US Department of Energy

US Department of Energy is a government agency that regulates energy policy, research, and development. The Energy Department's mission is to ensure America’s security and prosperity by addressing its energy, environmental, and nuclear challenges through transformative science and technology solutions.

Maria Robinson

Director of DOE's Grid Deployment Office

Past deals in CleanTech

TEVERRA

Grant in 2025
TEVERRA is a clean energy technology company that provides innovative subsurface solutions aimed at optimizing carbon storage, energy storage, and geothermal operations. The company focuses on converting oil and gas assets into geothermal resources and offers a range of services including subsurface thermal energy storage, geothermal systems, and power plant design. Additionally, TEVERRA specializes in subsurface monitoring, visualization, and control for both geothermal and oil and gas sectors. By developing advanced technology and implementing international projects, TEVERRA supports the transition to a low-carbon and sustainable energy mix.

Ioneer

Post in 2025
Ioneer limited is a materials provider of lithium-boron with a vision of creating for a sustainable future through its 100%-owned Rhyolite Ridge Lithium-Boron Project in Nevada, USA.

Envana Software Solutions

Grant in 2025
Envana Software Solutions, established in 2023 and based in Houston, Texas, offers software-as-a-service products focused on greenhouse gas emissions management and carbon accounting. The company provides tools that enable organizations, particularly in the oil and gas sector, to track, measure, analyze, and forecast the emissions impact of their operations. By enhancing transparency regarding the environmental effects of drilling, completions, and production activities, Envana's software delivers critical insights that help companies manage and reduce their overall carbon footprint effectively.

Arizona Public Service

Debt Financing in 2025
Arizona Public Service Company (APS) is a utility and electricity provider based in Phoenix, Arizona, and has been in operation since its founding in 1886. The company generates electricity from a mix of coal-fired and renewable energy sources, serving both residential and commercial customers. As a subsidiary of Pinnacle West Capital Corporation, APS offers vertically-integrated electric utility services, delivering reliable and affordable energy through retail and wholesale channels. Its commitment to clean energy solutions reflects the company's focus on providing sustainable power to its clients.

Hyliion

Grant in 2024
Hyliion is an innovative company based in Austin, Texas, specializing in electrified solutions for the commercial vehicle industry and other sectors. The company focuses on reducing carbon intensity and greenhouse gas emissions by providing efficient electrified powertrain solutions for Class 8 commercial vehicles. Among its offerings are the Hybrid system and the Hypertruck ERX system, designed to minimize the total cost of ownership for fleet operators. In addition to its work in transportation, Hyliion is developing distributed power generators that can utilize multiple fuel sources, addressing the need for flexible and sustainable electricity production. Their KARNO generator employs a fuel-agnostic approach and features a unique linear heat generator architecture, catering to both stationary and mobile applications. Through these advancements, Hyliion aims to contribute positively to the energy economy while offering practical solutions for a cleaner future.

COnovate

Grant in 2024
COnovate is a startup focused on enhancing lithium-ion battery technology through the development of innovative materials. The company produces bio-sourced electrode materials known as eCOphite, which utilize a graphene monoxide composition to improve energy storage capacity. These carbon-based nanomaterials are designed to integrate seamlessly with existing battery designs, offering a scalable and cost-effective alternative for anode materials. COnovate's products aim to provide higher performance, faster charging capabilities, and improved safety in battery operation, positioning the company as a key player in the advancement of energy storage solutions.

Mazama

Grant in 2024
Mazama Energy is a geothermal operator and development firm committed to developing new techniques and technology for removing heat from scorching rocks to produce baseload electricity at the utility-scale without emitting carbon.

Hydrogen Technologies

Grant in 2024
Hydrogen Technologies specializes in providing zero-emission energy solutions for the commercial and industrial boiler market. The company's cleanH2steam DCC™ Boiler is designed for diverse applications, including power generation plants, district heating, food processing, chemical refining, pulp and paper mills, and large venue halls. It functions similarly to traditional boilers used for heat, hot water, and industrial steam, while offering high energy efficiency and safety. By delivering cost-effective and environmentally friendly boiler solutions, Hydrogen Technologies aims to support its customers in achieving both financial returns and emission reduction objectives.

OnStream CO2

Grant in 2024
OnStream CO2 operates as a developer of carbon storage projects.

ClearSign Combustion

Grant in 2024
ClearSign Combustion Corporation (NASDAQ: CLIR) designs and develops technologies that aim to improve key performance characteristics of combustion systems including energy efficiency, emissions control, fuel flexibility and overall cost effectiveness. Our Electrodynamic Combustion Control™ (ECC™) platform technology improves control of flame shape and heat transfer and optimizes the complex chemical reactions that occur during combustion in order to minimize harmful emissions. For more information about the Company, please visit: www.clearsigncombustion.com.

Li-Cycle

Post in 2024
Li-Cycle is a clean technology firm specializing in the resource recovery of end-of-life lithium-ion batteries. The company utilizes its proprietary Spoke and Hub recycling process, which involves two main components: the Spokes, where battery manufacturing scrap and used batteries are processed to produce black mass, and the Hubs, where this black mass is further refined to recover essential raw materials such as lithium carbonate, cobalt sulfate, and nickel sulfate. Li-Cycle's innovative approach aims to recover 80 to 100% of materials from lithium-ion batteries, promoting a sustainable and safe solution for the growing demand for critical battery resources.

Prometheus Materials

Grant in 2024
Prometheus Materials focuses on the development of bio-cement designed to achieve zero carbon emissions, contributing to global sustainability efforts. The company specializes in creating innovative construction materials that utilize algae, water, ambient carbon dioxide, sunlight, and sand. By producing bio-cement and bio-concrete that are carbon negative, Prometheus Materials enables clients to adopt more sustainable practices in construction, thereby helping to reduce overall carbon dioxide emissions associated with traditional concrete production.

Moment Energy

Grant in 2024
Moment Energy focuses on developing sustainable battery energy storage systems that repurpose retired electric vehicle batteries. The company aims to enhance energy reliability for off-grid areas and address peak demand in on-grid locations. By utilizing these repurposed batteries, Moment Energy provides clean, reliable, and cost-effective energy storage solutions, making renewable energy more accessible for both off-grid and industrial customers.

