scalable and low cost solid-state electrolyte technology in game-changing lithium batteries to achieve higher energy and power density, faster charging, and superior safety than today’s lithium ion batteries.

Quino Energy

Grant in 2021
Quino Energy manufactures batteries that use specially designed reactants called quinones that are dissolved in water. It is made from low-cost coal tar and wood tar, and is more cost-effective than competing battery technologies at longer storage durations of 5-12 hours. Quino Energy has licensed the quinone flow battery technology from Harvard University, where it was first developed.

Ampcera

Grant in 2021
Ampcera Inc. is a U.S.-based innovator in the development and commercialization of solid-state electrolyte materials for high performance lithium batteries and their upstream & downstream industries. Through collaborations with major automotive OEMs, consumer electronics companies and battery makers, Ampcera is focused on integrating of its scalable and low cost solid-state electrolyte technology in game-changing lithium batteries to achieve higher energy and power density, faster charging, and superior safety than today’s lithium ion batteries.

Energy Fuels

Grant in 2021
Energy Fuels Inc. is a leading integrated uranium mining company based in the United States, focused on the extraction and recovery of uranium for the nuclear energy sector. The company operates key production facilities, including the White Mesa Mill in Utah, the only conventional uranium mill in the country, and the Nichols Ranch in-situ recovery facility in Wyoming. Together, these sites have a combined licensed capacity of approximately 10 million pounds of uranium concentrates annually. Energy Fuels also explores and evaluates various uranium and uranium/vanadium properties across several states, including Utah, Wyoming, Arizona, New Mexico, and Colorado. The company is positioned to meet the growing global demand for clean energy, providing a critical resource for the production of emission-free nuclear power. Established in 1987, Energy Fuels continues to leverage its extensive portfolio of resources to support the nuclear utilities market while contributing to the transition towards sustainable energy solutions.

Tandem PV

Grant in 2021
Tandem PV, Inc. is a manufacturer of innovative photovoltaic cells that combine perovskite and silicon technologies to enhance solar panel efficiency. Founded in 2016 and based in Palo Alto, California, the company, previously known as Iris Photovoltaics, rebranded in February 2018. Tandem PV specializes in mechanically-stacked solar panels that integrate metal-halide perovskite semiconductors with traditional silicon cells. This integration aims to significantly improve the efficiency and economic viability of solar energy systems, providing clients with a substantial increase in the value and market potential of solar power while reducing installation costs. By leveraging advanced materials and technologies, Tandem PV seeks to contribute to the advancement of solar energy solutions.

Heliogen

Grant in 2020
Heliogen, Inc. is a clean energy company based in Pasadena, California, focused on utilizing sunlight to produce hydrogen and syngas fuels, aiming to replace fossil fuels across various sectors. Founded in 2013 at Idealab, Heliogen has developed a concentrated solar energy system powered by artificial intelligence, which offers a range of solutions including HelioMax, a closed-loop control system for electricity generation and process heat applications; HelioHeat, which provides carbon-free, ultra-high temperature heat for industries like cement, refining, and mining; and HelioFuel, renewable fuels suitable for transportation, heavy equipment, and household heating. Heliogen's mission is to create technology that can commercially replace fossil fuels in industrial processes with sustainable energy sources.

Wright

Grant in 2020
Wright Electric, Inc. is building technologies for large commercial airplanes. The company is currently developing their flagship Airplane, the Wright 1, which will be a 186-seat single aisle airliner with an 800 mile range. The company hopes to achieve entry to service for the Wright 1 by 2030 and is working with commercial airlines including easyJet and VivaAerobus. In addition to the newly announced U.S. DOE’s ARPA-E funding, the company is funded by Y Combinator, the Clean Energy Trust and venture funds.

