Convergent Energy and Power
Debt Financing in 2025
Convergent Energy and Power is a developer of energy storage assets, focusing on clean energy solutions. The company specializes in commercial and industrial applications to grid-connected systems, managing all aspects of the development cycle from project identification to operations.
EnerSys is a global leader in stored energy solutions for industrial applications. It manufactures and distributes reserve power batteries, motive power batteries, battery chargers, power equipment, battery accessories, and outdoor equipment enclosure solutions to customers worldwide. Its products cater to diverse industries such as telecommunication, utility, medical, aerospace, defense, transportation, and government sectors.
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.
Arizona Public Service
Debt Financing in 2025
Arizona Public Service Company is a utility provider based in Phoenix, Arizona, founded in 1886. As a subsidiary of Pinnacle West Capital Corporation, it generates electricity from a mix of coal-fired and renewable energy sources. The company serves both residential and commercial customers, offering vertically-integrated electric utility services that include retail and wholesale electricity. Arizona Public Service is committed to delivering clean, reliable, and affordable energy to its clients.
Hydrostor
Debt Financing in 2025
Hydrostor develops compressed air energy storage solutions for electricity systems. Its emission-free technology addresses needs for dispatchable capacity, renewable integration, transmission deferral, and behind-the-meter applications. The company serves customers in North America and Australia, with a strategic partnership with AECOM.
Quino Energy
Grant in 2024
Quino Energy specializes in manufacturing innovative battery systems that utilize organic quinone molecules dissolved in water for long-duration energy storage. Licensed from Harvard University, their technology offers a cost-effective alternative to traditional batteries for commercial and grid applications.
Qcells
Debt Financing in 2024
Qcells is a renewable energy company specializing in the development, investment, and delivery of utility-scale solar and energy storage projects. It provides comprehensive engineering, procurement, and construction solutions, ensuring the effective implementation of solar power systems. Renowned for its quality and reliability, Qcells offers a range of solar products globally, contributing to the advancement of sustainable energy solutions. The company plays a significant role in the renewable energy sector by focusing on innovative technologies and efficient project execution.
Nostromo Energy
Debt Financing in 2024
Nostromo Energy develops automated water-based thermal energy storage systems that integrate with the electric grid to reduce peak electricity demand in large commercial buildings. The technology stores energy for air conditioning, enabling demand-side management and grid efficiency, and supports operators in reducing energy costs while accommodating growing needs from data centers, electrification, and manufacturing.
FirstEnergy Corporation, established in 1996 and headquartered in Akron, Ohio, is a diversified energy company that generates, transmits, and distributes electricity to approximately six million customers across Ohio, Pennsylvania, West Virginia, Maryland, New Jersey, and New York. The company operates through regulated distribution and transmission segments, owning and managing a vast network of power plants, transmission lines, and distribution systems. These include coal-fired, nuclear, hydroelectric, natural gas, wind, and solar facilities, as well as 24,486 circuit miles of transmission lines and 269,691 miles of distribution lines, with a total installed transformer capacity of approximately 156,115,196 kilovolt-amperes. In addition to its core operations, FirstEnergy also provides energy-related products and services to retail and wholesale customers, contributing to the strengthening of local communities through its foundation's support of nonprofit organizations.
NeoVolta is a company specializing in the development of advanced residential energy storage solutions. The firm designs, manufactures, and sells high-end energy storage systems that enable homeowners to store and utilize solar energy through batteries and inverters. NeoVolta's products are compatible with new solar installations and cater to a diverse marketplace, including the solar industry, installation professionals, new construction homebuilders, home remodelers, and individual homeowners. Through its innovative technology, NeoVolta aims to enhance energy efficiency and sustainability in residential settings.
Founded in 2007, GridBeyond specializes in smart grid optimization solutions. Its platform comprises on-site hardware, cloud-based software, hybrid battery systems, demand network, and client-facing energy portal. Utilizing machine learning technology, the platform connects, controls, and automates energy demand across various sectors such as industrial, manufacturing, metals, plastics, paper, food, transport, and logistics.
Moment Energy
Grant in 2024
Moment Energy specializes in battery energy storage systems that utilize repurposed electric vehicle batteries. Its solutions aim to provide clean, reliable, and cost-effective energy storage for both on-grid and off-grid applications.
Georgia Power Company
Grant in 2024
Georgia Power Company, incorporated in 1930 and headquartered in Atlanta, Georgia, is a subsidiary of The Southern Company that provides electric power and energy services to businesses and residents across the state. The company generates electricity through a diverse mix of sources, including natural gas, oil, coal, nuclear, hydro, and renewable energy. Georgia Power is committed to delivering reliable and affordable energy, and it also operates a solar program to promote renewable energy production. Additionally, the company offers energy efficiency programs and tips to help customers reduce their energy consumption and costs, ensuring a sustainable energy future for Georgia.
UniSource Energy Services
Grant in 2024
UniSource Energy Services provides safe, reliable energy to nearly 250,000 customers in northern and southern Arizona.