Sparkz

Grant in 2024
Sparkz specializes in innovative battery technology aimed at addressing the limitations of traditional lithium batteries. The company's cobalt-free approach effectively tackles several significant challenges, including low run-time, slow charging rates, rapid deterioration, and supply chain issues. Additionally, Sparkz's technology is designed with environmental and safety concerns in mind, making it a promising solution for the electric mobility sector. By enhancing electrochemical energy storage capabilities, Sparkz is poised to support the growth and advancement of electric mobility innovations.

LongPath Technologies

Debt Financing in 2024
LongPath Technologies is a company that specializes in monitoring services for the oil and gas industry, utilizing advanced laser-based technology to detect leaks in natural gas infrastructure. The company's systems provide long-range capabilities for continuous emissions monitoring, allowing for the identification and quantification of emissions sources across extensive areas. This technology offers clients a cost-effective solution for accurate and precise data tailored to their specific monitoring needs. By empowering operators to validate gas performance, LongPath enhances operational credibility and supports sustainable practices within the sector.

Arizona Public Service

Grant in 2024
Arizona Public Service Company (APS) is a utility and electricity provider based in Phoenix, Arizona, and has been in operation since its founding in 1886. The company generates electricity from a mix of coal-fired and renewable energy sources, serving both residential and commercial customers. As a subsidiary of Pinnacle West Capital Corporation, APS offers vertically-integrated electric utility services, delivering reliable and affordable energy through retail and wholesale channels. Its commitment to clean energy solutions reflects the company's focus on providing sustainable power to its clients.

LanzaTech

Grant in 2024
LanzaTech is turning our global carbon crisis into a feedstock opportunity with the potential to displace 30% of crude oil use today and reduce global CO2 emissions by 10%. By recycling carbon from industrial off-gases; syngas generated from any biomass resource (e.g. municipal solid waste (MSW), organic industrial waste, agricultural waste); and reformed biogas, LanzaTech can reduce emissions and make new products for a circular carbon economy. LanzaTech’s carbon recycling technology is like retrofitting a brewery onto an emission source like a steel mill or a landfill site, but instead of using sugars and yeast to make beer, pollution is converted by bacteria to fuels and chemicals! Imagine a day when your plane is powered by recycled GHG emissions, when your yoga pants started life as pollution from a steel mill. This future is possible using LanzaTech technology.

Wabash Valley Resources

Debt Financing in 2024
Wabash Valley Resources develops innovative and effective solutions to manufacture, store, and deliver hydrogen energy worldwide.

1PointFive

Grant in 2024
1PointFive is a platform focused on Carbon Capture, Utilization, and Sequestration (CCUS), aiming to provide effective solutions for decarbonization and the reduction of CO₂ emissions. The company specializes in direct air capture technology, which enables the extraction of carbon dioxide directly from the atmosphere, independent of emission sources. By commercializing direct air capture facilities at an industrial scale, 1PointFive supports industries that are challenging to decarbonize, including long-haul trucking, shipping, and aviation. This approach contributes to the broader goal of mitigating climate change and fostering a circular carbon economy.

EPRI

Grant in 2024
The Electric Power Research Institute, Inc. (EPRI) conducts research and development relating to the generation, delivery and use of electricity for the benefit of the public.

Plug Power

Grant in 2024
Plug Power Inc. is a leading provider of hydrogen fuel cell solutions, focusing on the electric mobility and stationary power markets in North America and Europe. The company specializes in proton exchange membrane (PEM) fuel cell and fuel processing technologies, along with hybrid systems and hydrogen storage infrastructure. Its product offerings include GenDrive, a PEM fuel cell system for electric material handling vehicles; GenFuel, a hydrogen fueling and storage system; GenCare, a maintenance service for its fuel cells; GenSure, a modular fuel cell solution for backup power; and ProGen, a fuel cell technology used in various applications. Plug Power has deployed over 40,000 fuel cell systems, establishing a significant presence in the market and becoming the largest buyer of liquid hydrogen. The company aims to build a comprehensive green hydrogen ecosystem, facilitating the transition to sustainable energy solutions across multiple industries, including retail, transportation, and utilities. Founded in 1997, Plug Power is headquartered in Latham, New York.

Advent Diamond

Grant in 2024
Advent Diamond specializes in the development and manufacturing of advanced semiconductor materials and components tailored for applications in telecommunications, power, quantum technologies, and sophisticated sensors. The company focuses on producing semiconducting diamond components by utilizing cleanroom processing, lithography, and surface modification techniques. In addition to its core offerings, Advent Diamond is engaged in creating innovative radiation detectors designed for the defense, commercial, and scientific sectors. Through its cutting-edge technology and expertise, the company aims to support various industries by enhancing their capabilities and fostering innovation.

SkyNano

Grant in 2024
SkyNano is a technology company dedicated to addressing carbon pollution through innovative solutions. It specializes in converting carbon emissions into valuable chemical feedstocks for the production of advanced carbon materials. Utilizing proprietary electrochemistry, SkyNano offers a low-cost and scalable manufacturing process that is both sustainable and efficient. The company's approach aims to provide functional materials that can have a wide range of applications, helping clients mitigate the adverse effects of climate change while promoting a more sustainable future.

Noria Energy

Grant in 2024
Noria Energy, founded in 2018, specializes in designing and developing solar photovoltaic projects primarily for wastewater treatment plants, as well as commercial, industrial, and hydroelectric power plant clients. The company has successfully constructed over 1GW of solar capacity and currently boasts a project pipeline exceeding 200MW, which is anticipated to grow rapidly. Noria offers both floating and traditional ground-mount solar solutions, enabling customers to utilize solar power directly without relying on utility companies. These behind-the-meter projects help clients reduce energy costs, take advantage of renewable energy incentives, and achieve their clean energy objectives while providing protection against grid disruptions.