Ampcera

Grant in 2020
Ampcera Inc. is a U.S.-based innovator in the development and commercialization of solid-state electrolyte materials for high performance lithium batteries and their upstream & downstream industries. Through collaborations with major automotive OEMs, consumer electronics companies and battery makers, Ampcera is focused on integrating of its scalable and low cost solid-state electrolyte technology in game-changing lithium batteries to achieve higher energy and power density, faster charging, and superior safety than today’s lithium ion batteries.

LanzaJet

Grant in 2020
LanzaJet producer of aviation fuel that captures waste gas emissions and uses bacteria to turn it into useable ethanol fuel.

Jolt Energy

Grant in 2019
Jolt Energy Storage Technologies, LLC, founded in 2015 and based in West Michigan, specializes in developing innovative compounds for lithium-ion batteries. The company focuses on creating organic electrochemical additives that enhance battery performance by increasing capacity, preventing overcharging, and simplifying electronic control systems. These advancements allow battery manufacturers to improve the safety, functionality, and cost-effectiveness of their products. Additionally, Jolt is working on all-organic nonaqueous redox flow batteries (RFBs) designed for large-scale energy storage, offering a reliable and environmentally friendly alternative to traditional battery technologies. With a commitment to sustainability, Jolt Energy aims to revolutionize the energy storage sector.

Nikola

Grant in 2019
Nikola Motor Company, a subsidiary of Nikola Corporation, is focused on transforming the transportation industry through the development of zero-emission vehicles. Founded in 2014 and based in Salt Lake City, Utah, the company designs and manufactures battery-electric and hydrogen-electric vehicles, along with electric powertrains and vehicle components. In addition to its vehicle offerings, Nikola also creates energy storage systems and infrastructure for hydrogen fueling stations, aiming to provide comprehensive solutions for sustainable transportation. With a commitment to reducing emissions across the energy production and consumption spectrum, Nikola Motor Company seeks to disrupt the industry on a global scale.

Sunvapor

Grant in 2019
Sunvapor, Inc. is a renewable energy technology and project development company based in Livermore, California. Founded in 2014, the company specializes in the development of solar parabolic trough collectors that utilize solar thermal energy to produce steam on an industrial scale. Sunvapor offers a solar steam plant that integrates innovative energy storage technology with its solar collectors, enhancing the efficiency and reliability of solar energy production.

Membrion

Grant in 2019
Membrion, Inc. is a company based in Seattle, Washington, that specializes in the manufacture and commercialization of advanced membranes for filtering molecules. Founded in 2016 as a spin-out from the University of Washington, Membrion's technology is designed to operate under various challenging conditions, including extreme temperatures and pH levels, as well as in vacuum and biologically sensitive environments. The membranes are primarily utilized in applications such as flow batteries, water purification systems, fuel cells, and pharmaceuticals. The company has received financial support from numerous organizations, including the Murdock Charitable Trust and the National Science Foundation, which has facilitated its transition from research to commercial product. Membrion's innovative approach focuses on providing clients with durable and cost-effective membranes made from silica gel, contributing to improved efficiency in industrial wastewater treatment and other applications.

Carbon Clean

Grant in 2019
Carbon Clean Solutions Pvt. Ltd. specializes in carbon dioxide (CO2) separation technology aimed at reducing emissions from industrial applications, particularly in sectors such as power generation, steel, cement, and chemicals. Founded in 2009 and based in Mumbai, India, the company has research and operational facilities in the United Kingdom and the United States. Its proprietary technologies include CDRMax, which recovers CO2 from flue gases in the fertilizer industry, and Meth Pure, designed for biogas purification without methane loss. Additionally, CCS TGR technology targets CO2 emissions from iron production processes. The firm’s advanced, energy-efficient carbon capture systems can be integrated into new power plants or retrofitted to existing facilities, allowing for the extraction of up to 90% of CO2 from flue gases. By providing scalable and cost-effective solutions, Carbon Clean Solutions helps industries decarbonize and take advantage of the value of captured carbon.