Arizona Public Service
Grant in 2024
Arizona Public Service Company is a utility provider based in Phoenix, Arizona, founded in 1886. As a subsidiary of Pinnacle West Capital Corporation, it generates electricity from a mix of coal-fired and renewable energy sources. The company serves both residential and commercial customers, offering vertically-integrated electric utility services that include retail and wholesale electricity. Arizona Public Service is committed to delivering clean, reliable, and affordable energy to its clients.
Mon Power provides electricity utility customers in 34 West Virginia counties.
Grand Valley Power
Grant in 2024
Grand Valley Power provides electricity services to several residential and commercial industries.
Alaska Village Electric Cooperative
Grant in 2024
Alaska Village Electric Cooperative is a non-profit electric utility company that provides electric service to rural Alaska.
PG&E Corporation, through its primary subsidiary Pacific Gas and Electric Company, is a major utility provider in northern and central California, delivering electricity and natural gas to millions of customers. The company's service area spans from Eureka to Bakersfield, encompassing 47 of the state's 58 counties. PG&E generates electricity from a diverse mix of sources, including nuclear, hydroelectric, fossil fuels, and renewable energy. The company operates an extensive infrastructure, comprising approximately 18,000 circuit miles of transmission lines, over 107,000 circuit miles of distribution lines, and a natural gas system with around 43,300 miles of distribution pipelines. PG&E serves a wide range of customers, including residential, commercial, industrial, and agricultural sectors. Established in 1995 and headquartered in San Francisco, PG&E has undergone significant restructuring, including a period of bankruptcy court supervision from January 2019 to June 2020, prior to its current operations.
Slipstream Group
Grant in 2024
Slipstream Group is a nonprofit organization focused on developing and implementing innovative energy efficiency and renewable energy programs. The organization collaborates with utilities, local and state governments, regulatory agencies, and various partners to address significant energy challenges. By creating, testing, and scaling next-generation solutions, Slipstream aims to promote a clean energy economy, contributing to healthier, more livable, and affordable communities. Through its initiatives, the organization seeks to inspire new approaches to energy management and sustainability.
Gas Technology Institute
Grant in 2024
Gas Technology Institute is a research, development, and training organization addressing energy and environmental challenges to enable a secure, abundant, and affordable energy future. The company provides economic value to the natural gas industry and energy markets by developing technology-based solutions for industry, government, and consumers.
Its research initiatives address issues impacting the natural gas and energy markets across the industry’s value chain—supply, delivery, and end use. GTI offers an integrated systems perspective to expand the supply of affordable energy, ensure a safe and reliable energy delivery infrastructure, and promote the efficient use of energy resources.
GTI is based in Des Plaines, Illinois, founded in 1941 as a non-profit corporation.
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.
PPL is a major U.S. utility holding company that owns and operates regulated utilities across Pennsylvania, Kentucky, and Rhode Island. It consistently delivers reliable energy services to its customers while maintaining a strong commitment to employee growth and community support.
Plug Power Inc. is a leading provider of hydrogen fuel cell solutions, focusing on clean and zero-emission technologies for electric mobility and stationary power markets in North America and Europe. The company specializes in proton exchange membrane (PEM) fuel cell systems, fuel processing technologies, and hybrid solutions, alongside the necessary hydrogen storage and dispensing infrastructure. Its products include GenDrive, a hydrogen-powered PEM fuel cell system for material handling vehicles; GenFuel, which encompasses hydrogen delivery and dispensing; GenCare, a maintenance program for its fuel cell systems; and GenSure, a stationary fuel cell solution for backup and grid-support power. Plug Power also offers the GenKey solution, which integrates all essential components for fuel cell power, and ProGen, a fuel cell stack technology used in various applications. With over 40,000 deployed fuel cell systems, Plug Power is a significant player in the hydrogen economy and has established a network of hydrogen highways across North America. Founded in 1997 and headquartered in Latham, New York, the company serves a diverse clientele, including major corporations and industries.
Mission Power
Grant in 2024
Mission Power is an electrical power solution company that specializes in backup power and electrical construction for commercial and residential customers.
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.
Eversource Energy
Grant in 2024
Eversource Energy is a diversified holding company that provides rate-regulated electric and natural gas distribution services to over 3.6 million customers across Connecticut, Massachusetts, and New Hampshire in the Northeast United States. It operates through four segments: Electric Distribution, Electric Transmission, Natural Gas Distribution, and Water Distribution.
Form Energy, Inc. is a company focused on developing long-duration energy storage systems aimed at transforming the electric grid by enabling the reliable use of renewable energy sources such as wind and solar. Established in 2017 and based in Somerville, Massachusetts, Form Energy is known for its innovative iron-air battery technology, which allows for the storage of electricity over extended periods, making renewable energy more dispatchable throughout the year. This technology not only helps to replace conventional fossil fuel-based generation but also enhances transmission capacity without the need for new infrastructure. By facilitating deep decarbonization of the electric system, Form Energy plays a significant role in reducing carbon emissions and promoting a sustainable energy future.