Triton Anchor

Grant in 2024
Triton Anchor specializes in subsea technology aimed at improving anchor systems for offshore applications. The company provides innovative anchoring solutions, including catenary and tension leg configurations, suitable for various soil types. Triton Anchor's technology focuses on delivering efficient and cost-effective anchoring station-keeping services, offering a low-weight, modular system that can be silently installed. This versatility allows clients in the offshore wind industry to optimize their anchoring solutions, enhancing performance while reducing costs.

Carbon To Stone

Grant in 2024
Carbon To Stone is a developer focused on carbon management and resource recovery solutions for heavy industries. The company specializes in the process of carbon mineralization, which captures carbon dioxide from the atmosphere or specific emission sources and combines it with alkaline industrial residues. This innovative approach converts carbon dioxide into solid carbonates, effectively locking atmospheric carbon into stone. In addition to mitigating carbon emissions, Carbon To Stone enables the recovery of energy-critical metals and materials from environmental waste, contributing to a more sustainable industrial process.

InnoSense

Grant in 2024
InnoSense is a research and development organization specializing in sensors, materials, coatings, renewable energy, and medical diagnostic devices and therapeutic agents. The company serves various industries, including defense, aerospace, energy, health care, and industrial markets, offering innovative solutions tailored to the specific needs of these sectors. Through its focus on advanced engineering and technology, InnoSense aims to develop cutting-edge products that address key challenges and enhance operational efficiency in diverse applications.

Faraday Technology

Grant in 2024
Faraday Technology develops and commercializes novel electrochemical technologies. They also manage the intellectual property assets developed from the application of the faradayic process to provide their customers and strategic partners with a competitive advantage.

Resilient Power Systems

Grant in 2024
Resilient Power Systems provides power converters such as DCFC supercharging stations in a box and renewable H2 energy power converters. The company is developing products to accelerate the deployment of EV charging systems everywhere, they deliver packages to customers, and its technology has the potential to change the delivery of packages. Resilient Power's commercial applications provide EV charger-to-grid technology that is radically efficient. When it comes to municipal, residential development, retail, hospitality, or other applications where time and space are limited, Resilient's line of advanced, solid-state power stations is the answer. Its ultra-compact EV charging depots connect directly to the existing distribution grid, allowing clients to build EV fleets and public charging stations in days rather than months, reducing costly and disruptive site construction. When Resilient's line of high-voltage power electronics is added to the electric power grid, it improves grid efficiency and reliability.

Aspen Aerogels

Grant in 2024
Aspen Aerogels, Inc. specializes in the design, development, manufacturing, and sale of high-performance aerogel insulation products targeted primarily at the energy infrastructure and building materials markets. The company’s offerings include a range of products such as Pyrogel XTE, which mitigates corrosion under insulation in energy systems, and Cryogel Z, designed for cryogenic applications. These products are notably more effective than traditional insulation materials, providing superior thermal performance with reduced weight and thickness. Aspen Aerogels also extends its expertise through contract research services for various U.S. government agencies, including the Department of Defense and the Department of Energy. Founded in 2001 and headquartered in Northborough, Massachusetts, the company has established a global presence, focusing on innovation within its core markets.

Form Energy

Grant in 2024
Form Energy, Inc. specializes in the development of long-duration energy storage systems aimed at enhancing the reliability of renewable energy sources such as wind and solar. Founded in 2017 and based in Somerville, Massachusetts, the company focuses on creating low-cost battery systems, including its innovative iron-air battery technology, which allows for energy storage over extended periods. This capability enables the dispatch of renewable energy throughout the year, effectively replacing traditional fossil fuel-based generation and contributing to the decarbonization of the electric grid. Additionally, Form Energy offers Formware, a capacity expansion software tool designed to optimize energy management. The company's technological advancements are rooted in research from MIT and are supported by various investors committed to sustainable energy solutions.

Frontier Energy

Grant in 2024
Frontier Energy is a consulting company that involves in energy solutions and energy efficiency for the real estate sector. They offer consulting services for industrial energy efficiency, electric vehicles, decarbonization, hydrogen and fuel cells, direct installation, incentive programs, codes and standards, commercial food service energy efficiency, building energy efficiency, appliance performance testing, alternative transportation, zero net energy consulting, foodservice energy efficiency training, program development and implementation, software development, community outreach, and industrial energy efficiency.

ExSorbtion

Grant in 2024
ExSorbtion specializes in Direct Lithium Extraction (DLE) technology, focusing on the extraction of lithium from oilfield and geothermal brines as well as salars. The company aims to offer innovative and cost-effective solutions that enable the efficient extraction of lithium, a critical component in energy storage materials. By developing these distinct extraction methods, ExSorbtion seeks to provide valuable resources to its partners and customers, supporting the growing demand for lithium in various applications.

IT Asset Partners

Grant in 2024
Electronic Asset Management, Reverse Logistics, Environmental Recycling, IT Asset Disposition, Computer Recycling, Asset Value Recovery

Commonwealth Fusion Systems

Grant in 2024
Commonwealth Fusion Systems LLC is a research and development company focused on advancing fusion energy technology to provide an inexhaustible power source. Established in 2017 and based in Cambridge, Massachusetts, the company utilizes rare-earth barium copper oxide superconductor technology to create fusion energy systems. Commonwealth Fusion Systems was spun out of the Massachusetts Institute of Technology (MIT) and collaborates with MIT’s Plasma Science and Fusion Center to leverage decades of government-funded fusion research. By integrating established physics with innovative magnet technology, the company aims to accelerate the commercialization of fusion energy, positioning itself as a key player in the transition to clean and renewable energy sources while addressing climate change challenges.

Swift Solar

Grant in 2024
Swift Solar Inc. is a company that designs and manufactures lightweight solar panels and systems, focusing on advanced solar technology. Established in 2017 and headquartered in San Carlos, California, with an additional site in Golden, Colorado, Swift Solar specializes in perovskite solar cells, which are engineered to be more efficient and cost-effective than conventional solar panels. The company’s innovative approach involves creating ultra-thin perovskite films that absorb various parts of the solar spectrum, resulting in high-efficiency tandem solar cells. These cells not only enhance solar conversion efficiency but also provide significant weight advantages, making them suitable for applications in aerospace, automotive, and building sectors. Swift Solar emphasizes domestic manufacturing and utilizes abundant raw materials to ensure scalability in its operations.

