Utility Global
Series C in 2024
Utility Global, Inc. is a technology company based in Provo, Utah, founded in 2018. It specializes in the design and development of innovative solutions for manufacturing, sensing, control, and nanotechnology, with a focus on its proprietary gas production technology known as eXERO™. This technology features a unique reactor that converts variable industrial process gases into high-purity hydrogen and a concentrated CO2 stream, facilitating on-site carbon capture without requiring electricity. The hydrogen produced can be utilized as a replacement for coke in steelmaking, while the high purity of the CO2 stream simplifies and reduces the costs associated with carbon capture. Through its advancements, Utility Global aims to contribute to a low-carbon future and support the decarbonization of the steel industry.
X-energy is a developer of advanced modular nuclear reactors and fuel technology for clean energy generation. The company manufactures fuel that seals uranium particles in a protective coating, making meltdown impossible. It develops safe and efficient reactors and proprietary fuel to deliver reliable, zero-carbon, affordable energy to people worldwide. The simplified, modular, and high-temperature gas reactor design expands applications and markets for the deployment of nuclear technology.
Silfab Solar
Venture Round in 2023
Silfab Solar is a leading manufacturer and supplier of high-efficiency photovoltaic (PV) modules, specializing in the design and development of innovative solar energy solutions. With a strong foundation in Italian photovoltaic technology, the company offers a range of premium-quality solar panels, including its renowned Elite Series, which is recognized for achieving the highest efficiency among solar panels produced in the United States. Silfab Solar's product lineup includes monocrystalline and bifacial modules, utilizing advanced polysilicon technology to enhance performance and provide additional back-side power, thereby contributing to the renewable energy landscape and improving overall efficiency in the solar energy market.
Swell Energy
Series B in 2022
Swell Energy, established in 2014 and headquartered in Santa Monica, California, specializes in energy storage solutions for residential and commercial customers in Southern California. The company offers smart and lithium-ion home batteries, as well as solar home batteries, and provides comprehensive services including design, permitting, installation, and maintenance. Swell Energy's signature product, EnergyShield, combines solar panels and compact lithium-ion home batteries to supply backup power and act as a buffer between homes and the power grid. The company also facilitates the adoption of clean energy technologies through financing and educational resources, and partners with local solar and storage companies for seamless installations. Additionally, Swell Energy delivers virtual power plant networks and grid-balancing services to utilities, contributing to a more resilient and sustainable distributed energy system.
BluWave-ai is a company focused on transforming the energy sector by promoting the use of distributed and renewable energy resources, electric transportation, and smart loads. Utilizing a software-as-a-service (SaaS) model, BluWave-ai leverages artificial intelligence to enhance the operation of smart grids and microgrids. Their platform enables real-time optimization of power generation and operation, allowing clients to predict electricity demand accurately and adapt to fluctuations in consumption and generation. This approach has led to significant savings in capital and operational costs for communities, corporations, and utilities, while also reducing their carbon footprints. BluWave-ai is committed to fostering universal access to affordable and sustainable energy and transportation systems, serving a diverse clientele that includes distribution utilities, enterprises, mining operations, campuses, and remote or off-grid communities worldwide.
Caban Systems
Series B in 2022
Caban Systems, founded in 2017 and based in San Mateo, California, specializes in the design and manufacture of modular lithium-ion energy storage systems tailored for the telecommunications industry. The company focuses on providing software-enabled solutions that enhance energy management for off-grid and weak-grid telecom sites. By utilizing intelligent lithium-ion battery packs, Caban Systems aims to prevent downtime and lower the total cost of ownership and maintenance for telecom towers. This approach not only helps clients save on energy expenses but also contributes to reduced emissions, making it a valuable partner for telecommunication companies and mobile network operators.
Silfab Solar
Venture Round in 2021
Silfab Solar is a leading manufacturer and supplier of high-efficiency photovoltaic (PV) modules, specializing in the design and development of innovative solar energy solutions. With a strong foundation in Italian photovoltaic technology, the company offers a range of premium-quality solar panels, including its renowned Elite Series, which is recognized for achieving the highest efficiency among solar panels produced in the United States. Silfab Solar's product lineup includes monocrystalline and bifacial modules, utilizing advanced polysilicon technology to enhance performance and provide additional back-side power, thereby contributing to the renewable energy landscape and improving overall efficiency in the solar energy market.
Moltex Energy
Grant in 2021
Moltex Energy is a leader in nuclear technology focused on developing innovative solutions for clean electricity generation. The company has created the Stable Salt Reactor - Wasteburner (SSR-W), which utilizes a molten salt-based fuel system derived from recycled nuclear waste. This design not only offers a cost-effective and environmentally friendly approach to energy production but also enhances safety features, making it suitable for various community settings. The SSR-W is capable of generating large-scale power, with outputs ranging from 300 to 500 MWe per reactor. Additionally, Moltex has developed the WAste To Stable Salt (WATSS) recycling process, which further minimizes waste. Their GridReserve technology allows the reactor to store energy as heat, enabling it to supply electricity to the grid during peak demand periods, effectively complementing intermittent renewable energy sources like wind and solar. Moltex Energy is advancing its technology through partnerships, including a collaboration with NB Power to deploy its reactor systems at the Point Lepreau site in New Brunswick, Canada.
Eagle Creek Renewable Energy
Acquisition in 2018
Eagle Creek Renewable Energy, LLC specializes in the development, ownership, and operation of small-scale hydroelectric power projects across North America, delivering clean energy to various electricity consumers. Founded in 2010 and headquartered in Morristown, New Jersey, the company operates hydroelectric facilities in states including Illinois, Michigan, Minnesota, New York, Wisconsin, and Vermont. In addition to its core operations, Eagle Creek provides operations, maintenance, regulatory, repair, and overhaul services to its own facilities and other hydroelectric plants, particularly in the Midwest. The firm serves a diverse clientele, including public utilities, governmental agencies, and private power producers, and is committed to enhancing the efficiency and sustainability of its renewable energy projects.