Baltimore Gas & Electric
Grant in 2024
Baltimore Gas & Electric (BGE), established in 1816, is a subsidiary of Exelon Corporation. Headquartered in Baltimore, Maryland, BGE serves over 1.2 million electric customers and approximately 650,000 natural gas customers in Central Maryland. The company's primary business involves the regulated retail sale of electricity and natural gas to residential, commercial, and industrial consumers. It maintains an extensive infrastructure for transmission and distribution of electricity, comprising around 9,176 circuit miles of overhead lines and 17,489 circuit miles of underground lines. Additionally, BGE operates a liquefied natural gas facility with a storage capacity of 1,056 million cubic feet (mmcf) and owns numerous natural gas city gate stations. The company's approximately 3,400 employees are dedicated to ensuring safe, reliable delivery of energy services, along with initiatives focused on energy management, conservation, environmental stewardship, and community assistance.
Founded in 2007, GridBeyond specializes in smart grid optimization solutions. Its platform comprises on-site hardware, cloud-based software, hybrid battery systems, demand network, and client-facing energy portal. Utilizing machine learning technology, the platform connects, controls, and automates energy demand across various sectors such as industrial, manufacturing, metals, plastics, paper, food, transport, and logistics.
Advanced Grid Technologies
Grant in 2024
Advanced Grid Technologies is Extending Distribution Transformer Lifetime and Reliability.
Granular Energy
Grant in 2024
Granular Energy develops a platform enabling efficient management and trading of clean energy certificates. Its features include assessment tools, registry onboarding, portfolio management, carbon accounting, and compliance tools, serving utilities, consumers, and generators.
Generac Power Systems
Grant in 2024
Generac Power Systems designs and manufactures power generation equipment for residential, commercial, and industrial markets. It offers standby and portable generators, automatic transfer switches, and related accessories, including home energy storage with PWRcell, and power products such as lighting and outdoor power equipment. The company provides installation, maintenance, repairs, spare parts, and service support, and sells its products through retailers, service centers, and dealers in the United States, Canada, and internationally via online stores. Generac serves professionals and organizations across industries such as healthcare, hospitality, manufacturing, municipal, education, and retail.
Cummins is a global leader in designing, manufacturing, distributing, and servicing diesel and natural gas engines, electric power generation systems, and related components. With operations in over 190 countries, the company serves original equipment manufacturers (OEMs), distributors, and other customers through its extensive network of company-owned locations and dealers. Cummins operates four segments: Engine, Power Generation, Components, and Distribution.
Atlantic County Utilities Authority
Grant in 2024
Atlantic County Utilities Authority is a public agency that provides wastewater treatment and waste management services.
Plug Power Inc. is a leading provider of hydrogen fuel cell solutions, focusing on clean and zero-emission technologies for electric mobility and stationary power markets in North America and Europe. The company specializes in proton exchange membrane (PEM) fuel cell systems, fuel processing technologies, and hybrid solutions, alongside the necessary hydrogen storage and dispensing infrastructure. Its products include GenDrive, a hydrogen-powered PEM fuel cell system for material handling vehicles; GenFuel, which encompasses hydrogen delivery and dispensing; GenCare, a maintenance program for its fuel cell systems; and GenSure, a stationary fuel cell solution for backup and grid-support power. Plug Power also offers the GenKey solution, which integrates all essential components for fuel cell power, and ProGen, a fuel cell stack technology used in various applications. With over 40,000 deployed fuel cell systems, Plug Power is a significant player in the hydrogen economy and has established a network of hydrogen highways across North America. Founded in 1997 and headquartered in Latham, New York, the company serves a diverse clientele, including major corporations and industries.
Blip Energy develops smart battery systems designed to mitigate peak demand on the power grid. Their plug-and-play hardware optimizes energy costs for users while reducing operational expenses for utilities, with no permitting or installation barriers.
Moment Energy
Grant in 2024
Moment Energy specializes in battery energy storage systems that utilize repurposed electric vehicle batteries. Its solutions aim to provide clean, reliable, and cost-effective energy storage for both on-grid and off-grid applications.
Ørsted develops, maintains, and operates offshore and onshore renewable energy farms, energy storage facilities, and bioenergy plants. Its vision is a world powered entirely by green energy. Formerly known as DONG Energy, Ørsted has transformed from a black to a green energy company over the past decade, reducing its coal consumption significantly and aiming for full phase-out by 2023. As a global leader in offshore wind with a market share of 25%, it currently powers approximately 9.5 million people.
