Astronergy Valuation, Funding & Investors

Chint New Energy is a Shanghai-headquartered clean energy arm of Chint Group that handles photovoltaic project development, engineering procurement construction, and operations maintenance for solar and wind farms across Asia, Europe, and the Americas.

Henan Yicheng New Energy Co Ltd is engaged in the production of solar crustal wafer cutting blade, recycling of waste mortar, solar power station construction, production and sales of negative electrode materials, and production and sales of monocrystalline silicon cells.

Mainspring Energy is a San Francisco-headquartered clean energy company manufacturing linear generators that convert natural gas, hydrogen, and biogas into electricity at 50% efficiency. Its modular systems provide onsite power for data centers, factories, and utilities, emitting 70% less CO2 than reciprocating engines. Emerging from stealth in 2022, the firm raised $300 million to scale production in Menlo Park.

Power Solutions International Inc is an America-based company that manufactures, distributes, and services power systems that run on nondiesel fuels, including natural gas, propane, and gasoline. The company's products are designed to meet emission standards imposed by environmental regulatory bodies like the Environmental Protection Agency. Its products are distributed to a wide range of industrial original equipment manufacturers that supply equipment to sectors including power generation, oil and gas, material handling, airport ground support, agricultural, turf, construction and irrigation. The company generates majority of its sales from United States.

Electric Hydrogen is a Natick-headquartered producer of electrolyzers for green hydrogen generation. The company develops single-stack systems delivering 20 tons per day at under $2 per kilogram, targeting ammonia, steel, and refining sectors. Electric Hydrogen raised $380 million in 2023, with pilots at Chevron facilities and partnerships for gigawatt-scale deployments.

Ohmium is a manufacturer of proton exchange membrane electrolyzers for green hydrogen production. The Hyderabad-based company produces standardized modular stacks generating high-purity hydrogen at pressures up to 30 bar, scalable from 1.25 MW to multi-gigawatt plants. Ohmium's technology features advanced membrane durability and low iridium loading, deployed in projects across India, the United States, and Europe. Partnered with Invenergy for utility-scale facilities, the firm supports industrial off-takers in ammonia and methanol synthesis.

Palmetto is a New York City-headquartered clean energy company financing and installing solar panels, battery storage, EV chargers, and heat pumps for over 100,000 U.S. homes and businesses. Launched in 2017 from Charleston, South Carolina, it raised $1.5 billion in funding by 2023 and partners with retailers like Lowe's and wholesalers to distribute its financing platform nationwide. The firm integrates software for energy monitoring and offers leases with zero upfront costs.

Span is a smart home energy management company producing intelligent electrical panels. Its devices enable circuit-level monitoring, EV charging scheduling, and solar integration via app controls. Installed in residences across California, Span panels distribute power dynamically during outages. San Francisco-headquartered, the firm partners with Tesla Powerwall and Generac generators.

Turntide Technologies is a developer of high-efficiency switched reluctance motors and cloud-managed systems for buildings, agriculture, and electric vehicles. Headquartered in Sunnyvale, California, since its founding in 2018, the company targets the replacement of inefficient legacy motors responsible for significant global electricity waste. Its products include the SR motor line, deployed in HVAC systems and pumps worldwide.

Twelve is a carbon transformation company that converts captured CO2 into chemicals, fuels, and materials through advanced electrocatalysis and electrochemical processes, replacing fossil fuel-derived products while eliminating emissions. Based in the San Francisco Bay Area, it collaborates with industrial partners on sustainable manufacturing.

Al-Babtain Power & Telecommunication Co provides solutions for power and telecommunications infrastructure. The company's activity involves establishing and repairing stations and towers of wired and wireless communication and radars. Its operating segment involves the Towers and metal structures sector which includes the production of power transmission towers, galvanized communication towers and their tests, and galvanized steel structures; Poles and lighting which include the production and galvanization of electricity and lighting poles, masts, and their accessories; Design, supply, and installation sector which includes the work of supplying, installing, and maintaining communication systems; Solar energy sector and Headquarters.

Ceres Power Holdings PLC is a UK- based technology solutions provider. It is one of the developers of clean energy technology, fuel cells for power generation, and electrolysers for green hydrogen. Its SteelCell technology uses the existing infrastructure of mains natural gas & is manufactured using commodity materials, such as steel. It mainly caters to the automotive industry. Among its other markets are transportation, commercial, & light industrial sectors. The group established a technology position in solid oxide fuel cell (SOFC) power systems and developed solid oxide electrolysis (SOEC) to demonstrate it at a megawatt scale.

Babcock & Wilcox Enterprises Inc is a power generation equipment supplier and servicing company that operates in three segments: B&W Renewable, B&W Environmental, and B&W Thermal. B&W Thermal, focuses on steam generation products and solutions for plants in the power generation, oil, and gas, and industrial sectors, generates the majority of the company’s revenue. B&W Renewable focuses on sustainable power and heat generation while B&W Environmental focuses on emissions control. The company’s customer base spans the industrial, electrical utility, and municipal industries located predominantly in the United States, Canada, Denmark, the United Kingdom, and other regions. Business in the U.S. contributes the vast majority of its revenue.

Fullcryo is a Chinese engineering firm specializing in helium extraction from natural gas, hydrogen liquefaction, and liquefied hydrogen storage systems. Its cryogenic technologies serve energy and industrial gas sectors, enabling efficient processing of rare gases and clean energy fuels.

Changgao Electric Group Co Ltd is engaged in power equipment manufacturing, engineering services, new energy vehicle operation, and power trading operations. The products of the company include gas insulated metal enclosed switchgear, tank circuit breaker, and combined substation.

Han Hydropower is a Shanghai-based engineering firm focused on hydroelectric turbine systems and hydrogen energy integration. Established in 2005, the company develops axial-flow and bulb turbines for low-head rivers, with installations generating over 500 MW across China and Southeast Asia. Han Hydropower researches hybrid power plants combining hydro with fuel cells for off-grid applications.

SP New Energy Corp is a renewable energy power generation company. The primary purpose is to construct, erect, assemble, commission, operate, and maintain power-generating plants, warehouses, terminals, and related facilities for the conversion of renewable energy into a usable form fit for electricity generation and distribution.

Forum Energy Technologies Inc is a products company, serving the oil, natural gas, industrial and renewable energy industries. The company designs, manufactures, and distributes products and engages in aftermarket parts supply and services that complement its product offering. Its products include engineered capital equipment, as well as products that are consumed in the drilling, well construction, production, and transportation of oil and natural gas. It operates in two reporting segments, namely Drilling and Completions and Artificial Lift and Downhole. Revenue largely comes from Artificial Lift and Downhole segment.