Plug Power

Post in 2024
Plug Power Inc. is a leading provider of hydrogen fuel cell solutions, focusing on the electric mobility and stationary power markets in North America and Europe. The company specializes in proton exchange membrane (PEM) fuel cell and fuel processing technologies, along with hybrid systems and hydrogen storage infrastructure. Its product offerings include GenDrive, a PEM fuel cell system for electric material handling vehicles; GenFuel, a hydrogen fueling and storage system; GenCare, a maintenance service for its fuel cells; GenSure, a modular fuel cell solution for backup power; and ProGen, a fuel cell technology used in various applications. Plug Power has deployed over 40,000 fuel cell systems, establishing a significant presence in the market and becoming the largest buyer of liquid hydrogen. The company aims to build a comprehensive green hydrogen ecosystem, facilitating the transition to sustainable energy solutions across multiple industries, including retail, transportation, and utilities. Founded in 1997, Plug Power is headquartered in Latham, New York.

Blip Energy

Grant in 2024
Blip Energy is focused on developing innovative battery energy storage systems to address rising peak demand and enhance the smart grid infrastructure. The company offers a smart, plug-and-play battery system that leverages artificial intelligence to help households reduce electric bills while providing essential backup power. By creating a distributed network of Internet of Things (IoT) batteries, Blip Energy aims to empower grid operators with the necessary tools and data to stabilize the grid and optimize energy costs for users. Their solutions facilitate energy management without the complexities of permitting and installation, aligning with current needs for resilience and cost savings. Blip Energy's approach supports the transition to a more sustainable, efficient, and reliable power grid for all.

Avium

Grant in 2024
Avium develops fuels and chemicals from CO2, water, and renewable energy. The company was founded in 2017 and is based in Lawrence, Kansas.

Moment Energy

Grant in 2024
Moment Energy focuses on developing sustainable battery energy storage systems that repurpose retired electric vehicle batteries. The company aims to enhance energy reliability for off-grid areas and address peak demand in on-grid locations. By utilizing these repurposed batteries, Moment Energy provides clean, reliable, and cost-effective energy storage solutions, making renewable energy more accessible for both off-grid and industrial customers.

CleanTech Strategies

Grant in 2024
CleanTech Strategies (CTS) is a subject matter expert firm specializing in energy storage, power electronics, microgrids, renewables, and advanced materials.

Verde Clean Fuels

Grant in 2024
Verde Clean Fuels is a renewable energy company focused on converting synthesis gas, or syngas, into liquid hydrocarbons suitable for gasoline production. The syngas is sourced from a variety of feedstocks, including biomass, municipal solid waste (MSW), mixed plastics, and natural gas, including synthetic natural gas. Utilizing a proprietary technology known as the STG process, Verde Clean Fuels aims to provide sustainable fuel solutions that contribute to reducing reliance on fossil fuels and promoting cleaner energy alternatives.

Highland Materials

Grant in 2024
Highland Materials technology manufactures the industry's lowest-cost poly silicon and aluminium products for application in solar, battery, automobile, aerospace, and other markets.

Brimstone

Grant in 2024
Brimstone is a company that has developed a carbon-negative process for producing ordinary Portland cement and supplementary cementitious material. Founded in 2019 and based in Oakland, California, Brimstone's innovative technology employs carbon-free calcium silicate rock instead of traditional limestone, resulting in a product that matches the performance of conventional materials while remaining cost-competitive at scale. This advancement aims to provide the construction industry with a cleaner and more sustainable alternative to traditional cement production methods.

Skyven Technologies

Grant in 2024
Skyven Technologies is an energy-as-a-service company focused on decarbonizing industrial process heat for manufacturers in hard-to-decarbonize sectors. The company aims to reduce onsite CO2 emissions by providing clean, emissions-free process heat at costs lower than natural gas. Skyven implements advanced decarbonization technologies, such as their Arcturus line of steam-generating heat pumps, without requiring capital expenditures or disrupting manufacturing processes. They monitor carbon emissions in real-time and charge clients only for the clean energy supplied. Additionally, Skyven offers dashboards that display real-time data on savings and carbon metrics, supporting facilities in their transition to greener energy sources while also recovering waste heat to produce sustainable steam.

Pajarito Powder

Grant in 2024
Pajarito Powder, a U.S. based, venture-backed company, develops and manufactures advanced catalysts and Engineered Catalyst Supports for PEM electrolyzers and fuel cells. The Pajarito Powder team brings decades of first-class catalyst development and manufacturing experience to support the company mission: to provide high-performance, affordable catalyst technology to the hydrogen economy. Supported by a comprehensive portfolio of both internally developed and externally licensed intellectual property, Pajarito Powder has created a manufacturing platform designed to provide contemporary solutions for the automotive industry, as well as long-term catalyst innovation into the future.

Ørsted

Grant in 2024
Ørsted is a Danish company specializing in the development and maintenance of offshore and onshore renewable energy farms, energy storage facilities, and bioenergy plants. Formerly known as DONG Energy, Ørsted has undergone a significant transformation over the past decade, committing to a vision of a world powered entirely by green energy. The company has dramatically reduced its coal consumption by 73% and aims to completely phase out coal by 2023. As a global leader in offshore wind, Ørsted holds a 25% market share, providing energy to approximately 9.5 million people. By the end of 2023, Ørsted operated 8.9 gigawatts of offshore wind capacity, with the United Kingdom being its largest market, followed by Germany and Denmark. The company is also expanding its presence outside Europe with projects in Taiwan and the United States, where it operates 4.8 gigawatts of onshore wind and solar assets. In addition to its renewable initiatives, Ørsted still engages in traditional utilities, including conventional power plants.

Nuvera Fuel Cells

Grant in 2024
Nuvera Fuel Cells, LLC specializes in manufacturing heavy-duty, zero-emissions engines tailored for mobility applications. The company operates facilities in both the United States and Europe, focusing on clean and efficient fuel cell technology. Nuvera's products serve a diverse range of markets, including on- and off-road vehicles, industrial equipment, port and maritime applications, as well as stationary and portable power solutions. By addressing the demanding requirements of these sectors, Nuvera enables its clients to meet global commercial standards for sustainability and efficiency.