Plug Power Inc. is a leading provider of hydrogen fuel cell solutions, focusing on clean and zero-emission technologies for electric mobility and stationary power markets in North America and Europe. The company specializes in proton exchange membrane (PEM) fuel cell systems, fuel processing technologies, and hybrid solutions, alongside the necessary hydrogen storage and dispensing infrastructure. Its products include GenDrive, a hydrogen-powered PEM fuel cell system for material handling vehicles; GenFuel, which encompasses hydrogen delivery and dispensing; GenCare, a maintenance program for its fuel cell systems; and GenSure, a stationary fuel cell solution for backup and grid-support power. Plug Power also offers the GenKey solution, which integrates all essential components for fuel cell power, and ProGen, a fuel cell stack technology used in various applications. With over 40,000 deployed fuel cell systems, Plug Power is a significant player in the hydrogen economy and has established a network of hydrogen highways across North America. Founded in 1997 and headquartered in Latham, New York, the company serves a diverse clientele, including major corporations and industries.
Electric Hydrogen
Grant in 2024
Electric Hydrogen is a company focused on deep decarbonization by developing low-cost, high-efficiency systems for producing fossil-free hydrogen. The company targets industrial sectors such as ammonia and steel production, which contribute significantly to global greenhouse gas emissions. By rethinking electrolysis technology from scratch, Electric Hydrogen aims to make clean hydrogen competitive with traditional methods in terms of cost and scale. Their advanced PEM (Proton Exchange Membrane) technology uses renewable electricity to generate clean hydrogen gas, reducing industrial pollution and dependence on fossil fuels. The company's leadership team brings extensive experience from pioneering clean energy companies like Tesla and First Solar, positioning Electric Hydrogen as a strong contender in the quest for zero-emission industrial processes.
Cummins Power Generation
Grant in 2024
Cummins Power Generation is a world leader in the design and manufacture of power generation equipment, including PowerCommand standby and prime power systems. They also provide single-source warranty, planned maintenance, and round-the-clock emergency service 24 hours a day, seven days a week including back-up power rental through their network of distributors.
Part of the world-wide power systems business which has annual sales of more than $1.2 billion, Cummins Power Generation's strength comes from being a division of Cummins Inc.
Cummins Power Generation has unique expertise in that all aspects of generator set design, manufacture and service have been brought together in one company.
All the major components - the engine, alternator and control systems - are manufactured by divisions of Cummins. This integral approach means each element of a generating set is matched to work in harmony from the start.
Providing what the customer wants is at the core of Cummins' manufacturing philosophy. For generating set customers this means a choice of mobile, stationary, open or sound attenuated versions is available for all models.
G&W Electric
Grant in 2024
G&W Electric has been a global supplier of electric power equipment since 1905.
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.
PPL is a major U.S. utility holding company that owns and operates regulated utilities across Pennsylvania, Kentucky, and Rhode Island. It consistently delivers reliable energy services to its customers while maintaining a strong commitment to employee growth and community support.
Gas Technology Institute
Grant in 2024
Gas Technology Institute is a research, development, and training organization addressing energy and environmental challenges to enable a secure, abundant, and affordable energy future. The company provides economic value to the natural gas industry and energy markets by developing technology-based solutions for industry, government, and consumers.
Its research initiatives address issues impacting the natural gas and energy markets across the industry’s value chain—supply, delivery, and end use. GTI offers an integrated systems perspective to expand the supply of affordable energy, ensure a safe and reliable energy delivery infrastructure, and promote the efficient use of energy resources.
GTI is based in Des Plaines, Illinois, founded in 1941 as a non-profit corporation.
National Grid
Grant in 2023
National Grid is a major investor-owned energy company that owns and operates electricity transmission systems in England and Wales and manages regulated gas and electricity networks in the United Kingdom and United States. It focuses on delivering electricity and gas safely, reliably, and efficiently to customers and communities, while transforming networks with smarter, cleaner, and more resilient energy solutions to support decarbonisation. In the United Kingdom, it owns the electricity transmission and distribution assets and gas transmission infrastructure and also provides metering services. In the United States, it owns regulated transmission and generation assets serving multiple states, along with metering services and merchant transmission lines. It also operates the Grain LNG facility in the United Kingdom. As one of the world's largest investor-owned energy companies, National Grid oversees investments through its regulated businesses and related ventures, aiming to connect millions of customers to dependable energy while pursuing energy-system innovation and decarbonisation.
Entergy New Orleans
Grant in 2023
Entergy New Orleans, LLC is an electric and gas utility company that operates primarily in Orleans Parish, Louisiana. The company is responsible for electric power production and retail distribution, managing 36 miles of transmission mains and 1,740 miles of distribution mains. Entergy New Orleans owns and operates power plants with a total electric generating capacity of approximately 30,000 megawatts, which includes nearly 9,000 megawatts sourced from nuclear power. The utility also oversees 1,430 miles of electricity distribution and 158 transmission lines, along with 22 substations. In terms of customer service, it delivers electricity to approximately 205,000 customers and natural gas to around 108,000 customers. Entergy New Orleans is a subsidiary of Entergy Utility Holding Company, LLC and is headquartered in New Orleans.
Consumers Energy Company
Grant in 2023
Consumers Energy Company is a Michigan-based electric and natural gas utility serving residential, commercial, and industrial customers across the Lower Peninsula. It delivers electricity and natural gas to about 6.7 million residents in 68 counties. Founded in 1886 and headquartered in Jackson, Michigan, it operates through Electric Utility and Gas Utility segments and also includes NorthStar Clean Energy as a non-utility investments unit. It is a subsidiary of CMS Energy Corporation.
