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

Past deals in Natural Resources

TEVERRA

Grant in 2025
TEVERRA is a clean energy technology company that provides innovative subsurface solutions aimed at optimizing carbon storage, energy storage, and geothermal operations. The company focuses on converting oil and gas assets into geothermal resources and offers a range of services including subsurface thermal energy storage, geothermal systems, and power plant design. Additionally, TEVERRA specializes in subsurface monitoring, visualization, and control for both geothermal and oil and gas sectors. By developing advanced technology and implementing international projects, TEVERRA supports the transition to a low-carbon and sustainable energy mix.

Ioneer

Post in 2025
Ioneer Ltd is a mineral exploration company based in North Sydney, Australia, primarily engaged in the development of its wholly owned Rhyolite Ridge Lithium-Boron Project located in Nevada, USA. With a focus on creating a sustainable future, Ioneer aims to establish a domestic source of lithium and boron, two critical materials for various applications, including renewable energy technologies. The company emphasizes environmentally and socially responsible extraction methods to align with its vision of sustainability. Since its incorporation in 2001, Ioneer has evolved from its previous identity as Global Geoscience Limited, reflecting its commitment to advancing the mining sector while addressing modern environmental challenges.

Hydrostor

Debt Financing in 2025
Hydrostor Inc. is a company based in Toronto, Canada, that specializes in developing and operating compressed air energy storage systems. Founded in 2010, Hydrostor's technology offers a solution for addressing the electricity system's needs for dispatchable capacity and renewable energy integration. The company's systems provide long-duration, emission-free energy storage, capable of delivering hundreds of megawatts for 4 to 24 hours, making them suitable for both behind-the-meter applications and remote operations, particularly in mines and large industrial facilities. Hydrostor's approach also allows for the repurposing of retired fossil fuel plants and utilizes existing mining infrastructure. The company serves clients primarily in the United States, Australia, and Canada, and has established a strategic partnership with AECOM to enhance its service offerings.

Hempitecture

Grant in 2024
Hempitecture is based in Idaho and focuses on developing sustainable building materials and systems that promote energy efficiency and environmental health. The company manufactures a variety of hemp-based products designed for construction, aiming to foster sustainable and healthy building practices. In addition to its primary offerings, Hempitecture produces natural fiber materials for ancillary industries, including cold chain packaging. By prioritizing environmentally friendly practices, the company enables customers to enjoy both health benefits and reduced energy consumption.

Interlune

Grant in 2024
Interlune is a pioneering space resource company that specializes in extracting valuable materials from space to support both terrestrial and extraterrestrial economies. The company has developed innovative machinery and processes to identify and harvest natural resources in space, with a focus on rare elements like Helium-3. By doing so, Interlune aims to facilitate a clean and sustainable future on Earth while also fostering the growth of an in-space economy.

Standard Lithium

Grant in 2024
Standard Lithium is a lithium producer focused on the exploration and development of lithium brine properties in the United States. The company aims to unlock the value of large-scale lithium-bearing brine resources, particularly through its Arkansas Lithium Project located in south-central Arkansas, along with other projects such as the Lanxess Project, Tetra Project, and Bristol Dry Lake Project. By employing a disciplined strategy, Standard Lithium seeks to minimize risks associated with resource availability, political factors, and regulatory permitting, while also leveraging advancements in lithium extraction technologies. This approach positions the company to rapidly develop new production capabilities and contribute to the growing demand for lithium in various applications.

South32 Hermosa

Grant in 2024
South32's Hermosa project is the only advanced mine development project in the United States which could produce two federally recognized important minerals—manganese and zinc, both of which are essential minerals for powering the nation's clean energy future.

Blue Whale Materials

Grant in 2024
Blue Whale Materials specializes in the recycling of lithium-ion batteries, focusing on the safe reclamation and responsible supply of critical materials such as cobalt, nickel, and lithium. Utilizing proprietary technology and processes, the company efficiently recycles spent batteries to produce recycled products that can be used in the manufacturing of new battery components. This approach not only contributes to a sustainable supply chain but also aims to reduce dependence on traditional mining operations. By addressing the growing demand for materials necessary for the electrified economy, Blue Whale Materials plays a vital role in promoting environmental sustainability and securing domestic resources.

Cleveland Cliffs

Grant in 2024
Cleveland-Cliffs is a Cleveland, Ohio-based company specializing in the mining and processing of iron ore and coal, while also being a prominent producer of flat-rolled steel products in North America. The company operates through various segments, primarily focused on steelmaking, and is vertically integrated, managing the entire supply chain from raw materials to finished steel products. Its operations are organized by product type and geographic location, including U.S. Iron Ore, Eastern Canadian Iron Ore, Asia Pacific Iron Ore, and North American Coal. Cleveland-Cliffs serves a diverse range of markets with a comprehensive portfolio of offerings, operating primarily in the United States, Canada, and select international locations.

