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.
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.
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.
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 thermal energy storage company that is creating a thermal battery designed to offset peak electricity load. The company is headquartered in Chicago, IL.
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.
Advanced Grid Technologies
Grant in 2024
Advanced Grid Technologies is Extending Distribution Transformer Lifetime and Reliability.
Expand Power
Grant in 2024
Expand Power provides a transformer that can increase urban electrification and create a more robust grid.
Cummins India
Grant in 2024
Cummins India Limited, established in 1962, is the leading manufacturer of diesel and natural gas engines in the country. As part of the global Cummins Group, it operates through three main business units: Engine, Power Systems, and Distribution. The company designs and manufactures a range of products, including fuel systems, air handling systems, filtration products, emission solutions, and electric power generation systems. Cummins India serves various markets, offering engines for low, medium, and heavy-duty vehicles, as well as off-highway equipment in sectors like construction. Its extensive distribution network includes over 600 company-owned and independent distributor locations, along with more than 6,500 dealer locations across more than 190 countries and territories. The company's operations are organized into segments that focus on Engines, Power Generation, Components, and Distribution, with the Engine segment being the primary source of revenue.
GE
Grant in 2024
General Electric Company (GE) is a diversified global infrastructure and financial services company, founded in 1892 and headquartered in Fairfield, Connecticut. GE operates across various segments, including power and water, oil and gas, energy management, aviation, healthcare, transportation, and appliances. The company provides a wide array of products and services, such as gas and steam turbines, nuclear reactors, medical imaging technologies, jet engines, and freight locomotives. GE is also a leader in the energy sector, offering innovative solutions that enable businesses and communities to generate reliable power. With a strong focus on the Industrial Internet, GE harnesses advanced analytics and software capabilities to optimize asset management and improve operational efficiency. This commitment to innovation is exemplified by its GE Software Center, which leads efforts to integrate machine data with analytics, fostering enhanced productivity and sustainability in various industries. Additionally, GE remains dedicated to addressing environmental challenges through its ecomagination initiative, which promotes the development of new technologies aimed at reducing the ecological footprint of its operations.
GE
Grant in 2024
General Electric Company (GE) is a diversified global infrastructure and financial services company, founded in 1892 and headquartered in Fairfield, Connecticut. GE operates across various segments, including power and water, oil and gas, energy management, aviation, healthcare, transportation, and appliances. The company provides a wide array of products and services, such as gas and steam turbines, nuclear reactors, medical imaging technologies, jet engines, and freight locomotives. GE is also a leader in the energy sector, offering innovative solutions that enable businesses and communities to generate reliable power. With a strong focus on the Industrial Internet, GE harnesses advanced analytics and software capabilities to optimize asset management and improve operational efficiency. This commitment to innovation is exemplified by its GE Software Center, which leads efforts to integrate machine data with analytics, fostering enhanced productivity and sustainability in various industries. Additionally, GE remains dedicated to addressing environmental challenges through its ecomagination initiative, which promotes the development of new technologies aimed at reducing the ecological footprint of its operations.
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 Partners
Grant in 2023
National Grid is a leading energy company that operates electricity and gas transmission systems, focusing on delivering cleaner and more resilient energy solutions. As one of the largest investor-owned energy companies globally, it is dedicated to providing safe, reliable, and efficient energy services to customers and communities in both the UK and the US. National Grid plays a crucial role in connecting millions of people to essential energy resources through its regulated utility businesses, as well as its ventures in innovation. The company is actively committed to reducing greenhouse gas emissions and is shaping future energy systems by collaborating with customers, partners, and communities to address the challenges of transitioning to decarbonized and decentralized energy solutions.
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.
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.
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.
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 Company (GE) is a diversified global infrastructure and financial services company, founded in 1892 and headquartered in Fairfield, Connecticut. GE operates across various segments, including power and water, oil and gas, energy management, aviation, healthcare, transportation, and appliances. The company provides a wide array of products and services, such as gas and steam turbines, nuclear reactors, medical imaging technologies, jet engines, and freight locomotives. GE is also a leader in the energy sector, offering innovative solutions that enable businesses and communities to generate reliable power. With a strong focus on the Industrial Internet, GE harnesses advanced analytics and software capabilities to optimize asset management and improve operational efficiency. This commitment to innovation is exemplified by its GE Software Center, which leads efforts to integrate machine data with analytics, fostering enhanced productivity and sustainability in various industries. Additionally, GE remains dedicated to addressing environmental challenges through its ecomagination initiative, which promotes the development of new technologies aimed at reducing the ecological footprint of its operations.