Xcel Energy is a leading electric and natural gas utility company serving approximately 6 million customers across eight states. It generates power through diverse sources including coal, nuclear, natural gas, hydro, solar, wind, and biomass. The company is committed to reducing carbon emissions and aims to supply more than half of its electricity from renewable sources by 2030.
Kit Carson Electric
Grant in 2023
Kit Carson Electric Cooperative is a utility company based in Taos, New Mexico. It provides essential services to the local community, including electricity, internet, and propane.
Minnesota Power
Grant in 2023
Minnesota Power is an energy distribution company.
Coastside County Water District
Grant in 2023
Coastside County Water District provides an adequate water supply that is safe and reliable. They offer water treatment, water distribution, water resources, and water utility services. Their customers contact through phone and email.
Xcel Energy is a leading electric and natural gas utility company serving approximately 6 million customers across eight states. It generates power through diverse sources including coal, nuclear, natural gas, hydro, solar, wind, and biomass. The company is committed to reducing carbon emissions and aims to supply more than half of its electricity from renewable sources by 2030.
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.
Leaptran develops AI-driven energy management systems for optimizing consumption and cost savings. Their solution integrates renewable energy sources, battery storage, solar forecasting, load forecasting, asset protection, and system integration to enhance energy affordability, reliability, and resiliency.
Founded in 2013, Innowatts specializes in data analytics for the energy sector. Its eUtility™ platform leverages machine learning and meter-level data to help energy retailers and utilities worldwide manage grids, enhance profitability, improve customer relationships, and promote sustainability.
Shifted Energy
Grant in 2023
Shifted Energy develops software and controllers that convert electric water heaters and other household assets into flexible distributed energy resources for demand response. Its platform enables utilities and grid operators to stabilize the grid and accelerate renewable integration by preheating water to absorb excess renewables and delivering fast demand response. The product suite includes Grid Maestro, a virtual power plant for electric water heaters, and Tempo, a retrofit controller for water heaters. The platform can also integrate assets such as pool pumps, home batteries, solar inverters, and electric vehicle charging stations to provide multiple grid services. It serves utilities, distributed energy aggregators, building managers, homeowners, and renters. The company was founded in 2014 and is based in Honolulu, Hawaii.
Latimer Controls
Grant in 2023
Latimer Controls specializes in advanced machine learning software for managing solar site variability. Its system optimizes solar farm operations, predicts maximum power output, and ensures grid stability, enabling clients to enhance performance even under high solar penetration.
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.
Georgia Power Company
Grant in 2023
Georgia Power Company, incorporated in 1930 and headquartered in Atlanta, Georgia, is a subsidiary of The Southern Company that provides electric power and energy services to businesses and residents across the state. The company generates electricity through a diverse mix of sources, including natural gas, oil, coal, nuclear, hydro, and renewable energy. Georgia Power is committed to delivering reliable and affordable energy, and it also operates a solar program to promote renewable energy production. Additionally, the company offers energy efficiency programs and tips to help customers reduce their energy consumption and costs, ensuring a sustainable energy future for Georgia.
Southern California Gas Company
Grant in 2023
Founded in 1867, the company operates a comprehensive natural gas distribution, transmission, and storage system serving approximately 22 million customers across Central and Southern California. As of 2019, it maintained over 54,000 miles of pipelines and nine compressor stations.
ComEd (Commonwealth Edison)
Grant in 2023
As your local utility and an energy delivery company with more than a century of experience, our commitment to customer service, security, and satisfaction is guided by the progress of the past and the promise of the future. Driving an industry that is entrepreneurial in nature, we have always remained focused on benefiting the people, environment, and economies of the communities we serve. We continue to enhance our services and the workforce that helps us generate smart ideas.
Nomad Transportable Power Systems
Grant in 2023
NOMAD Transportable Power Systems specializes in developing utility-scale mobile energy storage solutions designed for flexibility and affordability. Founded as a collaboration between Northern Reliability and KORE Power, the company focuses on addressing diverse project needs with its patent-pending technologies. Established in early 2015, NOMAD recognized a market demand for transportable energy solutions that offer lower costs and easier integration. Beginning in 2019, the partnership resulted in the production of 100% U.S.-manufactured energy storage systems. NOMAD’s innovative plug-and-play battery storage systems, integrated with custom-designed mobile energy frameworks, provide reliable and adaptable energy solutions for a variety of industries, enabling customers to effectively manage their energy requirements.
FESCO Energy
Grant in 2023
FESCO Energy is a Maryland-based company that specializes in providing energy-as-a-service solutions in the United States. The firm focuses on the acquisition, deployment, and management of customized energy solutions tailored for government agencies and organizations with critical operational requirements. By simplifying the processes of acquisition, contracting, and management, FESCO Energy aims to address the unique energy needs of federal and commercial customers effectively.