Plug Power

Grant in 2024
Plug Power Inc. is a leading provider of hydrogen fuel cell solutions, focusing on the electric mobility and stationary power markets in North America and Europe. The company specializes in proton exchange membrane (PEM) fuel cell and fuel processing technologies, along with hybrid systems and hydrogen storage infrastructure. Its product offerings include GenDrive, a PEM fuel cell system for electric material handling vehicles; GenFuel, a hydrogen fueling and storage system; GenCare, a maintenance service for its fuel cells; GenSure, a modular fuel cell solution for backup power; and ProGen, a fuel cell technology used in various applications. Plug Power has deployed over 40,000 fuel cell systems, establishing a significant presence in the market and becoming the largest buyer of liquid hydrogen. The company aims to build a comprehensive green hydrogen ecosystem, facilitating the transition to sustainable energy solutions across multiple industries, including retail, transportation, and utilities. Founded in 1997, Plug Power is headquartered in Latham, New York.

NEL Hydrogen

Grant in 2024
NEL Hydrogen provides solutions that allow people and businesses to generate, store, and distribute hydrogen from renewable energy. It supplies energy-efficient hydrogen solutions for industrial applications, hydrogen fuelling stations, and distributed energy systems worldwide. NEL Hydrogen is a Norwegian company based in Norway and has also been known as Norsk Hydro Electrolysers (NHEL) and Hydrogen Technologies.

8 Rivers

Grant in 2024
8 Rivers is a company focused on developing infrastructure-scale technologies that significantly reduce or eliminate CO2 emissions. Since its inception in 2008, it has concentrated on commercializing solutions across various sectors, with particular emphasis on oxy-combustion and ultra-low carbon intensity processes. Its technology portfolio includes ultra-low carbon hydrogen production, innovative low-carbon power cycles, and advanced direct air capture systems. 8 Rivers holds the largest number of CO2-related patents globally and has successfully raised over $1 billion in funding to support its initiatives. The company aims to facilitate the energy transition by delivering economic and sustainable hydrogen production and addressing the utilization of captured CO2 for producing valuable products. By balancing economic viability with scientific innovation, 8 Rivers enables both companies and governments to achieve their net-zero goals while contributing to broader societal challenges.

Capture6

Grant in 2024
Capture6 develops and commercializes highly scalable approaches to remove carbon dioxide from the atmosphere. The company is pioneering an approach that can be deployed today by repurposing existing industrial scale technologies.

EPRI

Grant in 2024
The Electric Power Research Institute, Inc. (EPRI) conducts research and development relating to the generation, delivery and use of electricity for the benefit of the public.

Cryomagnetics

Grant in 2024
Cryomagnetics is an engineering and manufacturing facility established in 1983 that specializes in the development of superconducting magnets and related technologies for the research and medical sectors. The company designs and produces a comprehensive range of products, including ultra-low temperature cryogenic research tools, cryostats, dilution refrigerators, cryogen-free systems, and various cryogenic accessories. With the capability to manufacture complete superconducting magnet systems in-house, Cryomagnetics serves as a reliable source for advanced cryogenic solutions, catering to the needs of its diverse clientele in scientific and medical applications.

Faraday Technology

Grant in 2024
Faraday Technology develops and commercializes novel electrochemical technologies. They also manage the intellectual property assets developed from the application of the faradayic process to provide their customers and strategic partners with a competitive advantage.

Cold Quanta

Grant in 2024
Cold Quanta works in Cold Atom Quantum Technology, the most scalable, versatile, and commercially viable application of quantum.

Carbon Solutions

Grant in 2024
Carbon Solutions provides low-carbon energy research and development and software. They offer carbon management services. They support integrated CO₂ capture, transport, and storage solutions. They offer market assessments, project feasibility, and project design services.

Koloma

Grant in 2024
Koloma is a geologic hydrogen company focused on identifying and commercializing geologic hydrogen resources. By utilizing its technology and proprietary data, Koloma develops data-driven solutions for energy transition resource development. The company's initiatives aim to reduce global carbon emissions, providing businesses with the tools to lower their carbon footprint and contribute to climate change mitigation efforts. Through its innovative approach, Koloma seeks to advance clean energy technology and support the transition towards a more sustainable energy future.

Lyten

Grant in 2024
Lyten is an advanced materials company focused on developing low-carbon products and technologies. By capturing carbon from methane, Lyten transforms it into 3D Graphene, a versatile supermaterial that underpins its innovations aimed at decarbonization. The company is working on advanced lithium-sulfur batteries suitable for automotive, aerospace, and defense applications, enhancing electric vehicle performance with improved energy density, safety, and fast charging capabilities. Additionally, Lyten is developing a polymer composite that can reduce plastic usage by up to 50% while maintaining structural integrity and impact resistance. The company is also advancing next-generation sensors designed for automotive, industrial, health, and safety sectors, which boast significantly improved detection sensitivity and selectivity.

Simonpietri Enterprises

Grant in 2024
Simonpietri Enterprises provides innovative technology and business consulting services to leading companies in transportation, fuel waste management, and defense.

RedoxBlox

Grant in 2024
RedoxBlox specializes in thermochemical energy storage technology aimed at decarbonizing high-temperature industrial thermal processing and enhancing natural gas power production. By providing a cost-effective alternative to fossil fuels, the company enables continuous energy discharge at high temperatures, significantly reducing carbon and nitrogen oxide emissions. Its system is designed to integrate seamlessly with existing infrastructure, improving grid resilience while supporting industrial processors and power plant operators. RedoxBlox's technology facilitates the electrification and storage of energy, allowing industries to harness renewable energy sources through large-scale, long-duration energy storage solutions.

