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.

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.

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.

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.

View is a Milpitas-headquartered developer of smart building technologies, featuring View Smart Windows that use artificial intelligence to tint automatically based on sunlight. Installed across over 90 million square feet in offices, hospitals, airports, educational facilities, hotels, and multifamily residences, the system boosts natural light, cuts energy use by reducing HVAC demands, and lowers carbon emissions. Each deployment includes a cloud-based platform for occupant experience enhancements.

thyssenkrupp nucera AG & Co is a high-tech company providing electrolysis solutions that support industrial decarbonization and sustainable production. It offers green hydrogen solutions through large-scale water electrolysis, as well as chlor-alkali and hydrochloric acid solutions for the chemical industry and technologies for emerging industrial ecosystems. The business operates through two main segments: Green Hydrogen, which delivers technologies for producing chlorine, caustic soda, and renewable hydrogen at an industrial scale. Both segments are supported by services including engineering, commissioning, maintenance, modernization, spare parts supply, and digital solutions to ensure reliable plant operation throughout the lifecycle.

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.

Transformers & Rectifiers (India) manufactures power and distribution transformers, furnace transformers and rectifier transformers. Customers are state utilities, power transmission companies, renewable developers and industrial users. It runs plants in Gujarat and is headquartered in Ahmedabad.

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.

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.

Quality Power Electrical Equipments Ltd is an Indian player serving clients in critical energy transition equipment and power technologies. The company provides high-voltage electrical equipment and solutions for electrical grid connectivity and energy transition. It is a technology-driven company specializing in the provision of power products and solutions across power generation, transmission, distribution, and automation sectors. Additionally, it offers equipment and solutions tailored for emerging applications such as large-scale renewables. The company is among the few manufacturers of critical high-voltage equipment for High Voltage Direct Current (HVDC) and Flexible AC Transmission Systems (FACTS) networks.

American Superconductor Corp generates the ideas, technologies, and solutions that meet the world's demand for smarter, cleaner, and energy. Through its Windtec Solutions, the company enables manufacturers to launch wind turbines quickly, effectively, and profitably. Through its Gridtec Solutions, the company provides engineering planning services and grid systems that optimize network reliability, efficiency, and performance. The company's segment includes Grid and Wind. It generates maximum revenue from the Grid segment.

Rolls-Royce SMR is a developer of factory-built small modular nuclear-reactor power plants and associated engineering systems. The organization serves B2B, B2G customers and counterparties through the operating assets, products, or financial capabilities described in the cited transaction materials. Its principal economics are Product sales, Services, while its competitive position depends on sector expertise, asset quality, customer relationships, execution, and disciplined capital allocation. The business was founded in 2021 and is headquartered in Manchester. QIA’s 2021 investment supported design maturation, regulatory assessment, supply-chain development, and deployment planning. The profile reflects the legal or operating business at the transaction date, including its historical identity where a subsequent listing, merger, privatization, disposal, or reorganization changed its name or ownership.