EcoLectro

Grant in 2018
Ecolectro makes materials that make clean fuels and chemicals. The company is commercializing a proprietary platform of novel polymers that are best in class, allowing its customers to produce devices that last longer and cost less. Ecolectro has defensible IP, state-of-the-art facilities, experienced personnel, and strong customer traction.

SolarReserve

Grant in 2018
SolarReserve, a venture-backed renewable energy company, focuses on advanced solar thermal storage technology. SolarReserve was formed to solve two of the fundamental barriers of renewable energy: scalability and storage. Unlike hydroelectric, geothermal, biomass, and other renewable energy technologies that use limited renewable fuel sources, SolarReserve's power plants draw their heat from the sun - earth's ultimate source of clean energy. And unlike wind and photovoltaics, SolarReserve's power plants can deliver power whenever it is needed, either 24 hours per day or only during "peak" demand. By overcoming these two key barriers, SolarReserve enables utility-scale, clean, renewable electricity generation.

Flibe Energy

Grant in 2018
Flibe Energy, Inc. is an engineering company specializing in the design, construction, licensing, and operation of small modular reactors utilizing liquid fluoride thorium reactor (LFTR) technology. Founded in 2011 and headquartered in Huntsville, Alabama, with additional representatives in Singapore and Australia, the company focuses on harnessing thorium to generate electricity, produce desalinated water from seawater, and create medical therapeutic radioisotopes. The LFTR technology, developed from pioneering work at Oak Ridge National Laboratory, enhances the efficiency of thorium as a sustainable energy source. By employing molten-salt reactor technology, Flibe Energy aims to unlock the full potential of thorium, positioning it as a clean, reliable, and abundant resource for energy and medical applications.

PolarPanel

Grant in 2018
PolarPanel is a Forbes 30 Under 30 renewable energy startup focused on bringing clean, reliable, and low-maintenance refrigeration technology to the commercial cold chain.

FuelCell Energy

Grant in 2018
FuelCell Energy, Inc. specializes in the design, manufacture, installation, operation, and servicing of stationary fuel cell power plants designed for distributed power generation. The company offers a range of products, including those based on carbonate fuel cell technology, which can be configured for on-site power generation, utility grid support, and hydrogen production, among others. FuelCell Energy also provides carbon capture systems that extract carbon dioxide from emissions produced by various industrial sources. The company has approximately 300 megawatts of power generation capacity installed or in backlog and serves diverse sectors such as utilities, industrial operations, healthcare, and government facilities. With a strong presence primarily in the United States, South Korea, England, and Germany, FuelCell Energy has generated over 1.5 billion kilowatt hours of power from renewable biogas and clean natural gas. Headquartered in Danbury, Connecticut, the company is also engaged in ongoing research to advance hydrogen generation and solid oxide fuel cell technology.

Eonix

Grant in 2018
Eonix is a manufacturer focused on developing semi-autonomous materials that streamline the design process for lithium-ion batteries. The company has introduced the ATLAS-system, an innovative research and development platform that significantly cuts down the time and costs associated with creating new materials. This system allows for the rapid design of drop-in compatible electrolyte solutions that enhance energy density and support higher voltage operations. By addressing specific challenges faced by electric vehicles, grid storage, and hybrid defense systems, Eonix aims to facilitate the adoption of clean technology and advance the performance of next-generation energy storage solutions.

NuScale Power

Grant in 2018
NuScale Power, LLC specializes in the design, manufacture, and commercialization of small modular reactor nuclear power plants for various power generation applications both in the United States and internationally. The company's flagship product, the NuScale Power Module, operates independently and can function within multi-module configurations. This innovative technology is supported by extensive research and development, drawing on decades of experience from leading nuclear scientists and the U.S. government. NuScale's solutions cater to a wide range of applications, including electric generation, cogeneration, process steam, remote mining operations, desalination, and government needs. Founded in 2007 and headquartered in Portland, Oregon, NuScale also maintains offices in several U.S. cities and London, United Kingdom. The company operates as a subsidiary of Fluor Enterprises, Inc., and has established a strategic partnership with Sargent & Lundy.