Howard Energy Partners
Grant in 2023
Howard Energy Partners is an independent midstream energy company that specializes in the ownership and operation of natural gas gathering and transportation pipelines, natural gas liquids processing plants, rail facilities, liquid storage terminals, and deep-water port facilities. The company operates a comprehensive midstream platform that serves the energy sector, facilitating access to clean, low-cost, and reliable energy. Its assets are primarily located in Texas and Pennsylvania, and the company maintains corporate offices in San Antonio, Houston, and Mexico City. Through its integrated services, Howard Energy Partners plays a crucial role in the energy supply chain, supporting the efficient movement and processing of natural gas and related products.
Mission Power
Grant in 2023
Mission Power is an electrical power solution company that specializes in backup power and electrical construction for commercial and residential customers.
PowerTech Water
Grant in 2023
PowerTech Water, Inc. is a company specializing in water treatment solutions, focusing on the development and marketing of innovative products. It offers CapCo, an electrochemical filter designed to effectively remove a range of metals from water, including lead, copper, manganese, iron, silver, gold, mercury, zinc, nickel, and aluminum. The company's technology serves various industries, including batteries, microelectronics, electroplating, automotive, metal finishing, mining, food and beverage, and oil and gas. Founded in 2014, PowerTech Water is headquartered in Lexington, Kentucky, and is committed to providing chemical-free wastewater treatment solutions.
Veritel Energy
Grant in 2023
Veritel Energy focuses on enhancing energy efficiency in multifamily residences by implementing strategies that reduce energy, water, and waste consumption. This approach not only decreases operating costs but also boosts property values and market appeal. Additionally, the company has developed a renewable energy billing and accounting platform that assists landlords and tenants in managing utility billing and tracking carbon offset impacts. Veritel Energy also facilitates preferential financing options to help mitigate or eliminate upfront investment costs for renewable energy projects. Their services include design, supply-chain management, installation, and commissioning of renewable energy systems, contributing to the decarbonization of the electrical grid and promoting access to renewable energy in underserved communities.
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.
Con Edison is a prominent organization that operates one of the largest energy delivery systems in the world, supplying electricity, gas, and steam primarily to New York City and Westchester County. The company is also committed to providing renewable energy and environmental services, alongside cost-effective energy management solutions. This diverse portfolio positions Con Edison as a key player in the energy sector, focusing on both traditional and sustainable energy sources to meet the needs of its extensive customer base.
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.
Con Edison is a prominent organization that operates one of the largest energy delivery systems in the world, supplying electricity, gas, and steam primarily to New York City and Westchester County. The company is also committed to providing renewable energy and environmental services, alongside cost-effective energy management solutions. This diverse portfolio positions Con Edison as a key player in the energy sector, focusing on both traditional and sustainable energy sources to meet the needs of its extensive customer base.
Portland General Electric
Grant in 2023
Founded in 1889, Portland General Electric is Oregon's largest utility company, serving approximately 900,000 customers across 52 cities. It operates a diverse portfolio of power plants including thermal, hydroelectric, wind farms, and energy storage facilities. The company is committed to providing reliable electricity at affordable prices while also leading the way in renewable energy practices.
Pacific Gas and Electric Company
Grant in 2023
Pacific Gas and Electric Company, established in 1905, is a leading investor-owned utility providing natural gas and electric services to approximately 16 million people throughout Northern and Central California.
Sunnova Energy
Post in 2023
Founded in 2012, Sunnova Energy is a leading U.S.-based residential solar company, serving over 80,000 customers nationwide. It offers comprehensive energy solutions including operations and maintenance, monitoring, repairs, equipment upgrades, and on-site power optimization for its fleet of approximately 572 megawatts of solar energy systems.
Equiwatt Limited is a clean technology company based in Gateshead, United Kingdom, established in 2015. The company operates a digital platform that incentivizes households to save energy during peak demand periods by participating in demand response programs. By enabling consumers to trade their energy demand flexibility, Equiwatt facilitates the creation of a crowd-owned virtual power plant that optimizes the management of household electrical loads. This innovative platform allows users to monitor and control their energy consumption, rewarding them for reducing usage when electricity is costly or environmentally harmful. Through its efforts, Equiwatt aims to promote clean energy consumption and contribute to the transformation of the traditional electricity grid into a more efficient digital system.
Imagen Energy
Grant in 2022
Imagen Energy specializes in developing efficient and compact energy solutions. The company focuses on scaling up and commercially demonstrating cost-effective electric vehicle (EV) fast charging equipment manufactured in the United States. Their EV fast chargers are designed to optimize limited grid power availability, making them suitable for public and fleet charging locations. This technology enhances resilience and flexibility, particularly benefiting urban communities that may lack investment opportunities for EV infrastructure. Additionally, Imagen Energy offers solar energy solutions, including solar panel installations, battery storage systems, and monitoring tools. These offerings help businesses and homeowners generate clean electricity, store excess solar energy, and reduce reliance on the traditional grid, promoting energy independence.
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.