Sitkana
Grant in 2023
Sitkana is building technology to generate electricity from oceanic tidal currents. Sitkana replaces high-cost diesel generators with modular buoy systems that tie into existing electrical grids and are maintained with fishing vessels. Sitkana is also building modular power devices for sailboats and liveaboard vessels.
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.
Bergey Windpower Co., LLC
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.
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.
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.
Equiwatt
Grant in 2023
The energy industry is on the brink of disruption. Advances in cloud computing, IoT and artificial intelligence is helping transform the traditional electricity grid into a digital grid. Their vision is to facilitate this transformation by uberizing the traditional energy system and empowering energy consumers. Their platform will enable people to trade their energy demand flexibility in energy markets. By orchestrating power management of thousands of flexible household electrical loads, they are building a crowd-owned virtual power plant that will respond smartly to inefficient grid conditions and promote clean energy consumption.
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 Company (GE) is a diversified global infrastructure and financial services company, founded in 1892 and headquartered in Fairfield, Connecticut. GE operates across various segments, including power and water, oil and gas, energy management, aviation, healthcare, transportation, and appliances. The company provides a wide array of products and services, such as gas and steam turbines, nuclear reactors, medical imaging technologies, jet engines, and freight locomotives. GE is also a leader in the energy sector, offering innovative solutions that enable businesses and communities to generate reliable power. With a strong focus on the Industrial Internet, GE harnesses advanced analytics and software capabilities to optimize asset management and improve operational efficiency. This commitment to innovation is exemplified by its GE Software Center, which leads efforts to integrate machine data with analytics, fostering enhanced productivity and sustainability in various industries. Additionally, GE remains dedicated to addressing environmental challenges through its ecomagination initiative, which promotes the development of new technologies aimed at reducing the ecological footprint of its operations.
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 Partners
Grant in 2021
National Grid is a leading energy company that operates electricity and gas transmission systems, focusing on delivering cleaner and more resilient energy solutions. As one of the largest investor-owned energy companies globally, it is dedicated to providing safe, reliable, and efficient energy services to customers and communities in both the UK and the US. National Grid plays a crucial role in connecting millions of people to essential energy resources through its regulated utility businesses, as well as its ventures in innovation. The company is actively committed to reducing greenhouse gas emissions and is shaping future energy systems by collaborating with customers, partners, and communities to address the challenges of transitioning to decarbonized and decentralized energy solutions.
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 is a privately held, Northern California based producer of flow batteries: Big Batteries for the Smart Grid. These patented, liquid batteries provide flexible capacity from 25kW to 25MW, for stationary, grid scale applications. Primus' EnergyPod provides 5 hours of energy discharge and a long twenty year life span. These Zinc Bromine batteries are safe and low maintenance. The company has systems installed and working in the field both domestically and internationally and has a growing backlog. The second generation EnergyPod 2 announced production February 21, 2017 with a reduced footprint, low cost of goods, and high reliability components to deliver superior power density. The company has proven technology with installed systems that are working in the field. Investors include Nancy Pfund at DBL Investors, Vancouver based Chrysalix Energy VC, I2BF, Palo Alto based Kleiner Perkins, Anglo American, Rusnano, and Kazyna Capital Management.
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.
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
The Company was founded in 1967 to fabricate fiberglass component parts for various applications including aircraft and kit automobiles. In the early 1970's, the Company designed and manufactured âdune buggiesâ for recreational enthusiasts. In the late 1970's, our focus shiftedelectrek to the development and manufacture of an all-composite, purpose built, environmentally friendly, battery electric passenger automobile tradenamed the âElectrek.â During the period from 1978 to 1982, over 75 Electreks were manufactured and sold, some of which are still in operation today. During the development of the Electrek, we began to experiment with concepts for a better performing electric motor that was suited for the propulsion of a vehicle including the delivery of high torque and high speed with exceptional energy efficiency. These efforts led to the invention of our patented core permanent magnet motor technology. Since that time, we have developed and patented numerous extensions of this technology including methods of manufacture, methods of electronic control (including switching circuit architecture and phase timing advancement), the packaging of an electro-mechanical brake inside of a motor and a low cost method for accurately sensing rotor position.
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