Mesodyne

Non Equity Assistance in 2018
Mesodyne's solution is a novel ultra-high energy density, multi-fuel, silent, compact power generator. Our generators convert fuel to electricity with heat and light as intermediaries: a small micro combustor heats a photonic crystal to incandescence and the resulting light is tailored to the bandgap of an infrared cell resulting in unprecedented high efficiencies.

Echogen Power Systems

Grant in 2017
Echogen Power Systems, LLC develops heat-to-power generation systems. The company’s product captures heat energy and converts into usable power. It offers heat recovery systems for bottom cycling in gas turbines, industrial waste heat recovery, solar thermal, geothermal, and hybrid alternatives to the internal combustion engines. The company also offers heat recovery engines for various power outputs. It serves companies that generate heat as a byproduct of their processes, and others. The company was founded in 2007 and is based in Akron, Ohio. Echogen Power Systems, LLC is a former subsidiary of Cognitek Management Systems Inc.

Atrex Energy

Grant in 2016
Atrex Energy, Inc. specializes in the design and manufacture of advanced power generation systems that utilize tubular solid oxide fuel cell technology. This innovative approach allows the conversion of conventional natural gas and propane into direct current electrical power with high efficiency, eliminating the need for hydrogen and combustion methods found in traditional generators. The company's product offerings include uninterruptible power supplies for first responders, portable telemedicine systems, and solutions tailored for various industries such as oil and gas, mining, construction, off-grid telecommunications, railroads, and environmental monitoring. Atrex Energy's systems are distributed through a network of authorized partners across Alaska, Canada, the United States, and Mexico. Established in 1994 and headquartered in Walpole, Massachusetts, Atrex Energy is poised for growth, anticipating an expansion of its workforce to meet increasing demand for its cost-effective and reliable power generation solutions.

Inventev

Grant in 2016
Inventev delivers mobile power generation using an innovative Plug-in Hybrid Electric Vehicle (PHEV) commercial truck architecture. They are developing and applying their key next-gen propulsion and controls technology to OEM-branded trucks creating electrically-biased drive systems.Their market focus is on medium duty classes 2B to 5 (such as F250/350/450/550; 2500/3500; etc.) where many work trucks carry cargo or perform job site tasks.

Primus Power

Series C in 2014
Primus Power Corporation, founded in 2009 and based in Hayward, California, designs and manufactures advanced electrical energy storage systems, particularly focusing on flow batteries. Its flagship product, the EnergyPod 2, offers flexible capacity ranging from 25 kW to 25 MW, catering to various applications such as peak shaving, bulk energy shifting, renewable energy integration, grid support, and islanding. The EnergyPod provides up to five hours of energy discharge with a lifespan of twenty years, utilizing safe and low-maintenance Zinc Bromine chemistry. Primus Power serves a diverse clientele, including commercial and industrial sectors, data centers, microgrids, and utility customers, with systems deployed both domestically and internationally. The company is recognized for its patented innovations in battery technology, cell design, and system engineering, which contribute to its competitive pricing and reliability.

Plug Power

Grant in 2013
Plug Power Inc. specializes in hydrogen fuel cell solutions for electric mobility and stationary power markets across North America and Europe. The company focuses on advanced proton exchange membrane (PEM) fuel cell technologies and offers a range of products, including GenDrive, a hydrogen PEM fuel cell system for material handling electric vehicles, and GenFuel, which encompasses hydrogen fueling delivery and storage systems. Additionally, Plug Power provides GenCare for ongoing maintenance of its fuel cells, GenSure for modular stationary power solutions, and ProGen, a fuel cell stack used in various applications. With a commitment to creating a green hydrogen ecosystem, Plug Power aims to establish hydrogen highways and deliver sustainable energy solutions across multiple sectors, including telecommunications and transportation. Founded in 1997 and headquartered in Latham, New York, the company serves retail-distribution and manufacturing businesses through direct sales and partnerships with original equipment manufacturers and dealer networks.