The National Rural Electric Cooperative Association is the national trade association representing more than 900 local electric cooperatives.
Ocean Power Technologies (OPT)
Grant in 2022
Ocean Power Technologies, Inc. is a leader in developing systems that convert ocean wave energy into electricity. The company operates primarily in North and South America, Europe, and Asia, offering various products, including the PB3 PowerBuoy system, which generates power independently of the electric grid for use in remote offshore locations. Their product line includes both utility and autonomous PowerBuoy systems, as well as hybrid PowerBuoy products and subsea battery systems. Additionally, the company provides services such as electric power generation, real-time data communications, and marine installation for sectors like offshore oil and gas, defense and security, science and research, and communication. Founded in 1984 and headquartered in Monroe Township, New Jersey, Ocean Power Technologies targets public and private entities that require reliable remote power solutions.
Quino Energy
Grant in 2021
Quino Energy specializes in manufacturing innovative battery systems that utilize organic quinone molecules dissolved in water for long-duration energy storage. Licensed from Harvard University, their technology offers a cost-effective alternative to traditional batteries for commercial and grid applications.
National Grid
Grant in 2021
National Grid is a major investor-owned energy company that owns and operates electricity transmission systems in England and Wales and manages regulated gas and electricity networks in the United Kingdom and United States. It focuses on delivering electricity and gas safely, reliably, and efficiently to customers and communities, while transforming networks with smarter, cleaner, and more resilient energy solutions to support decarbonisation. In the United Kingdom, it owns the electricity transmission and distribution assets and gas transmission infrastructure and also provides metering services. In the United States, it owns regulated transmission and generation assets serving multiple states, along with metering services and merchant transmission lines. It also operates the Grain LNG facility in the United Kingdom. As one of the world's largest investor-owned energy companies, National Grid oversees investments through its regulated businesses and related ventures, aiming to connect millions of customers to dependable energy while pursuing energy-system innovation and decarbonisation.
Summit Natural Gas of Maine
Grant in 2021
Summit Natural Gas of Maine, Inc. operates as a natural gas distributor.
Southern California Gas Company
Grant in 2020
Founded in 1867, the company operates a comprehensive natural gas distribution, transmission, and storage system serving approximately 22 million customers across Central and Southern California. As of 2019, it maintained over 54,000 miles of pipelines and nine compressor stations.
Maalka is a developer of an energy efficiency platform aimed at assisting cities and building owners in measuring, managing, and reducing their environmental impact. The company offers a suite of tools that enable organizations to track their energy, water, and waste consumption, providing critical insights for improving efficiency. By leveraging data-driven program management, Maalka empowers private organizations and agencies to automate building energy efficiency initiatives, streamline outreach and reporting efforts, and scale analytics across their building portfolios. With a focus on open, secure, and scalable solutions, Maalka facilitates the deployment of data-driven programs aligned with proven frameworks in sustainability and commercial real estate.
SolarReserve
Grant in 2018
SolarReserve, a venture-backed renewable energy company, focuses on advanced solar thermal storage technology. SolarReserve was formed to solve two of the fundamental barriers of renewable energy: scalability and storage. Unlike hydroelectric, geothermal, biomass, and other renewable energy technologies that use limited renewable fuel sources, SolarReserve's power plants draw their heat from the sun - earth's ultimate source of clean energy. And unlike wind and photovoltaics, SolarReserve's power plants can deliver power whenever it is needed, either 24 hours per day or only during "peak" demand. By overcoming these two key barriers, SolarReserve enables utility-scale, clean, renewable electricity generation.
ProjectEconomics specializes in providing software and solutions designed to enhance the efficiency of distributed generation programs within the energy sector, particularly focusing on community solar initiatives. The company caters to utilities, energy retailers, and solar developers, facilitating the implementation and administration of community solar projects. By streamlining these processes, ProjectEconomics aims to support the growth of renewable energy and promote more accessible solar power options for communities.
Atrex Energy
Grant in 2016
Atrex Energy, Inc. specializes in the design and manufacture of remote power generation systems tailored for harsh environments and remote locations. The company employs innovative tubular solid oxide fuel cell technology that efficiently converts conventional natural gas and propane into direct current electrical power, eliminating the need for combustion. This approach provides clients with cost-effective and reliable power solutions suited for various industries, including oil and gas, mining, construction, off-grid telecommunications, railroads, and environmental monitoring. Atrex Energy distributes its products through authorized partners across Alaska, Canada, the United States, and Mexico. Founded in 1994 and headquartered in Walpole, Massachusetts, the company was formerly known as Acumentrics SOFC Corporation until its rebranding in May 2016. As sales grow, Atrex Energy anticipates expanding its workforce to meet increasing demand for its advanced power generation systems.
ProjectEconomics specializes in providing software and solutions designed to enhance the efficiency of distributed generation programs within the energy sector, particularly focusing on community solar initiatives. The company caters to utilities, energy retailers, and solar developers, facilitating the implementation and administration of community solar projects. By streamlining these processes, ProjectEconomics aims to support the growth of renewable energy and promote more accessible solar power options for communities.
