US Department of Energy

The U.S. Department of Energy is a government agency established in 1977, located in Washington, D.C. Its primary mission is to ensure the security and prosperity of the nation by tackling energy, environmental, and nuclear challenges. The Department focuses on promoting transformative scientific and technological solutions to address these issues, thereby supporting the country's energy needs and environmental sustainability.

Maria Robinson

Director of DOE's Grid Deployment Office

David Tucker

Research Scientist

Past deals in Electricity

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.

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.

Power Panel

Grant in 2024
Specializes in developing renewable energy technologies, focusing on solar power. Offers sustainable energy solutions, including solar-thermal hybrid arrays, high-efficiency thermal tanks, and rapid deployment systems designed for easy installation and low maintenance.

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.

Mazama Energy

Grant in 2024
Mazama Energy is a geothermal power company specializing in utility-scale electricity generation. It focuses on extracting heat from deep, hot rocks to produce clean, baseload power, without emitting carbon. The company operates by developing new technologies and methods to harness this geothermal energy, aiming to create a low-cost, terawatt-scale, and dispatchable source of carbon-free energy.

NeoVolta

Post in 2024
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.

B2U Storage Solutions

Grant in 2024
B2U Storage Solutions is a developer and provider of battery energy storage systems that supplies stored electricity to power sectors. The company focuses on enhancing the reliability of renewable energy by offering solutions that store energy generated from sources like solar and wind, particularly during times when these resources are insufficient to meet demand. B2U's proprietary autonomous system allows for the use of electric vehicle battery packs in large-scale energy storage without the need for reconfiguration, which helps clients lower their Levelized Cost of Storage compared to traditional new batteries. This innovative approach positions B2U as a key player in the transition to sustainable energy management.

Mainspring

Grant in 2024
Mainspring Energy, Inc. is a technology company based in Menlo Park, California, that specializes in developing linear generator technology for low carbon, dispatchable energy solutions. Founded in 2010 by three Stanford engineers, the company focuses on creating advanced prototypes that convert fuel into electricity through a unique, low-temperature reaction of air and fuel. This innovative approach allows Mainspring to offer generators that provide affordable, reliable electricity while significantly reducing carbon emissions compared to traditional electric grids. The company's mission is to address climate change and enhance energy accessibility, contributing to the development of net-zero carbon energy systems for the future.

MetOx Technologies

Grant in 2024
MetOx specializes in manufacturing high-temperature superconducting (HTS) wire using YBCO. Its primary product enables efficient electricity transmission with minimal loss and heat generation, serving critical applications such as upgrading power lines, fusion reactors, and advanced MRI scanners.

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.

UniSource Energy Services

Grant in 2024
UniSource Energy Services provides safe, reliable energy to nearly 250,000 customers in northern and southern Arizona.

Mon Power

Grant in 2024
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.

CorePower Magnetics

Grant in 2024
CorePower Magnetics specializes in the manufacture of electric components using advanced magnetic core technology. This innovation aims to enhance efficiency and power density, enabling significant reductions in weight, volume, and losses without relying on rare earth metals. The company's products cater to industries such as data centers, microgrids, electric vehicles (EVs), and EV charging infrastructure, offering higher current capabilities, lower power needs, increased range, and faster charging speeds.

PG&E

Grant in 2024
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.

EPRI

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

PPL

Grant in 2024
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.

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.

Pecos Wind Power

Grant in 2024
Pecos Wind Power specializes in the design, construction, and sale of wind turbines aimed at facilitating distributed generation of renewable energy. The company develops turbines that enable clients to generate their own cost-effective electricity, making them suitable for a variety of applications including schools, businesses, and commercial electricity consumers. By providing an affordable solution for renewable energy production, Pecos Wind Power helps clients transition to sustainable energy sources with ease, contributing to a greener energy landscape.

Noria Energy

Grant in 2024
Noria Energy, founded in 2018, specializes in the design and development of solar photovoltaic projects tailored for wastewater treatment plants, as well as commercial, industrial, and hydroelectric power plant clients. The company has constructed over 1GW of solar capacity and has a growing project pipeline exceeding 200MW. Noria Energy focuses on providing tailored solar solutions that include both floating and ground-mount installations, enabling customers to directly harness solar power without relying on utility companies. This approach not only helps clients reduce their energy costs and benefit from renewable energy incentives but also supports their clean energy objectives and offers protection against grid disruptions.