Gen4 Energy

Grant in 2013
Gen4 Energy, originally established as Hyperion Power Generation Inc. in 2007, is focused on commercializing the Gen4 Module, an advanced mini nuclear reactor. Developed from intellectual property by scientists at Los Alamos National Laboratory, the Gen4 Module aims to address the demand for a compact and transportable power source that is safe, clean, sustainable, and cost-effective. The G4M reactor, designed by Gen4 Energy, offers a low-cost and efficient alternative to traditional large water reactors, enhancing the licensing processes for next-generation nuclear technologies. This small-scale reactor is particularly suited for applications in mining, oil and gas operations, large government facilities, and isolated communities, providing a reliable source of baseload power.

Solectria Renewables

Grant in 2011
Solectria Renewables, LLC is the U.S. based grid-tied PV inverter, string combiner and web-based monitoring manufacturer for residential, commercial and utility-scale solar projects. Our wide range of products includes 1.8kW to 500kW grid-tied inverters for systems 1kW to multi-MWs. Solectria Renewables is backed by over 20 years of power electronics and inverter experience and world class warranties. All of our commercial and utility-scale PV inverters are manufactured in the USA, ARRA compliant, Ontario FIT Content Compliant, and listed to UL 1741/IEEE 1547.

Giner Labs

Grant in 2010
Giner Electrochemical Systems, LLC (GES) is a subsidiary of Giner, Inc., established May 2000, as an arms-length alliance between Giner, Inc. and General Motors Corporation (GM). GES is an independent business, majority-owned, controlled and operated by Giner, Inc. The alliance with GM allows us to help develop commercially-viable fuel cells for the next generation of transportation and stationary power systems. GES is also focused on the development and commercialization of related electrochemical technologies, including electrolyzers, sensors and capacitors for a range of applications.

Clean Energy Systems

Venture Round in 2010
Clean Energy Systems, of Rancho Cordova, CA, specializes in the development of zero emissions commercial power plants using an oxy-fuel combustion process. The power plants use oxygen and various fuels to produce power that results in zero atmospheric emissions with carbon dioxide and water as byproducts. The company owns an extensive portfolio of patents and a Bakersfield, CA power plant, used to further develop the oxy fuel technology.

24M

Series A in 2010
24M Technologies, founded in 2010 and based in Cambridge, Massachusetts, specializes in the development of energy storage systems tailored for grid and transportation applications. The company manufactures lithium-ion batteries that enhance the operational reliability, economics, and efficiency of electric power systems. Its innovative design features binder-free semisolid electrodes and unit cells, which streamline the battery recycling process by eliminating the need for complex hydro or pyrometallurgical methods. This approach facilitates the direct reuse of active materials, ultimately enabling clients to improve efficiency and reduce costs associated with end-of-life battery management.

Calera

Grant in 2010
Calera Corporation is focused on carbon sequestration, aiming to combat global warming and ocean acidification by capturing greenhouse gases, particularly carbon dioxide, from the atmosphere. Established in 2007 and headquartered in Los Gatos, California, the company works to reduce atmospheric carbon levels through innovative technologies. Calera has formed a strategic alliance with Bechtel Power Corporation to enhance its efforts in this domain.

Abound Solar

Grant in 2010
Abound Solar produces next-generation, thin film photovoltaic modules intended to deliver the lowest levelized cost of electricity.

