Vestas is a global leader in sustainable energy, specializing in the design, manufacture, installation, and servicing of wind turbines. With a commitment to enhancing the role of wind power in the energy mix, Vestas has installed over 38,000 wind turbines across 63 countries on five continents, averaging one installation every three hours. The company emphasizes the importance of wind energy in addressing rising energy consumption while minimizing greenhouse gas emissions and pollution. Vestas envisions a future where wind power significantly contributes to global electricity production, aiming for a substantial increase beyond the anticipated 10% by 2020. Through its dedicated focus on wind energy, Vestas is not only fostering local job creation but also promoting the sustainable electrification of societies worldwide.
Modvion AB, founded in 2015 and based in Gothenburg, Sweden, specializes in the design and development of modular wind power towers constructed from renewable composite materials. The company's innovative modular technology simplifies construction logistics by facilitating transportation and installation of towers over 120 meters tall. This approach not only reduces costs associated with traditional steel tower construction but also enhances efficiency in harnessing wind energy. By leveraging engineered wood products, Modvion aims to improve the economic viability of wind power investments for power plant construction businesses, ultimately contributing to a more sustainable energy landscape.
Hysata
Series B in 2024
Hysata is focused on developing an innovative hydrogen electrolyzer system designed to facilitate the transition from fossil fuels to green hydrogen. The company's technology aims to significantly reduce the cost of green hydrogen production to below $2 per kilogram, thereby promoting a faster shift towards net-zero emissions. Based on pioneering research from Professor Gerry Swiegers at the University of Wollongong's ARC Centre of Excellence for Electromaterials Science, Hysata's electrolyzers efficiently utilize electricity to split water into hydrogen and oxygen through electrolysis. This advancement not only addresses the growing energy demand but also supports companies in their efforts to achieve sustainability goals.
Uravu Labs
Seed Round in 2023
Uravu Labs, founded in 2017 in Bangalore, Karnataka, is focused on addressing water scarcity through innovative renewable water technology. The company has developed a patent-pending solar adsorption reactor that extracts moisture from the atmosphere, particularly at night, and uses solar energy to release high-quality drinking water during the day. This technology aims to provide sustainable solutions for communities facing water crises by generating several liters of potable water daily. Uravu Labs is committed to fostering resilience and sustainability in human life and communities, recognizing the urgent need for innovation within the water industry.
Modvion
Convertible Note in 2023
Modvion AB, founded in 2015 and based in Gothenburg, Sweden, specializes in the design and development of modular wind power towers constructed from renewable composite materials. The company's innovative modular technology simplifies construction logistics by facilitating transportation and installation of towers over 120 meters tall. This approach not only reduces costs associated with traditional steel tower construction but also enhances efficiency in harnessing wind energy. By leveraging engineered wood products, Modvion aims to improve the economic viability of wind power investments for power plant construction businesses, ultimately contributing to a more sustainable energy landscape.
Hysata
Series A in 2022
Hysata is focused on developing an innovative hydrogen electrolyzer system designed to facilitate the transition from fossil fuels to green hydrogen. The company's technology aims to significantly reduce the cost of green hydrogen production to below $2 per kilogram, thereby promoting a faster shift towards net-zero emissions. Based on pioneering research from Professor Gerry Swiegers at the University of Wollongong's ARC Centre of Excellence for Electromaterials Science, Hysata's electrolyzers efficiently utilize electricity to split water into hydrogen and oxygen through electrolysis. This advancement not only addresses the growing energy demand but also supports companies in their efforts to achieve sustainability goals.
Modvion
Venture Round in 2021
Modvion AB, founded in 2015 and based in Gothenburg, Sweden, specializes in the design and development of modular wind power towers constructed from renewable composite materials. The company's innovative modular technology simplifies construction logistics by facilitating transportation and installation of towers over 120 meters tall. This approach not only reduces costs associated with traditional steel tower construction but also enhances efficiency in harnessing wind energy. By leveraging engineered wood products, Modvion aims to improve the economic viability of wind power investments for power plant construction businesses, ultimately contributing to a more sustainable energy landscape.
Copenhagen Infrastructure V
Corporate Round in 2020
Copenhagen Infrastructure Partners is a multinational firm established in 2012, specializing in investments in regulated infrastructure and renewable energy sectors across Europe, Asia, and North America. The company is composed of a team with extensive experience and expertise in corporate finance, mergers and acquisitions, engineering, project development, and project management. The partners at Copenhagen Infrastructure Partners have held significant management roles in major energy companies, including DONG Energy, and possess a deep understanding of the energy landscape. Their collective background enables the firm to effectively manage large-scale energy projects, ensuring successful construction and operational outcomes.
SoWiTec Group
Corporate Round in 2019
SOWITEC group GmbH, founded in 1993 and headquartered in Sonnenbühl, Germany, specializes in the development of renewable energy projects, particularly wind and solar power. The company engages in all phases of project development, including planning, conception, energy and profitability calculations, construction management, sales, and financing. Additionally, SOWITEC manages the technical and commercial operations of wind and solar parks, aiming to make clean and affordable energy accessible worldwide. Through its comprehensive approach, SOWITEC plays a significant role in advancing renewable energy initiatives globally.
Utopus Insights
Acquisition in 2018
Utopus Insights Incorporated, founded in 2016 and based in Valhalla, New York, specializes in software and analytics tools tailored for the renewable energy sector. As a subsidiary of Vestas Wind Systems A/S, the company leverages over 15 years of experience in developing innovative digital products, boasting a portfolio of more than 30 patents. Utopus Insights provides advanced energy analytics services designed for renewable asset farm owners, operators, and power traders. Their platform utilizes deep analytics to transform data into actionable insights, helping clients achieve reliable, clean, and cost-effective energy solutions. The team comprises experts in data science, analytics, power engineering, energy software development, and meteorology, ensuring a comprehensive approach to energy analytics.
Ogin
Acquisition in 2017
Ogin Inc., based in Waltham, Massachusetts, specializes in the design, manufacture, and construction of innovative wind turbines, particularly focusing on shrouded turbine technology. This advanced design employs a mixer/ejector system, enhancing aerodynamic efficiency and increasing energy production compared to conventional turbines. Ogin's products are used in lower-voltage distribution grids and cater to wind farm developers, industrial operators, and utility companies both in the United States and internationally. The company's technology aims to reduce the cost of wind energy, expand its applicability in areas with lower wind speeds, and maximize land utilization while minimizing environmental impact. Founded in 2007 and formerly known as FloDesign Wind Turbine Corporation, Ogin operates as a subsidiary of FloDesign Inc.
UpWind Solutions
Acquisition in 2015
UpWind Solutions, Inc. is a leading independent service provider for wind farm operations and maintenance in North America, established in 2007 and headquartered in San Diego, California. The company specializes in a comprehensive range of services including maintenance operations, condition-based monitoring, and engineering support. It offers essential components such as consumables and mechanical parts, along with technical support services like inspections and asset management. UpWind Solutions also provides construction-related services, including project performance oversight and quality assurance. By delivering advanced engineering solutions and a commitment to high standards of service, UpWind Solutions has positioned itself as a collaborative and transparent partner for wind farm owners, enabling them to optimize the performance and reliability of their assets.
OCAS AS
Acquisition in 2011
Offers radar technology that enables intelligent use of aviation lights on obstacles such as wind turbines.
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