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.
Pure Lithium specializes in the manufacture of lithium metal battery technology aimed at delivering clean, sustainable, and cost-effective rechargeable batteries. The company's innovative approach replaces traditional graphite anodes with pure lithium metal, significantly enhancing energy density and overall battery performance. Pure Lithium's batteries offer a high discharge current density, longer charging times, and reduced weight, facilitating easier portability and transportation. This technology enables industries to operate effectively in various environmental conditions, supported by customized casings and insulation. Additionally, Pure Lithium utilizes an unconventional source of lithium to create battery-ready electrodes within a day, producing batteries that are free of excess lithium, cobalt, nickel, manganese, and graphite.
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.
Convergent Energy and Power
Debt Financing in 2025
Convergent Energy and Power is an energy storage asset developer that focuses on a diverse range of projects, including commercial, industrial, and grid-connected systems. The company takes a comprehensive approach to energy storage development, overseeing every stage of the project lifecycle from opportunity identification and economic assessment to contract structuring, engineering, and ongoing operations and maintenance. Convergent provides a variety of energy storage solutions designed to reduce electricity costs, ensure power quality and reliability, and address infrastructure challenges. Its offerings cater to both smaller-scale commercial and industrial applications as well as large-scale grid-level projects, allowing utilities and end-users to effectively manage peak loads and lower peak electricity expenses.
DTE Energy
Post in 2025
DTE Energy is a major provider of gas and electric utility services in Michigan, serving approximately 2.3 million customers through its DTE Electric division and 1.3 million customers via DTE Gas. The company operates two regulated utilities that account for a significant portion of its earnings. In addition to its utility services, DTE Energy is involved in nonutility ventures, including energy marketing and trading, renewable natural gas facilities, and on-site industrial energy projects. The company is committed to fostering community development and supports various initiatives through the DTE Energy Foundation, which focuses on arts, education, and environmental needs, among others.
GridBeyond
Grant in 2024
GridBeyond Limited specializes in smart grid optimization solutions that utilize artificial intelligence to support a transition to a zero-carbon future. The company's platform integrates on-site hardware, cloud-based software, and a hybrid battery and demand network, enabling the automation and control of energy demand through machine learning technology. GridBeyond serves a diverse range of sectors, including industrial, manufacturing, and logistics, by connecting distributed energy resources with electricity markets. This approach allows customers to access utility-scale renewable generation and battery storage, thus maximizing efficiency and enhancing grid performance. Founded in 2007 and headquartered in Watford, United Kingdom, GridBeyond also has offices in Dublin, Cork, and Houston.
Clean Flexible Energy
Debt Financing in 2024
Clean Flexible Energy is a renewable energy company that focuses on the design, construction, and operation of projects to accelerate the transition to renewable energy. It is an affiliated company of AES Corp.
Mon Power
Grant in 2024
Mon Power provides electricity utility customers in 34 West Virginia counties.
NETenergy
Grant in 2024
NETenergy is a Chicago-based company specializing in thermal energy storage technology. It has developed an innovative thermal battery that stores cold energy during off-peak hours. This stored energy can then be utilized to cool buildings during peak hours, when energy costs are typically higher. By implementing this technology, building owners can significantly reduce their energy consumption, lower their energy bills, and decrease their carbon emissions. NETenergy's approach aims to enhance energy efficiency in commercial and residential buildings, contributing to a more sustainable energy future.
PPL
Grant in 2024
PPL Corporation is a prominent holding company in the U.S. utility sector, overseeing regulated utilities in Pennsylvania, Kentucky, and Rhode Island. Its subsidiaries include PPL Electric Utilities, which delivers electricity across central and eastern Pennsylvania, as well as Louisville Gas and Electric and Kentucky Utilities, which engage in the regulated generation, transmission, and distribution of electricity and gas in Kentucky. Additionally, Rhode Island Energy provides electric and gas services in Rhode Island. PPL is dedicated to delivering reliable energy services while maintaining a strong commitment to customer satisfaction, consistently earning high rankings in service quality. The company emphasizes stable earnings and a secure dividend, appealing to investors looking for low-risk opportunities. Furthermore, PPL actively contributes to the communities it serves through job creation initiatives, charitable donations, and encouraging employee volunteerism, thereby enhancing the quality of life in those areas.
