E.ON is an international energy company headquartered in Essen, Germany, focusing on innovative customer solutions and renewable energy. The company operates two core businesses: energy networks and customer solutions, supplying energy to approximately 47 million customers across Germany, the United Kingdom, Eastern Europe, the Netherlands, Belgium, and Sweden. E.ON's diverse portfolio includes renewable and conventional power generation, natural gas, energy trading, retail, and distribution. With a generation capacity of nearly 68 gigawatts, E.ON is recognized as one of the leading companies in the renewable energy sector. The company is committed to transforming energy systems by integrating cleaner energy solutions and leveraging evolving technologies. E.ON's strategic vision emphasizes decarbonization, increased flexibility in energy generation, and the growth of distributed generation, such as solar power. Through these initiatives, E.ON aims to create a cleaner and more efficient energy future while meeting the changing needs of its customers and supporting sustainable development.
Naked Energy Ltd., founded in 2009 and based in Crawley, United Kingdom, specializes in the manufacture of innovative hybrid solar technology that generates both electricity and heat for various applications. The company's flagship product, Virtu®, utilizes a modular design that incorporates crystalline photovoltaic cells within an evacuated solar thermal collector. This approach allows for the conversion of a significant portion of solar energy—up to 80% of the available 1000W/m2—into usable heat and electricity, regardless of geographic or climatic conditions. The technology is particularly advantageous in urban settings with limited space, making it suitable for a range of customers, including hotels, hospitals, and manufacturing facilities. Naked Energy is in the final stages of preparing for the commercial launch of this scalable and disruptive solution, which aims to enhance energy efficiency and reduce consumption in both domestic and industrial markets.
Tree Energy Solutions
Series C in 2024
Tree Energy Solutions focuses on the production of green hydrogen using solar panels and wind turbines, strategically located in areas with optimal sunlight and wind. The company aims to facilitate the energy transition by delivering green hydrogen at scale to global markets. Employing a unique business model that leverages proven technologies, Tree Energy Solutions caters to various sectors, including mobility, industrial, and power. This approach enables businesses to access renewable hydrogen at competitive prices, thereby supporting sustainable energy initiatives and contributing to a cleaner future.
Tree Energy Solutions
Series B in 2022
Tree Energy Solutions focuses on the production of green hydrogen using solar panels and wind turbines, strategically located in areas with optimal sunlight and wind. The company aims to facilitate the energy transition by delivering green hydrogen at scale to global markets. Employing a unique business model that leverages proven technologies, Tree Energy Solutions caters to various sectors, including mobility, industrial, and power. This approach enables businesses to access renewable hydrogen at competitive prices, thereby supporting sustainable energy initiatives and contributing to a cleaner future.
QBotix
Series B in 2014
A solar panel that tracks the sun throughout the day produces up to 30% more electricity than one that does not. Solar project developers install single-axis tracking for most utility-scale sites, balancing upfront costs versus electricity revenues to maximize rates of return. QBotix disrupts today's cost curve of fixed-tilt, single-axis tracking, and dual-axis tracking with an innovative tracking solution that offers dual-axis tracking at single-axis price. This reduces the levelized cost of energy by 10-20% while providing the added benefit of higher reliability and system intelligence.
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