Lithium Americas

Post in 2024
Lithium Americas is a resource company focused on the exploration and evaluation of lithium deposits, primarily in the United States and South America. The company holds significant interests in two major projects: the Cauchari-Olaroz Lithium Project in Jujuy province, Argentina, which spans approximately 81,000 hectares, and the Thacker Pass lithium project located in Humboldt County, Nevada. Additionally, Lithium Americas has rights over around 161,000 hectares across five salt lakes in the Jujuy and Salta provinces of Argentina. Originally incorporated in 2007 and formerly known as Western Lithium USA Corporation, the company rebranded to Lithium Americas in 2016 and is currently headquartered in Vancouver, Canada.

Eden

Grant in 2024
Eden is focused on developing a sustainable platform for natural resource recovery, aiming to create a carbon-neutral future. The company has introduced a novel method known as Pulsed Electrical Well Stimulation (PEWS), which is a patent-pending technology designed to replace traditional hydraulic fracturing. This innovative approach eliminates the need for water injection and addresses the logistical challenges and environmental risks associated with conventional fracking methods. By utilizing high-voltage electricity and proprietary modeling techniques, Eden enhances rock permeability with precision, facilitating effective resource extraction across various geological settings. This technology not only reduces costs but also minimizes the negative impacts typically associated with hydraulic fracturing, positioning Eden as a leader in environmentally responsible resource recovery.

Subsurface Insights

Grant in 2024
Subsurface Insights is a geophysical research and development company.

Subsurface Insights

Grant in 2023
Subsurface Insights is a geophysical research and development company.

New England Research

Grant in 2023
New England Research is a testing company that specializes in the measurement and analysis of rock properties for the energy industry.

Rainier Veneer

Grant in 2023
Rainier Veneer is a softwood veneer mill that produces hydraulic wood fiber mulch.

Gulf of Maine Research Institute

Grant in 2023
GMRI is a neutral, nonprofit organization that catalyzes solutions to the complex challenges of ocean stewardship and economic growth in the Gulf of Maine bioregion. Based in Portland, Maine, GMRI utilizes a dynamic fusion of science, education, and community to affect change from multiple directions while remaining committed to its core principles of objectivity and collaboration.

Bat Conservation International

Grant in 2023
Conserving the world's bats and their ecosystems to ensure a healthy planet

Innowatts

Grant in 2023
Innowatts, Inc. is a Houston-based company founded in 2013 that specializes in software solutions for energy management. The company develops the PowerEASE platform, which focuses on load forecasting, energy risk optimization, and infrastructure planning. Innowatts leverages advanced data analytics and machine learning to assist energy retailers and utility companies in managing their operations effectively. Its eUtility technology platform utilizes data from over 34 million meters to enhance grid reliability and profitability while promoting sustainability. The company's customer base includes retail energy providers, regulated utility companies, regulatory boards, and residential communities, all benefiting from Innowatts' insights to improve customer relationships and adapt to the evolving energy landscape.

California Resources

Grant in 2023
California Resources Corporation is an independent oil and natural gas exploration and production company based in Santa Clarita, California, focused exclusively on operations within the state. The company manages approximately 2.1 million net acres of mineral acreage and has net proved reserves totaling 644 million barrels of oil equivalent. California Resources emphasizes low-carbon intensity production, making it one of the leaders in this regard in the United States. The company is committed to energy transition and aims to enhance the quality of life for Californians by providing affordable and reliable energy. In addition to its core exploration and production activities, California Resources is developing carbon capture and storage (CCS) and other emission-reduction projects, thereby maximizing the value of its resources while contributing to decarbonization efforts.

Resilient Analytics

Grant in 2023
Resilient Analytics is a company focused on providing environmental research and analysis services to help organizations and communities address the impacts of climate change. Utilizing a combination of climate, engineering, and economic modeling, the company offers a range of services, including vulnerability assessments, adaptation strategies, cost-benefit analyses, and risk management. A notable feature of their service portfolio is the Infrastructure Planning Support System (IPSS), which aids in resilience planning by performing specific functions tailored to climate adaptation. Resilient Analytics has collaborated with over 50 countries and various entities, from local governments to international organizations, to identify climate change impacts and develop actionable plans for adaptation, ultimately enabling clients to better understand and manage climate-related risks.

TEVERRA

Grant in 2023
TEVERRA is a clean energy technology company that provides innovative subsurface solutions aimed at optimizing carbon storage, energy storage, and geothermal operations. The company focuses on converting oil and gas assets into geothermal resources and offers a range of services including subsurface thermal energy storage, geothermal systems, and power plant design. Additionally, TEVERRA specializes in subsurface monitoring, visualization, and control for both geothermal and oil and gas sectors. By developing advanced technology and implementing international projects, TEVERRA supports the transition to a low-carbon and sustainable energy mix.