Delphire
Grant in 2024
Delphire is a fire-tech company focused on mitigating the impact of wildfires caused by powerlines. The company has developed a surveillance system for real-time monitoring of powerlines, utilizing a combination of computer vision and artificial intelligence to detect wildfires promptly. This technology not only identifies fires as they begin but also collects data on ignition sources, aiding clients in fire prevention efforts. By automating the inspection of powerlines frequently and cost-effectively, Delphire aims to minimize damages, reduce power disruptions, and lower CO2 emissions associated with wildfires.
Advanced Grid Technologies
Grant in 2024
Advanced Grid Technologies is Extending Distribution Transformer Lifetime and Reliability.
GridBeyond
Grant in 2024
GridBeyond Limited specializes in smart grid optimization solutions that utilize artificial intelligence to support a transition to a zero-carbon future. The company's platform integrates on-site hardware, cloud-based software, and a hybrid battery and demand network, enabling the automation and control of energy demand through machine learning technology. GridBeyond serves a diverse range of sectors, including industrial, manufacturing, and logistics, by connecting distributed energy resources with electricity markets. This approach allows customers to access utility-scale renewable generation and battery storage, thus maximizing efficiency and enhancing grid performance. Founded in 2007 and headquartered in Watford, United Kingdom, GridBeyond also has offices in Dublin, Cork, and Houston.
Expand Power Technologies
Grant in 2024
Expand Power Technologies manufactures innovative, solid-state transformer modules that enhance urban electrification and strengthen power grids. Utilizing wide-bandgap semiconductors and power electronics, their compact, lightweight, and cost-effective solutions are designed for both commercial and residential use. These transformers reduce manufacturing lead times and costs, while also improving grid security by eliminating potential threats.
Cummins
Grant in 2024
Cummins, established in 1919, is a global power technology company. It designs, manufactures, distributes, and services diesel and natural gas engines, as well as related components and electric power generation systems. Cummins is the leading manufacturer of diesel engines for commercial trucks, off-highway machinery, and railroad locomotives, and also produces standby and prime power generators. Its product portfolio includes powertrain components like transmissions, turbochargers, aftertreatment systems, and fuel systems. The company operates through four segments: Engine, Power Generation, Components, and Distribution. Cummins serves its customers through a vast network of over 600 company-owned and independent distributor locations, and more than 6,500 dealer locations in over 190 countries.
GE
Grant in 2024
General Electric (GE) is a multinational conglomerate operating in various sectors, including power and water, oil and gas, aviation, healthcare, transportation, and appliances. GE's businesses provide a wide range of products and services, from power generation and energy delivery technologies to medical imaging and transportation systems. Notably, GE Digital, a subsidiary, specializes in harnessing the power of the Industrial Internet by offering data analytics and software development services. These services enable industries to manage assets and operations more efficiently, reduce data storage costs, and gain valuable insights from vast quantities of data. GE's extensive portfolio of innovative solutions and technologies is designed to meet the evolving needs of customers and industries worldwide.
United Power Technology
Grant in 2024
United Power Technology AG, established in 2010 and headquartered in Eschborn, Germany, specializes in the design, development, manufacturing, and sales of engine-driven power equipment. The company's product portfolio includes residential and commercial gasoline, inverter, and diesel generators, industrial equipment like gasoline and diesel water pumps, and landscaping machinery such as gasoline and diesel pressure washers. Additionally, they offer a range of components and parts for these products, serving various markets including gardening/DIY, camping, power outage/waterflow, construction/professional, and outdoor sectors. United Power Technology sells its products through original equipment manufacturers, wholesalers, and retailers, with operations spanning the People’s Republic of China, North America, Europe, Africa, the Middle East, and internationally.
GE
Grant in 2024
General Electric (GE) is a multinational conglomerate operating in various sectors, including power and water, oil and gas, aviation, healthcare, transportation, and appliances. GE's businesses provide a wide range of products and services, from power generation and energy delivery technologies to medical imaging and transportation systems. Notably, GE Digital, a subsidiary, specializes in harnessing the power of the Industrial Internet by offering data analytics and software development services. These services enable industries to manage assets and operations more efficiently, reduce data storage costs, and gain valuable insights from vast quantities of data. GE's extensive portfolio of innovative solutions and technologies is designed to meet the evolving needs of customers and industries worldwide.