Propel Fuels

Grant in 2010
Propel Fuels, Inc. operates a network of fuel stations in California and Washington, focusing on providing diesel, renewable fuels, and flex fuels. Founded in 2004, the company is headquartered in Sacramento, California, and has retail stations in various cities, including Seattle and Mount Vernon in Washington, as well as numerous locations throughout California. Propel Fuels also offers CleanDrive, an integrated platform that tracks carbon emissions reduction, helping consumers understand the environmental impact of their fuel choices. The company aims to empower drivers by making clean, American-made fuels easily accessible, thereby promoting both economic and environmental benefits. Through its initiatives, Propel Fuels seeks to encourage a shift towards cleaner fueling options and reduce reliance on imported oil.

Sun Catalytix

Grant in 2010
Located in Cambridge, MA, Sun Catalytix is an early-stage renewable energy startup founded on groundbreaking science from the research lab of Professor Daniel Nocera at MIT. With Nature as our inspiration, we seek to combine sunlight and water to provide affordable, highly distributed solar energy to the individual. The elemental components of just 3 gallons of water have enough energy, when recombined, to satisfy the daily energy needs of a large American home. The US receives 500-fold more energy each year than it uses, but unfortunately the sun shines only half the time. At Sun Catalytix we are working to realize the dream of cheap, renewable, personalized energy allowing individuals to use the power around-the-clock. Backed by Polaris Venture Partners, we have started down the path to a sustainable energy future.

Uqm Technologies

Grant in 2010
UQM Technologies, Inc. is a company that develops, manufactures, and sells electric motors, generators, power electronic controllers, and fuel cell compressors primarily for the automotive and industrial sectors. Founded in 1967 and headquartered in Longmont, Colorado, UQM offers a range of products including propulsion motors for electric and hybrid vehicles, auxiliary motors, electronic controls, and DC-to-DC converters. Its technology is designed for various applications such as passenger buses, commercial trucks, marine vessels, and military vehicles. The company also provides research, development, and engineering services, along with aftermarket support and remanufacturing. UQM's products are sold to original equipment manufacturers, tier 1 suppliers, and vehicle integrators across multiple markets in the United States, Canada, Europe, and the Asia Pacific. As of July 2019, UQM operates as a subsidiary of Danfoss Power Solutions (US) Company.

ClearFuels Technology

Grant in 2009
Founded in 1998, ClearFuels Technology Inc. is a leading developer of low-cost advanced renewable biofuels with a well-defined strategy for near-term commercialization of our highly flexible thermochemical platform. ClearFuels employs a proprietary thermochemical steam reformation process that converts multiple mixed cellulosic biomass feedstocks into high-value energy products including ethanol, renewable Fischer-Tropsch or "FT" diesel, hydrogen and electrical power at industry-leading yields. Clearfuels' unique ability to utilize multiple types of feedstock minimizes cost and production impact due to specific feedstock price fluctuations or availability while the ability to produce several types of high-value energy products from the same BTG platform offers the flexibility to meet specific energy demands with lower commodity risks

ZeaChem

Grant in 2009
ZeaChem is focused on developing sustainable alternatives to petroleum-based fuels and chemicals, utilizing renewable biomass sources such as wood chips, wheat straw, corn stover, and grasses. The company employs a proprietary fermentation process that converts all carbon in the sugars into end products, resulting in high yields and making its products competitive with traditional fossil fuels, even without subsidies. By targeting the $1 trillion chemicals and fuels markets, ZeaChem aims to provide high-margin solutions that address environmental concerns while maintaining economic viability.

Beacon Power

Grant in 2009
Beacon Power, LLC specializes in the design, development, and manufacturing of grid-scale flywheel energy storage systems aimed at improving the reliability and stability of electricity grids in the United States and internationally. The company's innovative technology converts electric energy into rotating kinetic energy, which can be stored and transmitted efficiently. Beacon Power's products are utilized for various applications, including power grid efficiency, frequency regulation, and integration of renewable energy sources. In addition to its flywheel systems, the company offers grid stability services that enhance the performance of electric power grids. Headquartered in Tyngsboro, Massachusetts, Beacon Power operates facilities in Stephentown, New York; Hazle Township, Pennsylvania; and Tyngsboro, Massachusetts, focusing on delivering sustainable energy solutions for utility and distributed generation markets.