SiLi-ion

Grant in 2024
SiLi-ion has developed an “ultra-nano-silicon” powder material that entirely replaces graphite in a lithium-ion battery (LIB). This breakthrough increases the anode’s energy density by over four times and reduces CO2e emissions by 68 kilos for every kilo sold, amounting to a reduction of 50,000 kilos per EV using “ultra-nano-silicon.” As a materials company, SiLi-ion plans to sell this revolutionary material to battery manufacturers. Our platform not only outperforms competitors like Sila Nano, Group14, and OneD but is also less expensive to produce ($/kWh) compared to graphite and synthetic graphite. The material seamlessly integrates into existing LIB manufacturing lines for electric vehicles (EVs) and grid storage applications. Furthermore, it serves as an Inflation Reduction Act critical mineral replacement, enabling battery EV tax breaks for auto OEMs selling in the US.

Faraday Technology

Grant in 2024
Faraday Technology develops and commercializes novel electrochemical technologies. They also manage the intellectual property assets developed from the application of the faradayic process to provide their customers and strategic partners with a competitive advantage.

AMPeers

Grant in 2024
AMPeers provides novel solutions to a variety of material issues. It manufactures and sells one-of-a-kind goods such as round high-temperature superconductor wires and defect-tolerant superconductor tapes for a variety of applications.

Xelera Research

Grant in 2024
Xelera Research offers a developing global demand for expertise in advanced accelerator development.

BiaTech

Grant in 2024
BiaTech Corporation is focused on advancing digital technology to support energy and industrial decarbonization. The company recognizes the critical importance of energy, chemistry, and material science in addressing environmental challenges. By partnering with industry leaders, BiaTech leverages artificial intelligence, machine learning, simulation, and distributed ledger technologies to tackle decarbonization issues. These innovations enable clients to reduce their carbon footprint and progress towards sustainability objectives.

LongPath Technologies

Debt Financing in 2024
LongPath Technologies is a company that specializes in monitoring services for the oil and gas industry, utilizing advanced laser-based technology to detect leaks in natural gas infrastructure. The company's systems provide long-range capabilities for continuous emissions monitoring, allowing for the identification and quantification of emissions sources across extensive areas. This technology offers clients a cost-effective solution for accurate and precise data tailored to their specific monitoring needs. By empowering operators to validate gas performance, LongPath enhances operational credibility and supports sustainable practices within the sector.

6K

Grant in 2023
6K is a company that specializes in advanced microwave plasma technology to develop engineered materials for various industries, including additive manufacturing, renewable energy, aerospace, and consumer electronics. Founded in 2014 and headquartered in North Andover, Massachusetts, 6K focuses on sustainability while producing high-quality materials tailored to specific industry needs. Its proprietary Unimelt systems significantly accelerate production times, transforming battery cathode material manufacturing from days to mere seconds, while reducing energy consumption by two-thirds and generating no wastewater. Additionally, in the realm of additive manufacturing, 6K creates premium powders from certified millings and turnings, utilizing sustainable input streams and producing only the necessary sizes to minimize waste. Through its innovative processes, 6K provides companies with unprecedented access to materials engineering, enabling the creation of a new range of commercial and consumer products.

Multiscale Systems

Grant in 2023
Multiscale Systems produces industrial innovations through technical engineering services and a robust in-house R&D program. The company specializes in metamaterial composites and focuses on advanced manufacturing.

Brechtel

Grant in 2023
Brechtel provides data that helps reduce the impacts of climate change and improve its quality. They design and manufacture aerosol measurement products for sizing, counting, and determining the chemical composition of nanoparticles.

Renascent Energy Management

Grant in 2023
Renascent Energy Management is a privately held, technology-focused energy firm that develops decarbonization solutions for producing clean hydrogen from natural gas.

Carbon Solutions

Grant in 2023
Carbon Solutions provides low-carbon energy research and development and software. They offer carbon management services. They support integrated CO₂ capture, transport, and storage solutions. They offer market assessments, project feasibility, and project design services.

Faraday Technology

Grant in 2023
Faraday Technology develops and commercializes novel electrochemical technologies. They also manage the intellectual property assets developed from the application of the faradayic process to provide their customers and strategic partners with a competitive advantage.

LuxWall

Grant in 2023
LuxWall is a building materials company that pioneers the design and manufacture of vacuum-insulated glass. LuxWall produces glass that acts as transparent insulation, providing thermal insulation values comparable to fiberglass wall insulation. With widespread adoption, LuxWall's patented technology has the potential to reduce global carbon emissions by more than 0.5 gigatonnes per year. The company was founded in 2020 and is headquartered in Ypsilanti, Michigan, United States.

Evansville Energy Nucleus

Grant in 2023
Evansville Energy Nucleus is a collaborative project between Evansville-based not-for-profit Circular Venture Lab and the University of Evansville’s Center for Innovation and Change that provides resources specifically for manufacturers of clean energy components and systems.

Zymochem

Grant in 2023
ZymoChem, Inc. is a biotechnology company based in Emeryville, California, founded in 2013. It specializes in the development of eco-friendly chemicals and bioprocesses using engineered microbes to convert renewable feedstocks, such as sugars, into industrial chemicals. The company’s bio-manufacturing platform aims to produce bio-based materials while minimizing carbon emissions during production, thereby supporting a carbon-efficient economy. By establishing cost-effective bioprocesses and novel biosynthetic pathways, ZymoChem enables clients to reduce production costs and enhance their competitiveness in the market. Through its innovative approach, the company contributes to sustainable manufacturing practices and the advancement of a real-zero economy.

Marin Clean Energy

Grant in 2023
Marin Clean Energy is a private company based in San Rafael, California, specializing in the provision of renewable electricity services. The firm is dedicated to reducing greenhouse gas emissions by offering cleaner energy options to its customers. Through its initiatives, Marin Clean Energy aims to promote sustainability and support the transition to a more environmentally friendly energy landscape.

C-Crete Technologies

Grant in 2023
C-Crete Technologies is an invention and technology development company building and commercializing technological paradigm shifts of the future in energy, environment, materials, construction, industrial and infrastructure. C-Crete works at the intersection of materials science, nanotechnology, multiscale computations, predictive analytics, software, hardware and manufacturing to drive next generation of innovations for a low carbon and energy efficient world.