PPL
Grant in 2024
PPL Corporation is a prominent holding company in the U.S. utility sector, overseeing regulated utilities in Pennsylvania, Kentucky, and Rhode Island. Its subsidiaries include PPL Electric Utilities, which delivers electricity across central and eastern Pennsylvania, as well as Louisville Gas and Electric and Kentucky Utilities, which engage in the regulated generation, transmission, and distribution of electricity and gas in Kentucky. Additionally, Rhode Island Energy provides electric and gas services in Rhode Island. PPL is dedicated to delivering reliable energy services while maintaining a strong commitment to customer satisfaction, consistently earning high rankings in service quality. The company emphasizes stable earnings and a secure dividend, appealing to investors looking for low-risk opportunities. Furthermore, PPL actively contributes to the communities it serves through job creation initiatives, charitable donations, and encouraging employee volunteerism, thereby enhancing the quality of life in those areas.
Caporus Technologies
Grant in 2024
Caporus Technologies specializes in the development of innovative thin-film dielectrics designed for high-energy-density capacitors. The company's technology provides reliable capacitive energy storage and filtering, capable of operating at elevated voltages and temperatures. This capability is essential for next-generation power conversion systems, which are crucial for advancing the electrification of transportation and integrating distributed energy resources into the power grid. By addressing the growing demands for efficiency and performance in power conversion, Caporus supports its clients in meeting contemporary energy challenges.
National Grid
Grant in 2023
National Grid is a multinational electricity and gas utility company, headquartered in London, UK. It owns, operates, and maintains high-pressure gas transmission networks in Great Britain, spanning approximately 7,630 kilometers, and provides associated services such as gas metering and liquefied natural gas storage. Additionally, it facilitates electricity and gas transmission systems, serving millions of customers through regulated utility businesses in the UK and US. National Grid is committed to delivering safe, reliable, and efficient energy, while also investing in innovative technologies to reduce greenhouse gas emissions and transition to cleaner, smarter energy systems.
Consumers Energy
Grant in 2023
Consumers Energy, established in 1886 and headquartered in Jackson, Michigan, is a major public utility serving approximately 6.7 million residents and businesses across Michigan's Lower Peninsula. It provides essential services, including electricity and natural gas, to nearly two-thirds of the state's population. The company, a subsidiary of CMS Energy Corporation, operates through three primary segments: Electric Utility, Gas Utility, and Enterprises. The Electric Utility segment generates, purchases, transmits, distributes, and sells electricity, while the Gas Utility segment manages the purchase, transmission, storage, distribution, and sale of natural gas. Consumers Energy is committed to investing in Michigan's future, with a strategic plan to invest over $6 billion in energy efficiency, renewable energy, environmental enhancements, and customer service improvements over the next five years.
Entergy New Orleans
Grant in 2023
Entergy New Orleans, LLC is an electric and gas utility company operating primarily in Orleans Parish. It is a subsidiary of Entergy Corporation and focuses on electric power production and retail distribution. The company manages 36 miles of transmission mains and 1,740 miles of distribution mains, supporting its operations. Entergy New Orleans owns and operates power plants with a total generating capacity of approximately 30,000 megawatts, which includes nearly 9,000 megawatts from nuclear sources. The utility infrastructure consists of 1,430 miles of distribution lines and 158 transmission lines, complemented by 22 substations. The company serves approximately 205,000 electricity customers and 108,000 natural gas customers, contributing to the energy needs of the region. Based in New Orleans, Louisiana, Entergy New Orleans plays a vital role in providing essential utility services to its community.
Xcel Energy
Grant in 2023
Xcel Energy is an electric and natural gas utility company based in Minneapolis, Minnesota, founded in 1909. It serves approximately 3.8 million electric customers and 2.2 million natural gas customers across eight states. The company is involved in the generation, transmission, distribution, and sale of electricity, utilizing a diverse mix of energy sources including coal, nuclear, natural gas, hydro, solar, biomass, oil, and wind. Xcel Energy is recognized as one of the largest suppliers of renewable energy in the United States, with over half of its electricity sales derived from carbon-free sources. Its operations are organized into five segments: electricity, natural gas, renewable energy, transmission, and innovation, which also includes the development and leasing of natural gas pipelines and related facilities.