Ecolong

Grant in 2024
Ecolong is a technology company that specializes in developing software platforms for the energy sector. Its primary focus is to reduce energy consumption and promote the use of clean energy sources. The company's innovative software employs blockchain technology to decentralize energy markets, facilitating secure, peer-to-peer transactions between customers, solar owners, and utilities. This enables more efficient energy management and access to technological benefits.

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

Grant in 2024
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.

Allete

Grant in 2024
ALLETE, Inc. is an energy company based in Duluth, Minnesota, incorporated in 1906. It operates through two primary segments: Regulated Operations and ALLETE Clean Energy. The Regulated Operations segment includes Minnesota Power and Superior Water, Light and Power Company, which provide electric, natural gas, and water services to a significant number of customers in northeastern Minnesota and northwestern Wisconsin. Additionally, this segment encompasses an investment in American Transmission Company, a utility that maintains electric transmission infrastructure across parts of Wisconsin, Michigan, Minnesota, and Illinois. ALLETE Clean Energy focuses on the development, acquisition, and operation of clean and renewable energy projects, operating around 660 megawatts of wind energy generation. The company is also involved in coal mining operations in North Dakota and real estate investments in Florida, while owning and operating multiple substations with substantial capacity.

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.

Generac Power Systems

Grant in 2024
Generac Power Systems, Inc. is a manufacturer of backup power generators and engine-powered tools, specializing in various power generation solutions for residential, commercial, and industrial markets. The company's product portfolio includes home backup generators, portable generators, business standby generators, and a range of pressure washers and water pumps. Additionally, Generac offers automatic transfer switches and energy storage systems, enhancing its capabilities in home energy management. Its mobile products, such as light towers and generators, are tailored for diverse applications including government, military, construction, and disaster relief. Generac serves a wide array of industries, including healthcare, telecommunications, and hospitality, by distributing its products through retailers, service centers, and dealers both domestically and internationally. Founded in 1959 and headquartered in Waukesha, Wisconsin, Generac operates additional facilities across several locations in the U.S. and abroad, including Latin America and Europe. The company also engages in strategic partnerships to further expand its market presence.

Blip Energy

Grant in 2024
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.

Skyven Technologies

Grant in 2024
Skyven Technologies is an energy-as-a-service company specializing in decarbonizing industrial process heat. It works with manufacturers in hard-to-decarbonize industries, providing clean, emissions-free process heat at prices lower than natural gas. Skyven installs its advanced technology, such as the Arcturus line of steam generating heat pumps, with no upfront capital cost or disruption to existing processes. The company monitors carbon emissions in real-time and bills clients only for the clean energy delivered. It offers dashboards displaying real-time data-backed savings and carbon metrics.

Ørsted

Grant in 2024
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.

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.

Verdagy

Grant in 2024
Verdagy specializes in innovative water electrolysis technology for large-scale green hydrogen production. Based in Moss Landing, California, the company operates laboratory and pilot plant facilities to advance its technology platform, aiming to achieve low upfront capital costs and competitive unit economics.

HighT-Tech

Grant in 2024
HighT-Tech is an innovative electric heating company focused on developing clean technologies aimed at promoting sustainability. It serves various sectors, including chemical, energy, transportation, and environmental industries. The company specializes in high-temperature synthesis, overcoming limitations in synthesis processes, and creating high-performance membranes. Additionally, HighT-Tech is involved in battery technologies and materials discovery through rapid sintering techniques. By revolutionizing electrified heating methods, HighT-Tech contributes to the advancement of clean technologies that support a more sustainable future.

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.

Energy Internet Corporation

Grant in 2024
Energy Internet Corporation unites engineering and hardware systems to produce efficient energy storage and renewable energy distribution.

EPRI

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

PPL

Grant in 2024
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.