Argonne National Laboratory

Grant in 2023
Argonne is a multidisciplinary science and engineering research center, where “dream teams” of world-class researchers work alongside experts from industry, academia and other government laboratories to address vital national challenges in clean energy, environment, technology and national security. Through collaborations with researchers here at Argonne and around the world, they strive to discover new ways to develop energy innovations through science, create novel materials molecule-by-molecule, and gain a deeper understanding of their planet, their climate and the cosmos. Surrounded by the highest concentration of top-tier research organizations in the world, Argonne leverages its Chicago-area location to lead discovery and to power innovation in a wide range of core scientific capabilities, from high-energy physics and materials science to structural biology and advanced computer science. Embracing the nation’s greatest challenges, Argonne’s world-renowned scientists and engineers conduct pioneering research that advances America’s scientific excellence and leadership and helps pave the way to a secure nation with a plentiful supply of safe, sustainable energy, a healthy environment, and a competitive economy. They pursue big, ambitious ideas that redefine what is possible. Their pursuit of groundbreaking discoveries pushes the boundaries of fundamental science, applied science and engineering to solve complex challenges and develop useful technologies that can transform the marketplace and change the world. A center for world-class discovery and scientific excellence, their diverse and dynamic research agenda spans 15 scientific divisions, 14 centers, and six national user facilities. This rich scientific environment provides their researchers – and those who visit us from all corners of the globe – with an extraordinary range of cutting-edge facilities and scientific tools that support in-depth research, drive technological breakthroughs, and improve their nation’s competitiveness and quality of life. Argonne is managed by UChicago Argonne, LLC, for the U.S. Department of Energy's Office of Science

RedFlow

Grant in 2023
RedFlow is a leading company in the development, manufacture, and sale of zinc-bromide modules (ZBMs), which are advanced bromine flowing electrolyte battery systems. These batteries offer sustainable energy storage solutions suitable for a variety of applications, including telecommunications, renewable energy integration, and both on and off-grid power systems. RedFlow's products are designed for high cycle-rate and long-duration stationary energy storage, making them ideal for residential, commercial, and industrial sectors, as well as for telecommunications. The company's technology is scalable, accommodating installations from single battery units to large grid-scale deployments, thereby supporting microgrids and smart grid initiatives while also enabling deferral of transmission and distribution needs.

EPRI

Grant in 2023
The Electric Power Research Institute, Inc. (EPRI) conducts research and development relating to the generation, delivery and use of electricity for the benefit of the public.

Sperra

Grant in 2023
Sperra is focused on advancing renewable energy through innovative energy storage and construction technologies. The company has developed a long-duration energy storage solution known as M-PHES, which utilizes large hollow concrete spheres placed on the seafloor to store mechanical energy as pressure. This system retains the advantages of conventional pumped hydro storage while expanding deployment possibilities, reducing development timelines, and enhancing modularity. Additionally, Sperra is pioneering three-dimensional concrete printing technology to create custom infrastructure for offshore wind, floating solar, and wave energy projects. By employing automated design and construction methods, the company minimizes material waste and carbon emissions while utilizing local resources, thereby contributing to more resilient and cost-effective solutions for the renewable energy sector.

Nth Cycle

Grant in 2023
Nth Cycle is a metal processing technology company that focuses on recovering critical minerals through innovative electro-extraction methods. It collaborates with battery recyclers and mining operations to extract production-grade minerals from e-waste and low-grade mine tailings, offering a cleaner and more customizable alternative to traditional hydrometallurgical and pyrometallurgical processes. By utilizing its advanced recycling technology, Nth Cycle aims to reduce reliance on primary mining, thereby creating a sustainable secondary source of rare earth metals in the United States. This approach supports the manufacturing and recycling industries while contributing to advancements in clean energy.

ReJoule

Grant in 2023
ReJoule is focused on addressing the challenges associated with battery health information, which often leads to significant waste, especially at the end of a battery's life. The company has developed a battery diagnostic platform that significantly reduces testing time from hours to minutes, allowing for quick and accurate assessments of batteries for second-life applications. By testing batteries in-vehicle during their initial use, ReJoule enables equipment manufacturers to extend the useful life of batteries, facilitating their repurposing to store energy multiple times. This approach promotes sustainability and contributes to a circular economy by minimizing battery waste and lowering costs for manufacturers.

C-Crete Technologies

Grant in 2023
C-Crete Technologies is an invention and technology development company building and commercializing technological paradigm shifts of the future in energy, environment, materials, construction, industrial and infrastructure. C-Crete works at the intersection of materials science, nanotechnology, multiscale computations, predictive analytics, software, hardware and manufacturing to drive next generation of innovations for a low carbon and energy efficient world.

ReJoule

Grant in 2023
ReJoule is focused on addressing the challenges associated with battery health information, which often leads to significant waste, especially at the end of a battery's life. The company has developed a battery diagnostic platform that significantly reduces testing time from hours to minutes, allowing for quick and accurate assessments of batteries for second-life applications. By testing batteries in-vehicle during their initial use, ReJoule enables equipment manufacturers to extend the useful life of batteries, facilitating their repurposing to store energy multiple times. This approach promotes sustainability and contributes to a circular economy by minimizing battery waste and lowering costs for manufacturers.

ClearSign Combustion

Grant in 2023
ClearSign Combustion Corporation (NASDAQ: CLIR) designs and develops technologies that aim to improve key performance characteristics of combustion systems including energy efficiency, emissions control, fuel flexibility and overall cost effectiveness. Our Electrodynamic Combustion Control™ (ECC™) platform technology improves control of flame shape and heat transfer and optimizes the complex chemical reactions that occur during combustion in order to minimize harmful emissions. For more information about the Company, please visit: www.clearsigncombustion.com.

Stellarex

Grant in 2023
Stellarex is a fusion energy development business.Stellarex is capitalizing on the tremendous advantages of the stellarator approach to fusion, including new discoveries in essential fusion technologies.

1PointFive

Grant in 2023
1PointFive is a platform focused on Carbon Capture, Utilization, and Sequestration (CCUS), aiming to provide effective solutions for decarbonization and the reduction of CO₂ emissions. The company specializes in direct air capture technology, which enables the extraction of carbon dioxide directly from the atmosphere, independent of emission sources. By commercializing direct air capture facilities at an industrial scale, 1PointFive supports industries that are challenging to decarbonize, including long-haul trucking, shipping, and aviation. This approach contributes to the broader goal of mitigating climate change and fostering a circular carbon economy.