Generac Grid Services
Grant in 2023
Generac Grid Services focuses on providing advanced software solutions for the energy industry, aimed at optimizing energy distribution and enhancing grid stability. The company's technology enables the management of distributed energy resources, including flexible loads, energy storage, and renewable energy sources. By utilizing a real-time energy-balancing platform, Generac Grid Services creates controllable and dispatchable energy resources that can respond to the immediate needs of the power system. Their services include energy distribution optimization, electric vehicle load management, and frequency regulation, allowing energy retailers and utilities to navigate the complexities of modern energy markets and improve their operational efficiency.
High Temperature Superconductors
Grant in 2023
HTSI goal is to construct manufacturing facility for high-volume production of ReBCO HTS wire to satisfy the demands of fusion customers.
RedFlow
Grant in 2023
RedFlow Limited, established in 2005 and based in Brisbane, Australia, specializes in the development, manufacturing, and sale of zinc-bromine flowing electrolyte battery modules (ZBMs). The company offers two key products: ZBM2, an energy storage system with a 10 kilowatt-hour (kWh) capacity, and ZCell, a home and office energy storage system also with 10kWh capacity. RedFlow's batteries cater to diverse applications, including telecommunications, commercial and industrial, grid-scale, and residential sectors. Notably, RedFlow was one of the first companies to install fully operational and functional ZBMs.
Xcel Energy
Grant in 2023
Xcel Energy is an electric and natural gas utility company based in Minneapolis, Minnesota, founded in 1909. It serves approximately 3.8 million electric customers and 2.2 million natural gas customers across eight states. The company is involved in the generation, transmission, distribution, and sale of electricity, utilizing a diverse mix of energy sources including coal, nuclear, natural gas, hydro, solar, biomass, oil, and wind. Xcel Energy is recognized as one of the largest suppliers of renewable energy in the United States, with over half of its electricity sales derived from carbon-free sources. Its operations are organized into five segments: electricity, natural gas, renewable energy, transmission, and innovation, which also includes the development and leasing of natural gas pipelines and related facilities.
GE
Grant in 2023
General Electric (GE) is a multinational conglomerate operating in various sectors, including power and water, oil and gas, aviation, healthcare, transportation, and appliances. GE's businesses provide a wide range of products and services, from power generation and energy delivery technologies to medical imaging and transportation systems. Notably, GE Digital, a subsidiary, specializes in harnessing the power of the Industrial Internet by offering data analytics and software development services. These services enable industries to manage assets and operations more efficiently, reduce data storage costs, and gain valuable insights from vast quantities of data. GE's extensive portfolio of innovative solutions and technologies is designed to meet the evolving needs of customers and industries worldwide.
Shifted Energy
Grant in 2023
Shifted Energy, Inc. specializes in software solutions and controllers that enhance electric water heaters, transforming them into valuable demand response resources. Founded in 2014 and based in Honolulu, Hawaii, the company offers products like Grid Maestro, a virtual power plant for electric water heaters, and Tempo, a retrofit controller. These solutions allow utilities to stabilize the electricity grid while facilitating the integration of renewable energy sources. The technology enables electric water heaters to consume excess renewable energy, optimizing hot water availability through advanced algorithms. Additionally, Shifted Energy's offerings include features such as leak detection, maintenance alerts, and automatic powerdown for unoccupied units, thereby providing fast demand response and additional value for users. The company's platform also supports other devices like pool pumps and EV charging stations, promoting cost-effective deployment and improving the overall user experience.
Innowatts
Grant in 2023
Innowatts, Inc. is a Houston-based company founded in 2013 that specializes in software solutions for energy management. The company develops the PowerEASE platform, which focuses on load forecasting, energy risk optimization, and infrastructure planning. Innowatts leverages advanced data analytics and machine learning to assist energy retailers and utility companies in managing their operations effectively. Its eUtility technology platform utilizes data from over 34 million meters to enhance grid reliability and profitability while promoting sustainability. The company's customer base includes retail energy providers, regulated utility companies, regulatory boards, and residential communities, all benefiting from Innowatts' insights to improve customer relationships and adapt to the evolving energy landscape.