Fisker

Debt Financing in 2009
Fisker, Inc. is a designer and manufacturer of electric vehicles and mobility solutions, headquartered in Manhattan Beach, California. The company aims to revolutionize the automotive industry by creating eco-friendly vehicles that evoke emotional responses from consumers. Fisker's commitment to sustainability is reflected in its focus on producing electric vehicles that align with modern environmental standards. The company has a notable history, having previously produced the Fisker Karma, one of the first luxury plug-in hybrid electric vehicles, which garnered attention during its debut at the 2008 North American International Auto Show. Although production of the Karma was halted in 2012, Fisker has since shifted its focus towards developing innovative electric vehicles that meet the growing demand for sustainable transportation solutions.

EnerG2

Grant in 2009
EnerG2, Inc. is a manufacturer of advanced engineered carbon materials specifically designed for energy storage devices. Founded in 2003 and headquartered in Seattle, Washington, with an additional facility in Albany, Oregon, the company specializes in producing high-performance carbon materials for applications such as ultracapacitors, lead-acid batteries, and lithium-ion batteries. Utilizing proprietary manufacturing technologies, EnerG2 creates nano-structured carbon products that significantly enhance power density and cycle life, addressing the limitations of naturally occurring carbon materials. The company's focus on innovation positions it as a key supplier to energy storage device manufacturers.

A123 Systems

Grant in 2009
A123 Systems is a prominent developer and manufacturer of advanced lithium-ion batteries and energy storage systems. The company leverages innovative nanoscale materials initially developed at MIT to create its proprietary Nanophosphate electrode technology, which offers significant advantages over competing high-power technologies. A123's battery cells and electrode designs are engineered to reduce costs per watt and per watt-hour, while also providing higher voltage compared to other long-life battery systems. This results in lower overall pack costs and enhanced price-performance due to the batteries' long lifespan, which minimizes lifecycle costs. A123 Systems serves clients across various industries by delivering efficient power solutions that increase battery life and safety in electronic devices. Competitors in the space include Valence, Saft, and Lion Cells.

Ecotality

Grant in 2009
ECOtality, Inc., together with its subsidiaries, engages in designing, manufacturing, testing, and commercializing electric vehicle (EV) charging and energy storage systems in the United States and internationally. It primary products include the Blink line of charging stations for passenger vehicle applications, such as Blink Level 2 residential and commercial chargers, and the Blink DC Fast Chargers, as well as a turnkey network operating system for EV drivers, commercial businesses, and utilities; and the Minit-Charger line of fast-charge systems for off-road industrial applications, including material handling operations and airport ground service equipment. The company also provides testing and engineering consulting services that comprise EV Micro-Climate process, a planning and consulting program for municipal planning organizations and utilities for physical charge infrastructure installations at residential, commercial, and public locations, as well as review of regulatory issues, public awareness, and marketing programs to support the various value chains associated with the EV Micro-Climate process. In addition, it offers power solutions comprising solar and battery pack manufacturing and assembly, electric charging station assembly, and repair and maintenance services; and operates Fuel Cell Store, an online marketplace for fuel cell-related products and technologies with online distribution sites in the United States, Japan, Russia, Italy, and Portugal. The company was formerly known as Alchemy Enterprises, Ltd. and changed its name to ECOtality, Inc. in November 2006. ECOtality, Inc. was incorporated in 1999 and is headquartered in San Francisco, California.

Solyndra

Debt Financing in 2009
Solyndra is a manufacturer of cylindrical panels utilizing CIGS thin-film solar cell technology, located in Fremont, California. Established in 2005, the company focuses on designing and producing photovoltaic systems that include both panels and mounting hardware specifically for the commercial rooftop market. Solyndra employs high-volume manufacturing techniques to address the needs of the global solar industry. Its proprietary cylindrical modules are engineered to achieve low installation costs while maximizing solar energy output, particularly on low-slope commercial rooftops. The company operates a fully-automated manufacturing facility spanning 300,000 square feet, underscoring its commitment to efficiency and innovation in solar technology.