ComEd (Commonwealth Edison)
Grant in 2016
As your local utility and an energy delivery company with more than a century of experience, our commitment to customer service, security, and satisfaction is guided by the progress of the past and the promise of the future. Driving an industry that is entrepreneurial in nature, we have always remained focused on benefiting the people, environment, and economies of the communities we serve. We continue to enhance our services and the workforce that helps us generate smart ideas.
Primus Power
Series C in 2014
Founded in 2009, Primus Power designs and manufactures electrical energy storage systems. Its core product is EnergyPod, a flow battery system offering scalable capacity from 25kW to 25MW for stationary grid-scale applications. With a lifespan of up to 20 years, these safe and low-maintenance zinc-bromine batteries serve commercial, industrial, data center, microgrid, and utility customers worldwide.
Gen4 Energy, originally founded as Hyperion Power Generation Inc. in 2007, is a private company dedicated to commercializing the Gen4 Module, an advanced mini reactor technology. This reactor, developed from intellectual property by scientists at Los Alamos National Laboratory, addresses the need for a small, transportable power source that is safe, clean, sustainable, and cost-effective. The company's G4M reactor offers a low-cost, efficient alternative to traditional large water reactors, making it suitable for various applications, including mining and oil and gas operations, as well as providing reliable baseload power for large government facilities and isolated communities. Gen4 Energy aims to advance the licensing of next-generation nuclear technologies, contributing to a more sustainable energy future.
Solectria Renewables
Grant in 2011
Solectria Renewables, LLC is the U.S. based grid-tied PV inverter, string combiner and web-based monitoring manufacturer for residential, commercial and utility-scale solar projects. Our wide range of products includes 1.8kW to 500kW grid-tied inverters for systems 1kW to multi-MWs. Solectria Renewables is backed by over 20 years of power electronics and inverter experience and world class warranties. All of our commercial and utility-scale PV inverters are manufactured in the USA, ARRA compliant, Ontario FIT Content Compliant, and listed to UL 1741/IEEE 1547.
Beacon Power
Grant in 2009
Beacon Power, LLC specializes in the design, development, and commercialization of grid-scale flywheel energy storage systems for electric power grids in the United States and internationally. The company’s innovative technology converts and stores electrical energy as rotating kinetic energy, providing essential services for grid stability, efficiency, and reliability. Beacon Power's products are utilized for frequency regulation, power grid balancing, and the integration of renewable energy sources, among other ancillary services. The company operates facilities located in Tyngsboro, Massachusetts; Stephentown, New York; and Hazle Township, Pennsylvania. Founded in 1997 and based in Tyngsboro, Beacon Power is committed to supporting stable and reliable electricity grid operations through its advanced storage solutions.
Arizona Public Service
Grant in 2009
Arizona Public Service Company is a utility provider based in Phoenix, Arizona, founded in 1886. As a subsidiary of Pinnacle West Capital Corporation, it generates electricity from a mix of coal-fired and renewable energy sources. The company serves both residential and commercial customers, offering vertically-integrated electric utility services that include retail and wholesale electricity. Arizona Public Service is committed to delivering clean, reliable, and affordable energy to its clients.
Atrex Energy
Venture Round in 2008
Atrex Energy, Inc. specializes in the design and manufacture of remote power generation systems tailored for harsh environments and remote locations. The company employs innovative tubular solid oxide fuel cell technology that efficiently converts conventional natural gas and propane into direct current electrical power, eliminating the need for combustion. This approach provides clients with cost-effective and reliable power solutions suited for various industries, including oil and gas, mining, construction, off-grid telecommunications, railroads, and environmental monitoring. Atrex Energy distributes its products through authorized partners across Alaska, Canada, the United States, and Mexico. Founded in 1994 and headquartered in Walpole, Massachusetts, the company was formerly known as Acumentrics SOFC Corporation until its rebranding in May 2016. As sales grow, Atrex Energy anticipates expanding its workforce to meet increasing demand for its advanced power generation systems.
Plug Power Inc. is a leading provider of hydrogen fuel cell solutions, focusing on clean and zero-emission technologies for electric mobility and stationary power markets in North America and Europe. The company specializes in proton exchange membrane (PEM) fuel cell systems, fuel processing technologies, and hybrid solutions, alongside the necessary hydrogen storage and dispensing infrastructure. Its products include GenDrive, a hydrogen-powered PEM fuel cell system for material handling vehicles; GenFuel, which encompasses hydrogen delivery and dispensing; GenCare, a maintenance program for its fuel cell systems; and GenSure, a stationary fuel cell solution for backup and grid-support power. Plug Power also offers the GenKey solution, which integrates all essential components for fuel cell power, and ProGen, a fuel cell stack technology used in various applications. With over 40,000 deployed fuel cell systems, Plug Power is a significant player in the hydrogen economy and has established a network of hydrogen highways across North America. Founded in 1997 and headquartered in Latham, New York, the company serves a diverse clientele, including major corporations and industries.