Eos
Debt Financing in 2023
Eos develops innovative, low-cost energy storage solutions for the electric utility, solar, and C&I industries. Its battery solutions ensure renewables are as reliable and competitive as the market expects and sustainable as the world needs.
Sitkana
Grant in 2023
Sitkana is a technology company specializing in harnessing oceanic tidal currents to generate electricity. It develops modular buoy systems that replace high-cost diesel generators, connecting to existing electrical grids and utilizing fishing vessels for maintenance. Additionally, Sitkana produces modular power devices for sailboats and liveaboard vessels.
Bergey Windpower Co.
Grant in 2023
Bergey Windpower Co. (BWC) is a manufacturer of small wind turbines for rural homes, farms, businesses and facilities, plus remote facilities such as telecom. BWC has sold over 10,000 systems and these 1 - 15 kW turbines have been installed in all 50 U.S. states and over 100 countries. BWC turbine has few moving parts, require no scheduled maintenance and have achieved the best reliability and longevity record in the worldwide wind industry.
Energy Wall
Grant in 2023
Energy Wall, LLC is a developer and manufacturer of energy recovery ventilator (ERV) products, specializing in advanced efficiency membranes that transfer heat and moisture while blocking particulates and gaseous contaminants. The company's offerings include rotary wheel systems designed for commercial air handlers and plate-type exchangers suitable for residential applications. These products utilize a ceramic fiber membrane infused with lithium chloride, recognized for its high efficiency, which ranks second only to a significantly more expensive alternative. Founded in 2008 and based in Lancaster, Pennsylvania, Energy Wall is committed to fostering innovation in energy efficiency and simplifying deployment logistics within the HVAC marketplace.
Pacific Gas and Electric Company
Grant in 2023
The Pacific Gas and Electric Company is an investor-owned utility with publicly traded stock
GE Renewable Energy
Grant in 2023
GE Renewable Energy focuses on the production of energy systems that use renewable sources. Their products include wind, hydroelectric, and solar, power generation facilities. They offer power grid equipment and engineering activities.
Portland General Electric
Grant in 2023
Portland General Electric Company is a regulated electric utility based in Portland, Oregon, serving approximately 895,000 customers across 51 cities. Established in 1889, it provides comprehensive services including the generation, transmission, distribution, and retail sale of electricity. The company operates a diverse energy portfolio with seven thermal plants, seven hydroelectric plants, and two wind farms, totaling 3.5 gigawatts of generation capacity. Its extensive electric transmission system consists of 1,264 circuit miles, complemented by 27,755 circuit miles of distribution lines. In addition to its electric services, Portland General Electric also engages in the wholesale purchase and sale of natural gas across the United States and Canada. With a commitment to renewable energy and community involvement, the company aims to deliver reliable and affordable energy while reflecting the values of its customers.
TEVERRA
Grant in 2023
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.
Equiwatt
Grant in 2023
Equiwatt Limited, founded in 2015 and based in Gateshead, United Kingdom, operates a digital platform that allows households to earn payments for reducing energy consumption during peak times. The company's innovative technology enables consumers to participate in demand response programs, encouraging them to turn off energy-intensive appliances when electricity prices are high. By managing the power usage of numerous household devices, Equiwatt is creating a crowd-owned virtual power plant that can effectively respond to grid inefficiencies while promoting clean energy use. Through this approach, Equiwatt empowers energy consumers to trade their demand flexibility in energy markets, contributing to a more sustainable and efficient energy system.
24M
Grant in 2023
24M Technologies specializes in the development of energy storage systems for both grid and transportation applications. The company focuses on manufacturing lithium-ion batteries that enhance the operational reliability, economics, and efficiency of electric power systems. Its innovative approach features binder-free semisolid electrodes and unit cells, which not only improve battery performance but also eliminate the need for traditional hydro or pyrometallurgical processes in battery recycling. Additionally, 24M facilitates direct in-plant reuse of active materials at the end of a battery's life, contributing to more sustainable recycling practices and enabling clients to increase efficiency and reduce costs.