Atrex Energy

Venture Round in 2008
Atrex Energy, Inc. specializes in the design and manufacture of advanced power generation systems that utilize tubular solid oxide fuel cell technology. This innovative approach allows the conversion of conventional natural gas and propane into direct current electrical power with high efficiency, eliminating the need for hydrogen and combustion methods found in traditional generators. The company's product offerings include uninterruptible power supplies for first responders, portable telemedicine systems, and solutions tailored for various industries such as oil and gas, mining, construction, off-grid telecommunications, railroads, and environmental monitoring. Atrex Energy's systems are distributed through a network of authorized partners across Alaska, Canada, the United States, and Mexico. Established in 1994 and headquartered in Walpole, Massachusetts, Atrex Energy is poised for growth, anticipating an expansion of its workforce to meet increasing demand for its cost-effective and reliable power generation solutions.

Nanosolar

Grant in 2007
Nanosolar, Inc. is a manufacturer of solar electricity cells and panels, specializing in cost-efficient solar energy solutions. Founded in 2001 and headquartered in San Jose, California, the company also has manufacturing facilities in Berlin, Germany. Nanosolar utilizes a proprietary printing process to produce CIGS (Copper, Indium, Gallium, Selenium) solar cells and lightweight solar-electric cell foils, known as SolarPly, which can be customized to various sizes. This innovative approach minimizes reliance on expensive vacuum deposition equipment, allowing the company to leverage industrial printing techniques for high-speed production. Nanosolar's product line includes utility panels designed for large-scale power plants, making it a significant player in the solar energy sector.

Abound Solar

Grant in 2007
Abound Solar produces next-generation, thin film photovoltaic modules intended to deliver the lowest levelized cost of electricity.

Plug Power

Grant in 2006
Plug Power Inc. specializes in hydrogen fuel cell solutions for electric mobility and stationary power markets across North America and Europe. The company focuses on advanced proton exchange membrane (PEM) fuel cell technologies and offers a range of products, including GenDrive, a hydrogen PEM fuel cell system for material handling electric vehicles, and GenFuel, which encompasses hydrogen fueling delivery and storage systems. Additionally, Plug Power provides GenCare for ongoing maintenance of its fuel cells, GenSure for modular stationary power solutions, and ProGen, a fuel cell stack used in various applications. With a commitment to creating a green hydrogen ecosystem, Plug Power aims to establish hydrogen highways and deliver sustainable energy solutions across multiple sectors, including telecommunications and transportation. Founded in 1997 and headquartered in Latham, New York, the company serves retail-distribution and manufacturing businesses through direct sales and partnerships with original equipment manufacturers and dealer networks.

Plug Power

Grant in 2003
Plug Power Inc. specializes in hydrogen fuel cell solutions for electric mobility and stationary power markets across North America and Europe. The company focuses on advanced proton exchange membrane (PEM) fuel cell technologies and offers a range of products, including GenDrive, a hydrogen PEM fuel cell system for material handling electric vehicles, and GenFuel, which encompasses hydrogen fueling delivery and storage systems. Additionally, Plug Power provides GenCare for ongoing maintenance of its fuel cells, GenSure for modular stationary power solutions, and ProGen, a fuel cell stack used in various applications. With a commitment to creating a green hydrogen ecosystem, Plug Power aims to establish hydrogen highways and deliver sustainable energy solutions across multiple sectors, including telecommunications and transportation. Founded in 1997 and headquartered in Latham, New York, the company serves retail-distribution and manufacturing businesses through direct sales and partnerships with original equipment manufacturers and dealer networks.
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