RedoxBlox

Grant in 2024
RedoxBlox develops thermochemical energy storage technology to decarbonize high-temperature industrial thermal processing and provide long-duration energy storage for the grid. The technology enables continuous high-temperature heat while integrating with existing infrastructure to replace natural gas combustion, supporting electrification and renewables deployment. It reduces carbon dioxide and nitrogen oxides emissions, enhances safety and resilience, and aims to lower total capital cost for industrial processors and power plant operators. By delivering scalable, long-duration heat, RedoxBlox helps industries leverage renewable energy and move toward low-emission operations.

Ecolong

Grant in 2024
Ecolong is a technology company that specializes in developing software platforms for the energy sector. Its primary focus is to reduce energy consumption and promote the use of clean energy sources. The company's innovative software employs blockchain technology to decentralize energy markets, facilitating secure, peer-to-peer transactions between customers, solar owners, and utilities. This enables more efficient energy management and access to technological benefits.

Advanced Conductor Technologies

Grant in 2024
Founded in 2011, Advanced Conductor Technologies specializes in developing high-temperature superconducting CORC cables for high-field magnet and power transmission applications. The company has received multiple SBIR/STTR grants from U.S. government agencies since 2012 to support its research and development efforts.

CorePower Magnetics

Grant in 2023
CorePower Magnetics specializes in the manufacture of electric components using advanced magnetic core technology. This innovation aims to enhance efficiency and power density, enabling significant reductions in weight, volume, and losses without relying on rare earth metals. The company's products cater to industries such as data centers, microgrids, electric vehicles (EVs), and EV charging infrastructure, offering higher current capabilities, lower power needs, increased range, and faster charging speeds.

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.

Minnesota Power

Grant in 2023
Minnesota Power is an energy distribution company.

epb

Grant in 2023
epb specializes in energy, internet, communications, and related services.

Allete

Grant in 2023
ALLETE, Inc. is an energy company based in Duluth, Minnesota, incorporated in 1906. It operates through two primary segments: Regulated Operations and ALLETE Clean Energy. The Regulated Operations segment includes Minnesota Power and Superior Water, Light and Power Company, which provide electric, natural gas, and water services to a significant number of customers in northeastern Minnesota and northwestern Wisconsin. Additionally, this segment encompasses an investment in American Transmission Company, a utility that maintains electric transmission infrastructure across parts of Wisconsin, Michigan, Minnesota, and Illinois. ALLETE Clean Energy focuses on the development, acquisition, and operation of clean and renewable energy projects, operating around 660 megawatts of wind energy generation. The company is also involved in coal mining operations in North Dakota and real estate investments in Florida, while owning and operating multiple substations with substantial capacity.

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.

Xcel Energy

Grant in 2023
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.

Generac Grid Services

Grant in 2023
Generac Grid Services specializes in advanced energy grid software that supports the energy industry by optimizing energy distribution and managing electric vehicle (EV) loads. The company utilizes a real-time energy-balancing platform designed to enhance the operational stability of power grids by effectively harnessing distributed energy resources, including flexible loads, energy storage, and renewable energy sources. Generac Grid Services provides essential tools for energy retailers and utilities, enabling them to dynamically optimize and dispatch resources to meet the real-time demands of the power system. By leveraging this technology, the company addresses the complexities associated with increasingly variable energy assets and evolving market opportunities, thereby enhancing overall grid reliability and efficiency.

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.

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.

MetOx Technologies

Grant in 2023
MetOx specializes in manufacturing high-temperature superconducting (HTS) wire using YBCO. Its primary product enables efficient electricity transmission with minimal loss and heat generation, serving critical applications such as upgrading power lines, fusion reactors, and advanced MRI scanners.

Xcel Energy

Grant in 2023
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.