NRECA
Grant in 2022
The National Rural Electric Cooperative Association is the national trade association representing more than 900 local electric cooperatives.
TEVERRA
Grant in 2022
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.
GE
Grant in 2022
General Electric (GE) is a multinational conglomerate operating in various sectors, including power and water, oil and gas, aviation, healthcare, transportation, and appliances. GE's businesses provide a wide range of products and services, from power generation and energy delivery technologies to medical imaging and transportation systems. Notably, GE Digital, a subsidiary, specializes in harnessing the power of the Industrial Internet by offering data analytics and software development services. These services enable industries to manage assets and operations more efficiently, reduce data storage costs, and gain valuable insights from vast quantities of data. GE's extensive portfolio of innovative solutions and technologies is designed to meet the evolving needs of customers and industries worldwide.
TEVERRA
Grant in 2022
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.
TEVERRA
Grant in 2022
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.
National Grid
Grant in 2021
National Grid is a multinational electricity and gas utility company, headquartered in London, UK. It owns, operates, and maintains high-pressure gas transmission networks in Great Britain, spanning approximately 7,630 kilometers, and provides associated services such as gas metering and liquefied natural gas storage. Additionally, it facilitates electricity and gas transmission systems, serving millions of customers through regulated utility businesses in the UK and US. National Grid is committed to delivering safe, reliable, and efficient energy, while also investing in innovative technologies to reduce greenhouse gas emissions and transition to cleaner, smarter energy systems.
TEVERRA
Grant in 2021
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.
Grid7
Grant in 2018
Grid7’s project, E-Blockchain: A Scalable Platform for Secure Energy Transactions and Control, aims to use blockchain technology to address power plant cybersecurity issues and explore how a decentralized approach can improve the reliability of energy networks.
Alstom
Grant in 2014
Alstom is a prominent global player in the fields of power generation, power transmission, and rail infrastructure, recognized for its commitment to innovative and environmentally friendly technologies. The company specializes in developing and marketing systems, equipment, and services for the railway transport sector, including rolling stock, maintenance, modernization services, signaling, and infrastructure. These offerings can be provided separately, bundled, or as fully integrated solutions. Alstom is known for constructing the fastest trains and the highest capacity automated metros globally. Additionally, the company delivers turnkey integrated power plant solutions and associated services across various energy sources such as hydro, nuclear, gas, coal, and wind, with a strong emphasis on smart grid technologies for power transmission. With a workforce of approximately 92,000 employees, Alstom operates in around 100 countries, maintaining a significant presence, particularly in European markets.
ConnectDER
Grant in 2014
ConnectDER LLC is a solar technology company based in Philadelphia, Pennsylvania, specializing in solutions that facilitate the connection of distributed energy resources, particularly solar photovoltaic systems, to residential homes and the grid. The company designs and manufactures innovative meter collars that serve as a connection point between residential electric meters and meter sockets, effectively transforming these sockets into a grid-friendly platform for solar energy, battery storage, and electric vehicle charging. Additionally, ConnectDER offers ConnectDER Cloud, a system that allows fleet operators to access metering and operational data, manage firmware, and oversee the commissioning and decommissioning of ConnectDER units. Founded in 2011 and rebranded in 2015, ConnectDER aims to simplify the integration of renewable energy technologies, benefiting both users and the broader energy grid.
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.
ConnectDER
Grant in 2012
ConnectDER LLC is a solar technology company based in Philadelphia, Pennsylvania, specializing in solutions that facilitate the connection of distributed energy resources, particularly solar photovoltaic systems, to residential homes and the grid. The company designs and manufactures innovative meter collars that serve as a connection point between residential electric meters and meter sockets, effectively transforming these sockets into a grid-friendly platform for solar energy, battery storage, and electric vehicle charging. Additionally, ConnectDER offers ConnectDER Cloud, a system that allows fleet operators to access metering and operational data, manage firmware, and oversee the commissioning and decommissioning of ConnectDER units. Founded in 2011 and rebranded in 2015, ConnectDER aims to simplify the integration of renewable energy technologies, benefiting both users and the broader energy grid.
