Lunar Energy Valuation, Funding & Investors

Battery Smart is a Delhi-headquartered network operating over 1,000 battery swapping stations for electric two-wheelers and three-wheelers across 35 Indian cities. Founded in 2019, it deploys interoperable 48V lithium-ion twin battery packs compatible with Bajaj, Piaggio, and Mahindra e-rickshaws, enabling 60-kilometer range per swap.

Xingchen New Energy is a producer of all-vanadium redox flow energy storage systems, encompassing electrolytes, membrane electrode assemblies, core components, and full systems. The firm delivers safer, high-performance storage options for grid-scale and industrial applications via sne.tech.

Silicon Ranch is a Nashville-headquartered developer and operator of solar power plants across the United States. The company manages a portfolio exceeding 3.6 gigawatts of solar and battery storage capacity in states like Tennessee, Texas, and California. Acquired by Shell in 2021, Silicon Ranch implements agrivoltaics through its Regenerative Energy program, combining energy production with sheep grazing and habitat restoration on project sites.

Energy Vault Holdings Inc is a diversified portfolio of energy storage solutions to third parties, including proprietary gravity, battery, and green hydrogen-based technologies, supported by technology-agnostic energy management software and integration capabilities. Geographical presence in the United States, Australia, and other countries. The majority of its revenue comes from Australia.

Hyliion Holdings Corp provides solutions that enable clean, flexible, and affordable electricity production. The Company focuses on delivering distributed power generators that can operate on various fuel sources to future-proof against an ever-changing energy economy. It is initially targeting the commercial and waste management industries with a locally deployable generator that can offer prime power as well as energy arbitrage opportunities. In addition to stationary power solutions, it focuses on mobile applications, including vehicles and marine technologies.

Exeger Sweden AB is a Stockholm-based developer of Powerfoyle solar cell technology for ambient light energy harvesting. The thin-film cells power wearables, consumer electronics, and IoT devices indoors and outdoors, powering products from Bose headphones to fitness trackers. Commercialized since 2020, the technology achieves up to 10 percent efficiency under LED lighting.

JinkoSolar Holding Co Ltd is engaged in the photovoltaic industry. The firm has built a vertically integrated solar power product value chain, manufacturing from silicon wafers to solar modules. It sells solar modules under the JinkoSolar brand. The company's products include Silicon wafers, Solar cells, and Solar modules. Its geographical segments are China (including Hong Kong and Taiwan), North America, Europe, Asia Pacific, and the Rest of the world.

Chestnut Carbon is a developer of afforestation projects generating verifiable carbon removal credits in the United States. The company plants hardwood forests on marginal lands secured by conservation easements, using satellite imagery and AI for sequestration monitoring. Chestnut Carbon partners with landowners in Appalachia to restore ecosystems and sell Gold Standard-certified credits to corporations pursuing net-zero targets.

Instagrid is a manufacturer of portable battery systems designed for off-grid power in construction, events, and emergency sectors. Freiburg, Germany-headquartered, its products feature stacked micro-inverters for compact, lightweight designs delivering up to several kilowatts of silent, clean electricity. The systems scale from single units to networked infrastructures, powering tools and lights in areas without reliable grids across Europe and beyond.

Solid Power Inc is engaged in solid-state battery technology and manufacturing processes. Its core technology is a sulfide-based solid electrolyte material, which replaces the liquid or gel electrolyte used in traditional lithium-ion battery cells. Its commercialization plan is to manufacture and sell electrolytes to Tier 1 battery manufacturers and automotive original equipment manufacturers (OEMs) that choose to produce its battery cells.

Shakti Pumps makes submersible and solar-powered pumps, motors and controllers for agriculture, along with drive and inverter products. Customers include state government solar pump programmes and farmers, in India and exports. The company is based in Pithampur, Madhya Pradesh.

Saatvik Green Energy makes solar photovoltaic modules and cells in India and sells to utility, commercial and rooftop developers. It is based in Ambala, Haryana.

Lightsource Renewable Energy is a London-headquartered developer, owner, and operator of utility-scale solar photovoltaic projects across the United Kingdom, Europe, and the United States. The company manages over 2 gigawatts of operational solar capacity and maintains a development pipeline exceeding 10 gigawatts worldwide. Acquired by BP in 2017, it delivers long-term power purchase agreements to corporate off-takers including Google, Tesco, and the Ministry of Defence. Lightsource Renewable Energy integrates battery storage and agrivoltaics into its projects, such as the 50-megawatt Ferrybank solar farm in England co-located with sheep grazing. Its in-house engineering teams handle permitting, construction, and asset management for more than 200 sites.

Zephyrus Wing Energies Ltd is engaged in the initiation, development, construction, and operation of wind farms and solar projects.

PNE AG is a developer of projects in the renewable energy sector. The company's core business is the project development as well the construction and operation of onshore and offshore wind farms. It operates in three segments: project development (project planning of wind energy and photovoltaic projects) and services (management and servicing of wind farms and PV power plants as well as revenues from transformer station usage fees). In the power generation segment, revenues were achieved by the sale of electricity from ongoing operations of wind farms and of the Silbitz biomass power station. Key revenue is generated from power generation segment.