EPRI

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

Leaptran

Grant in 2023
Leaptran is a developer of advanced energy and wellness management systems focused on optimizing energy consumption and enhancing cost savings for solar-powered buildings. The company's innovative platform utilizes machine learning and visualization software, integrated with a customized hardware platform, to facilitate effective energy storage control and management. Leaptran's system encompasses renewable energy integration, battery energy storage systems, solar forecasting, load forecasting, and asset protection, allowing customers to improve the affordability, reliability, and resiliency of their energy use. By enabling industries to optimize their return on investment and manage their energy assets efficiently, Leaptran positions itself as a key player in the evolving landscape of energy management solutions.

muGrid Analytics

Grant in 2023
We combine our deep expertise in renewable energy systems, modern energy markets, and financial engineering to help our clients optimize the design and operation of their energy assets. We are the quants of the renewable energy world. We combine our deep domain expertise in energy system operation, energy markets, and financial engineering with cutting-edge stochastic modeling and optimization to help project developers, investors, utilities, and equipment manufacturers reduce the risk and maximize the economic return of their assets. We’re recognized experts in the economics of battery energy storage and will help you get the right system in place, show you the economic return, and then once it’s built, we’ll analyze the data so you know you’re getting the best performance. Let us put math, big data, and the coolest analysis on the planet to work for you.

Sitkana

Grant in 2023
Sitkana is a technology company specializing in harnessing oceanic tidal currents to generate electricity. It develops modular buoy systems that replace high-cost diesel generators, connecting to existing electrical grids and utilizing fishing vessels for maintenance. Additionally, Sitkana produces modular power devices for sailboats and liveaboard vessels, aiming to provide lower-cost electricity to coastal communities.

Accelerate Wind

Grant in 2023
Accelerate Wind develops on-site wind energy solutions for commercial and industrial buildings, including small-scale rooftop wind turbines and integrated solar systems to maximize rooftop space and provide additional revenue streams. The company uses patent-pending airfoil designs to increase wind speed and energy output and is developing a patent-pending powertrain concept that stores energy in a small flywheel to reduce the cost of wind turbine power electronics.

Thea Energy

Grant in 2023
Thea Energy is developing scalable fusion energy technology using arrays of mass-manufacturable magnets and dynamic software controls. Its proprietary stellarator architecture aims to generate a limitless source of zero-emission power, contributing to a sustainable future.

Realta Fusion

Grant in 2023
Realta Fusion develops fusion energy technology for industrial heat and power production. It combines advancements in superconducting materials, plasma physics, and computing power in a simple linear fusion reactor design, utilizing abundant fuel sources to generate zero-carbon heat and power.

Zap Energy

Grant in 2023
Zap Energy, Inc. is a Seattle-based company that specializes in the design and manufacture of sheared-flow stabilized Z-Pinch fusion reactors for power generation. Founded in 2017, the company focuses on developing compact and scalable fusion technology that offers low-carbon, cost-effective, and flexible energy solutions. Unlike conventional fusion methods, Zap Energy's approach utilizes electric current to create magnetic fields that confine and compress plasma, enhancing the stability and efficiency of the fusion process. This innovative technology aims to provide sustainable energy while requiring less capital investment compared to traditional fusion systems.

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.

Ecolong

Grant in 2023
Ecolong is a technology company that specializes in developing software platforms for the energy sector. Its primary focus is to reduce energy consumption and promote the use of clean energy sources. The company's innovative software employs blockchain technology to decentralize energy markets, facilitating secure, peer-to-peer transactions between customers, solar owners, and utilities. This enables more efficient energy management and access to technological benefits.

FC Renew

Grant in 2023
FC Renew develops a proprietary technology aimed at restoring degraded hydrogen fuel cells through a novel, low-cost process. This innovation enables long-life, affordable fuel cells, facilitating the adoption of hydrogen power in defense and commercial sectors.

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.

Windlift

Grant in 2023
Founded in 2006, Windlift specializes in developing airborne power generation systems. Initially serving the U.S. Department of Defense, its innovative solutions now cater to diverse industries such as disaster recovery, telecom, agriculture, mining, research, and adventure. The company's generators are lightweight, transportable, and quick to deploy, featuring advanced technologies like radar, cameras, signature management, fourth/fifth-generation mesh networks, conformal antennas, and edge computing.