SolarBridge Technologies
Grant in 2011
SolarBridge Technologies, originally founded as SmartSpark Energy Systems in 2004, specializes in microinverter and monitoring solutions for residential and small commercial solar power installations. The company pivoted to focus exclusively on the solar industry in 2009, leveraging power electronics technologies developed at the University of Illinois. With significant research and development facilities in Champaign, Illinois, and a corporate headquarters in Austin, Texas, SolarBridge aims to enhance the efficiency and reliability of solar energy systems. Their offerings include an energy management system that integrates a microinverter directly with photovoltaic modules, providing alternating current power to the grid. Additionally, SolarBridge provides a solar information module that gathers performance data from each microinverter, allowing system owners to analyze and monitor their solar installations remotely via the Internet. Through these innovations, SolarBridge Technologies seeks to lower the Levelized Cost of Energy for solar installations while improving overall energy production and simplifying installation processes.
SolarBridge Technologies
Grant in 2011
SolarBridge Technologies, originally founded as SmartSpark Energy Systems in 2004, specializes in microinverter and monitoring solutions for residential and small commercial solar power installations. The company pivoted to focus exclusively on the solar industry in 2009, leveraging power electronics technologies developed at the University of Illinois. With significant research and development facilities in Champaign, Illinois, and a corporate headquarters in Austin, Texas, SolarBridge aims to enhance the efficiency and reliability of solar energy systems. Their offerings include an energy management system that integrates a microinverter directly with photovoltaic modules, providing alternating current power to the grid. Additionally, SolarBridge provides a solar information module that gathers performance data from each microinverter, allowing system owners to analyze and monitor their solar installations remotely via the Internet. Through these innovations, SolarBridge Technologies seeks to lower the Levelized Cost of Energy for solar installations while improving overall energy production and simplifying installation processes.
Ocean Renewable Power Company
Grant in 2010
ORPC, Inc. specializes in developing marine renewable energy solutions that harness tidal and river currents to generate clean electricity. The company focuses on creating technologies and projects primarily in North America that convert water energy into grid-compatible power, using turbine generator units to form complete power systems. Notably, its RivGen Power System operates in Igiugig, Alaska, where it is part of a microgrid project that significantly reduces reliance on diesel generators. ORPC offers several power systems, including the TidGen for shallow tidal applications and the OCGen for deeper ocean currents, catering to various clients such as public utilities, remote communities, and military facilities. With a global outreach that has attracted interest from over 42 countries, ORPC plans to expand its deployments to Canada and Patagonia, Chile. Headquartered in Portland, Maine, ORPC operates additional offices in Anchorage, Montreal, Dublin, and has a dedicated team capable of managing all aspects of project development, from assessment to maintenance.
24M
Series A in 2010
24M Technologies specializes in the development of energy storage systems for both grid and transportation applications. The company focuses on manufacturing lithium-ion batteries that enhance the operational reliability, economics, and efficiency of electric power systems. Its innovative approach features binder-free semisolid electrodes and unit cells, which not only improve battery performance but also eliminate the need for traditional hydro or pyrometallurgical processes in battery recycling. Additionally, 24M facilitates direct in-plant reuse of active materials at the end of a battery's life, contributing to more sustainable recycling practices and enabling clients to increase efficiency and reduce costs.
Uqm Technologies
Grant in 2010
UQM Technologies, Inc. is a Longmont, Colorado-based company founded in 1967 that specializes in the development, manufacturing, and sale of electric motors, generators, power electronic controllers, and fuel cell compressors. The company serves multiple sectors, including automotive, commercial trucks, buses, marine, military, and industrial markets. UQM Technologies provides a range of products, including propulsion motors, auxiliary motors, and DC-to-DC converters, tailored for electric, hybrid electric, and fuel cell electric vehicles. The company has developed distinct propulsion systems, such as the PowerPhase Pro and PowerPhase HD, designed for various vehicle applications. In addition to product sales, UQM Technologies offers research, development, application engineering services, and after-market support. Over the years, the company has innovated in electric motor technology and continues to advance its patented core permanent magnet motor technology to enhance performance and energy efficiency.
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