Algenesis

Grant in 2023
Algenesis is a material science and technology company based in San Diego, California, founded in 2016. The company focuses on producing renewable polyurethanes derived from algae and non-food plant oils, aiming to combat pollution associated with fossil fuel-based products. Algenesis develops biodegradable polyurethane foam products, including soft foams for footwear and hard foams for surfboards. By partnering with various companies, Algenesis seeks to address the global plastic pollution crisis through innovative material redesign, promoting environmentally friendly alternatives to conventional plastics.

Ioneer

Post in 2023
Ioneer Ltd is a mineral exploration company based in North Sydney, Australia, primarily engaged in the development of its wholly owned Rhyolite Ridge Lithium-Boron Project located in Nevada, USA. With a focus on creating a sustainable future, Ioneer aims to establish a domestic source of lithium and boron, two critical materials for various applications, including renewable energy technologies. The company emphasizes environmentally and socially responsible extraction methods to align with its vision of sustainability. Since its incorporation in 2001, Ioneer has evolved from its previous identity as Global Geoscience Limited, reflecting its commitment to advancing the mining sector while addressing modern environmental challenges.

Syrah Resources

Grant in 2022
Syrah Resources Limited is an Australian resource company focused on the exploration, evaluation, and development of mineral properties, primarily in Mozambique. The company's flagship project is the Balama graphite and vanadium project, located in the Cabo Delgado province. Through its Balama segment, Syrah Resources produces and sells natural flake graphite, which is distributed globally to various markets, including Europe, China, India, and the Americas. In addition to flake graphite, the company has developed a downstream strategy to produce natural spherical graphite, utilized in anodes for lithium-ion batteries and recarburiser products for steelmaking and other industrial applications. Founded in 2007, Syrah Resources is headquartered in Melbourne, Australia.

Albemarle

Grant in 2022
Albemarle Corporation is a prominent developer, manufacturer, and marketer of specialty chemicals, serving diverse end markets such as petroleum refining, consumer electronics, plastics, construction, automotive, pharmaceuticals, and agriculture. The company operates in three main segments: Polymer Solutions, Catalysts, and Fine Chemistry, and has established a global presence with 50 facilities across North and South America, Europe, the Middle East, Asia, Africa, and Australia. Albemarle is recognized as one of the largest lithium producers in the world, primarily supplying lithium for battery applications, particularly in electric vehicles. Its integrated lithium production includes upstream resources from salt brine deposits and hard rock mines, along with lithium refining plants located in multiple countries. In addition to its lithium operations, Albemarle is a leading producer of bromine, widely used in flame retardants, and oil refining catalysts, catering to approximately 3,000 customers in over 100 countries.

TEVERRA

Grant in 2022
TEVERRA is a clean energy technology company that provides innovative subsurface solutions aimed at optimizing carbon storage, energy storage, and geothermal operations. The company focuses on converting oil and gas assets into geothermal resources and offers a range of services including subsurface thermal energy storage, geothermal systems, and power plant design. Additionally, TEVERRA specializes in subsurface monitoring, visualization, and control for both geothermal and oil and gas sectors. By developing advanced technology and implementing international projects, TEVERRA supports the transition to a low-carbon and sustainable energy mix.

TEVERRA

Grant in 2022
TEVERRA is a clean energy technology company that provides innovative subsurface solutions aimed at optimizing carbon storage, energy storage, and geothermal operations. The company focuses on converting oil and gas assets into geothermal resources and offers a range of services including subsurface thermal energy storage, geothermal systems, and power plant design. Additionally, TEVERRA specializes in subsurface monitoring, visualization, and control for both geothermal and oil and gas sectors. By developing advanced technology and implementing international projects, TEVERRA supports the transition to a low-carbon and sustainable energy mix.

Syrah Resources

Post in 2022
Syrah Resources Limited is an Australian resource company focused on the exploration, evaluation, and development of mineral properties, primarily in Mozambique. The company's flagship project is the Balama graphite and vanadium project, located in the Cabo Delgado province. Through its Balama segment, Syrah Resources produces and sells natural flake graphite, which is distributed globally to various markets, including Europe, China, India, and the Americas. In addition to flake graphite, the company has developed a downstream strategy to produce natural spherical graphite, utilized in anodes for lithium-ion batteries and recarburiser products for steelmaking and other industrial applications. Founded in 2007, Syrah Resources is headquartered in Melbourne, Australia.