BladeRunner Energy

Grant in 2023
Founded in 2014, BladeRunner Energy develops innovative hydrokinetic technology to generate reliable and clean energy from flowing water. Its scalable micro-hydro solution, BladeRunner, incorporates a proprietary rotor and flexible power takeoff configuration, enabling the generator and power electronics to be housed above water. The company focuses on serving emerging markets and remote regions with minimal infrastructure requirements.

StorEdgeAI

Grant in 2023
StorEdgeAI is developing a non-wires technology platform that will enable a point-to-point connection between renewables generation and end-use at nearly 100% utilization, while also eliminating the cost allocation and permitting issues associated with electrical transmission and distribution lines, resulting in lower cost, more flexible, and faster adoption of clean energy.

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.

EPRI

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

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.

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.

ConEdison

Grant in 2023
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.

ConEdison

Grant in 2023
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.

Sunnova Energy

Post in 2023
Sunnova Energy International Inc., established in 2012 and headquartered in Houston, Texas, specializes in providing residential solar and energy storage services across the United States. The company offers comprehensive services including operations and maintenance, monitoring, repairs, replacements, equipment upgrades, and on-site power optimization. With a customer base of approximately 80,000 and a generation capacity of around 572 megawatts, Sunnova serves customers through a network of local installation partners, ensuring affordable and reliable energy solutions.

Toledo Solar

Grant in 2023
Toledo Solar, Inc. is a manufacturer based in Perrysburg, Ohio, specializing in cadmium telluride (CdTe) thin cell solar panels. Established in 2019, the company markets its products for a range of applications, including residential, commercial, and utility-grade power generation. Toledo Solar aims to support energy independence and sustainability by offering innovative solutions such as rooftop systems, semi-transparent solar windows, skylights, sunroofs, greenhouses, and farm canopies. The company collaborates with regional partners across the United States to supply not only solar panels but also inverters, racking, and energy storage solutions, thereby helping customers reduce their carbon footprint and lower energy costs.

Equiwatt

Grant in 2023
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.

CorePower Magnetics

Grant in 2022
CorePower Magnetics specializes in the manufacture of electric components using advanced magnetic core technology. This innovation aims to enhance efficiency and power density, enabling significant reductions in weight, volume, and losses without relying on rare earth metals. The company's products cater to industries such as data centers, microgrids, electric vehicles (EVs), and EV charging infrastructure, offering higher current capabilities, lower power needs, increased range, and faster charging speeds.

EPRI

Grant in 2022
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.

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.

ICE Thermal Harvesting

Grant in 2022
ICE Thermal Harvesting, based in The Woodlands, Texas, is a pioneering company focused on providing zero-emission electric power through innovative waste heat to electricity generation technology. The company harnesses geothermal energy and utilizes a specialized process to convert waste heat from various industrial processes into emissions-free electricity. By leveraging established heat-to-power concepts, ICE Thermal Harvesting enables industrial consumers to access a consistent and reliable energy supply, contributing to a more sustainable energy landscape. The company's mission reflects a holistic approach to the global energy supply, aiming to integrate diverse energy sources for the future.

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.

Element 16 Technologies

Grant in 2021
Element 16 Technologies operates in the energy industry, specializing in high-temperature heat energy storage systems. Their innovative technology uses a molten sulfur mixture to enhance energy efficiency and reduce waste heat in cogeneration plants, thereby decreasing carbon footprint for commercial and industrial facilities.

Wright Electric

Grant in 2020
Wright Electric Inc. is a manufacturer of commercial electric airplanes, focusing on reducing costs and emissions in the aviation industry. Founded in 2016 and headquartered in Los Angeles, California, the company utilizes unique propulsion technology to create aircraft that eliminate emissions without relying on offsets. This innovation aims to make zero-emissions flight as economically viable as traditional fossil-fueled aviation, marking a significant step towards the electrification of the aerospace sector and fostering a sustainable future for air travel.

Principle Power

Grant in 2019
Principle Power is a technology company in the offshore wind sector focused on deep-water installations. It develops and markets WindFloat, a semi-submersible floating wind turbine foundation that enables offshore wind projects in transitional and deep-water sites, expanding access beyond shallow seabeds. The company serves developers, utilities, and independent power producers worldwide and is headquartered in Emeryville, California, with offices in France and Portugal.