Multiscale Systems

Grant in 2023
Multiscale Systems produces industrial innovations through technical engineering services and a robust in-house R&D program. The company specializes in metamaterial composites and focuses on advanced manufacturing.

Elevate

Grant in 2023
Elevate is a nonprofit system that creates clean heat, power, and water in their homes and communities. They create the benefits and services of the clean energy economy, deliver quality programs and services, and improve the quality of life for homeowners, renters, and building owners.

Copeland

Grant in 2023
Copeland is a manufacturer and distributor of heating, ventilation, air conditioning, and refrigeration products, catering to residential, commercial, and industrial sectors. The company specializes in producing compressors, condensing units, and refrigerants, including hydrofluorocarbons, which are utilized in various applications such as heat pumps, refrigeration, and air conditioning systems. By focusing on energy efficiency and reducing carbon emissions, Copeland aims to enhance comfort and sustainability for its customers. In addition to product manufacturing, the company offers services including system design, testing, education, training, energy management, and on-site monitoring. Headquartered in Sidney, Ohio, Copeland operates internationally with locations across Asia Pacific, Canada, Europe, the United States, Latin America, the Middle East, and Africa.

Nomad Transportable Power Systems

Grant in 2023
NOMAD Transportable Power Systems offers patent-pending technologies to fit any project or application need. It was founded by two companies known for their disruptive innovation and desire to impact clean energy, Northern Reliability, and KORE Power. The idea was formed early in 2015 when a necessity was recognized to deliver energy based on the customers’ needs with a lower cost of entry. Starting in early 2019, NRI and KORE established a working partnership for standard ESS systems that are 100% the U.S. manufactured, designed, and operated. As a result, the mobile revolution was born.

Via Separations

Grant in 2023
Via Separations, Inc. is focused on developing innovative membrane-based products for industrial liquid separation in challenging environments. Founded in 2016 and based in Somerville, Massachusetts, the company aims to address the significant energy waste in the chemical separation process, which accounts for 12% of U.S. energy consumption. By employing its advanced membrane technology, Via Separations can reduce energy use by up to 90% and enhance product output. Their highly selective and robust membrane filters replace traditional heat-based separation methods, contributing to industrial decarbonization efforts. The company is currently conducting pilot trials in pulp and paper facilities, with the goal of eliminating 100 million metric tons of CO2 emissions by 2050. Originating from MIT's Department of Material Science & Engineering, Via Separations has successfully scaled its technology and demonstrated working prototypes at a commercial level.

NexGen Power Systems

Grant in 2023
NexGen Power Systems, Inc., founded in 2017 and based in Santa Clara, California, specializes in developing and manufacturing advanced vertical power semiconductor devices using homoepitaxial gallium nitride (GaN) layers on bulk GaN substrates. The company is focused on reinventing power electronics through its innovative NexGen Vertical GaN™ technology, which enhances the efficiency and reliability of power conversion systems. This technology leads to significant reductions in cost, size, and weight of energy systems, positioning NexGen as a leader in providing compact and efficient solutions for various applications in the power electronics sector.

BlueOval SK

Debt Financing in 2023
BlueOval SK is a joint venture between Ford Motor Company and SK On, focused on producing advanced battery cells for the electric vehicle (EV) market. The company aims to establish a comprehensive automotive manufacturing ecosystem by developing high-quality rechargeable batteries specifically tailored for the automotive industry. Through this collaboration, BlueOval SK seeks to enhance the supply chain for EV production and support the growing demand for sustainable transportation solutions.

Zap Energy

Grant in 2023
Zap Energy, Inc., founded in 2017 and headquartered in Seattle, Washington, specializes in the design and manufacture of sheared-flow stabilized Z-Pinch fusion reactors for power generation. The company’s innovative technology utilizes electric currents to create magnetic fields that confine and compress plasma, enabling efficient energy production through nuclear fusion. This approach offers a low-carbon, cost-effective, and flexible power source while requiring less capital investment compared to traditional fusion methods. By focusing on compact and scalable fusion technology, Zap Energy aims to advance sustainable energy solutions and improve the economics of fusion energy.

Commonwealth Fusion Systems

Grant in 2023
Commonwealth Fusion Systems LLC is a research and development company focused on advancing fusion energy technology to provide an inexhaustible power source. Established in 2017 and based in Cambridge, Massachusetts, the company utilizes rare-earth barium copper oxide superconductor technology to create fusion energy systems. Commonwealth Fusion Systems was spun out of the Massachusetts Institute of Technology (MIT) and collaborates with MIT’s Plasma Science and Fusion Center to leverage decades of government-funded fusion research. By integrating established physics with innovative magnet technology, the company aims to accelerate the commercialization of fusion energy, positioning itself as a key player in the transition to clean and renewable energy sources while addressing climate change challenges.

Carbon America

Grant in 2023
Carbon America is a developer of carbon capture and sequestration (CCS) technology aimed at significantly reducing carbon dioxide emissions. The company focuses on capturing and sequestering large volumes of carbon dioxide from industrial sources, utilizing a multi-strategy approach that emphasizes cost efficiency and rapid deployment. By combining a team of skilled engineers, developers, and financiers, Carbon America operates as a vertically integrated entity designed to scale effectively. This innovative approach not only enhances the efficiency of CCS processes but also positions the company as a leader in the effort to combat global warming by providing solutions that are both effective and economically viable for its clients.

Planted Solar

Venture Round in 2023
Planted Solar is a developer focused on transforming the solar power landscape through an innovative platform that enhances the design and installation of solar power plants. By leveraging development software and construction robots, the company creates high-density, all-terrain power plants on land that was previously deemed unsuitable for solar energy production. This approach allows Planted Solar to generate twice the energy per acre and complete projects three times faster than traditional methods. The company aims to empower businesses and corporations to manage their energy consumption more efficiently, contributing to a cleaner and more sustainable energy future. Backed by prominent investors such as Breakthrough Energy Ventures and Khosla Ventures, Planted Solar is dedicated to accelerating the deployment of solar energy solutions globally.
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