Integral Consulting

Grant in 2022
Integral Consulting is a firm that offers technical expertise, strategic planning, and project management services to help clients navigate complex challenges in an evolving environment. The company specializes in environmental consulting, providing science, engineering, and technology-driven solutions tailored to address issues related to environmental, health, economic, and natural resource challenges. Integral Consulting is committed to delivering innovative and cost-effective strategies that enable clients to make informed decisions, manage risks effectively, and identify optimal solutions. Additionally, the firm provides support in areas such as agency negotiations, technical peer review, and expert witness services for litigation, ensuring that clients are equipped to achieve their objectives efficiently.

Geothermix

Grant in 2022
Geothermix is to increase heat recovery from geothermal resources by an order of magnitude or more through the application of horizontal wells and novel well-completion methods.

TEVERRA

Grant in 2022
TEVERRA is a clean energy technology company that provides innovative subsurface solutions aimed at optimizing carbon storage, energy storage, and geothermal operations. The company focuses on converting oil and gas assets into geothermal resources and offers a range of services including subsurface thermal energy storage, geothermal systems, and power plant design. Additionally, TEVERRA specializes in subsurface monitoring, visualization, and control for both geothermal and oil and gas sectors. By developing advanced technology and implementing international projects, TEVERRA supports the transition to a low-carbon and sustainable energy mix.

Rare Element Resources

Grant in 2021
Rare Element Resources is a mineral resource company dedicated to the exploration and development of rare-earth element deposits, particularly those with a favorable distribution of critical rare earth elements. The company's primary focus is on advancing the Bear Lodge Critical Rare Earth Project, located in northeast Wyoming, which it wholly owns. Established in 1999, Rare Element Resources aims to supply strategic materials essential for various technology industries. The company operates solely in the exploration of mineral properties, emphasizing its commitment to developing resources that are increasingly important in modern technological applications.

Summit Natural Gas of Maine

Grant in 2021
Summit Natural Gas of Maine, Inc. operates as a natural gas distributor.

TEVERRA

Grant in 2021
TEVERRA is a clean energy technology company that provides innovative subsurface solutions aimed at optimizing carbon storage, energy storage, and geothermal operations. The company focuses on converting oil and gas assets into geothermal resources and offers a range of services including subsurface thermal energy storage, geothermal systems, and power plant design. Additionally, TEVERRA specializes in subsurface monitoring, visualization, and control for both geothermal and oil and gas sectors. By developing advanced technology and implementing international projects, TEVERRA supports the transition to a low-carbon and sustainable energy mix.

Gopher Resource

Grant in 2019
Gopher Resource LLC is an environmental solutions provider specializing in the recycling of lead-based batteries and other hazardous household waste. Established in 1946 and headquartered in Eagan, Minnesota, with an additional facility in Tampa, Florida, the company employs advanced technology and sustainable practices to process lead-acid batteries and various recyclable materials, including plastics, metals, and electronics. Gopher Resource is committed to environmental sustainability and safety, achieving recognition for its high standards in these areas. The company’s operations focus on producing refined lead primarily for use in automotive and industrial batteries, while also recycling a diverse range of materials such as aerosols, paints, and scrap metal. Through its efforts, Gopher Resource aims to protect natural resources and foster continuous improvement, ensuring a safer, more sustainable future for its clients and the environment.

AFINGEN®

Grant in 2019
As the world's population reaches 9.7 billion in the year 2050, global crop production will need to double to meet the projected demands for food, feed, fiber, and fuel. AFINGEN® develops novel biotechnology platforms for crops to grow faster and healthier and meet the natural resource demand in new sustainable manners.

AFINGEN®

Grant in 2019
As the world's population reaches 9.7 billion in the year 2050, global crop production will need to double to meet the projected demands for food, feed, fiber, and fuel. AFINGEN® develops novel biotechnology platforms for crops to grow faster and healthier and meet the natural resource demand in new sustainable manners.

AFINGEN®

Grant in 2016
As the world's population reaches 9.7 billion in the year 2050, global crop production will need to double to meet the projected demands for food, feed, fiber, and fuel. AFINGEN® develops novel biotechnology platforms for crops to grow faster and healthier and meet the natural resource demand in new sustainable manners.

Foro Energy

Grant in 2009
Foro Energy, Inc. specializes in the development and commercialization of high power laser technology aimed at the oil, natural gas, geothermal, and mining industries. Based in Houston, Texas, the company manufactures advanced laser systems that facilitate drilling and servicing energy wells. Its innovative technology utilizes Stimulated Brillouin Scattering to enhance laser transmission through fiber optic cables, allowing for efficient operation over long distances. Foro Energy also provides a range of supporting components, including optical slip rings and downhole connectors, which are designed to withstand harsh conditions and enable effective energy transfer. Founded in 2008, the company is focused on harnessing laser technology to improve access to geothermal energy and optimize drilling processes in challenging environments.
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