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.

Mesodyne

Non Equity Assistance in 2018
Founded in 2018 by Drs. Veronika Stelmakh and Walker Chan, Mesodyne is a pioneering engineering and manufacturing company specializing in innovative electricity generation methods. Their patented LightCell technology converts any fuel to electricity via light, providing rugged, long-lasting, portable power for military and commercial users.

Next Energy Technologies

Grant in 2017
Next Energy Technologies specializes in transparent photovoltaic nano-coatings that enable windows to convert ultraviolet and infrared light into electricity. This innovative technology allows buildings to generate renewable energy on-site while maintaining transparency and efficiency, even in challenging lighting conditions. By integrating these coatings directly into dual-pane windows, Next Energy Technologies eliminates the need for additional encapsulation, reducing costs for clients. The company's solutions facilitate the transformation of standard windows and glass facades into effective energy producers, contributing to the advancement of net-zero energy building standards.

Next Energy Technologies

Grant in 2014
Next Energy Technologies specializes in transparent photovoltaic nano-coatings that enable windows to convert ultraviolet and infrared light into electricity. This innovative technology allows buildings to generate renewable energy on-site while maintaining transparency and efficiency, even in challenging lighting conditions. By integrating these coatings directly into dual-pane windows, Next Energy Technologies eliminates the need for additional encapsulation, reducing costs for clients. The company's solutions facilitate the transformation of standard windows and glass facades into effective energy producers, contributing to the advancement of net-zero energy building standards.

Next Energy Technologies

Grant in 2013
Next Energy Technologies specializes in transparent photovoltaic nano-coatings that enable windows to convert ultraviolet and infrared light into electricity. This innovative technology allows buildings to generate renewable energy on-site while maintaining transparency and efficiency, even in challenging lighting conditions. By integrating these coatings directly into dual-pane windows, Next Energy Technologies eliminates the need for additional encapsulation, reducing costs for clients. The company's solutions facilitate the transformation of standard windows and glass facades into effective energy producers, contributing to the advancement of net-zero energy building standards.

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.

Clean Energy Systems

Venture Round in 2010
Clean Energy Systems, based in Rancho Cordova, California, focuses on the development of zero-emissions commercial power plants that employ an oxy-fuel combustion process. This innovative technology utilizes oxygen and various fuels to generate power, yielding only water and carbon dioxide as byproducts, effectively eliminating atmospheric emissions. The company holds a significant portfolio of patents and operates a power plant in Bakersfield, California, which serves as a facility for further advancements in its oxy-fuel technology. By promoting the adoption of zero-emission power plants, Clean Energy Systems aims to set a new standard in environmentally friendly power generation.

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.

Resolute Marine

Grant in 2009
Resolute Marine Energy, Inc., established in 2007 and headquartered in Boston, Massachusetts, specializes in developing wave energy converters. These devices harness the power of ocean waves to generate clean electricity and transport seawater for on-shore desalination, producing drinkable water. The company's technology caters to off-grid areas, serving applications such as open-ocean aquaculture, seawater desalination, and ocean observation systems. Resolute Marine Energy has received support from the U.S. Department of Energy and was recognized as the 2010 winner of the Global Entrepreneurship Week's Startup Open competition.

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.

A123 Systems

Grant in 2009
A123 Systems is a manufacturer of rechargeable lithium-ion batteries and battery systems, specializing in efficient power supply solutions for electronic devices. The company leverages advanced nanoscale materials, particularly its proprietary Nanophosphate electrode technology, which offers significant advantages in performance and cost. A123's cell and electrode designs result in lower costs per watt and watt-hour, while providing higher voltage compared to traditional long-life systems. This technology also contributes to a longer battery life, reducing overall lifecycle and system costs, thereby enhancing price-performance for clients. A123 Systems competes with other industry players such as Valence, Saft, and Lion Cells.

Realta Fusion

Realta Fusion develops fusion energy technology for industrial heat and power production. It combines advancements in superconducting materials, plasma physics, and computing power in a simple linear fusion reactor design, utilizing abundant fuel sources to generate zero-carbon heat and power.
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