Quaise Energy Funding, Investors & Competitors

Vistra Corp. is one of the largest power producers and retail energy providers in the US. It owns 44 gigawatts of generation capacity, including natural gas (27 GW), nuclear (6.5 GW), coal (8.7 GW), and solar and battery storage (1.3 GW). The Cogentrix acquisition will add 5.5 GW of gas generation. Vistra's retail electricity business serves 5 million customers in 20 states, including almost a third of all Texas electricity consumers. Vistra emerged from the Energy Future Holdings bankruptcy as a stand-alone entity in 2016.

First Solar designs and manufactures solar photovoltaic panels, modules, and systems for use in utility-scale development projects. The company's solar modules use cadmium telluride to convert sunlight into electricity. This is commonly called thin-film technology. First Solar is the world’s largest thin-film solar module manufacturer. It has production lines in Vietnam, Malaysia, the United States, and India.

Nextpower (and its subsidiaries) is a leading provider of intelligent, integrated solar tracker and software solutions used in utility-scale and distributed generation solar projects around the world. Nextpower's products enable solar panels in utility-scale power plants to follow the sun’s movement across the sky and optimize plant performance. Nextpower has operations in the United States, Mexico, Spain and other countries in Europe, India, Australia, the Middle East, Africa, and Brazil.

LONGi Green Energy Technology is one of the largest integrated solar company in the world. It produced 106 gigawatts of solar silicon wafers and 70 GW of solar modules in 2024. Solar silicon wafer and solar module contributed 10% and 80% of revenue in 2024, respectively. LONGi’s products are sold in more than 150 countries and regions.

Enilive is a Rome-headquartered subsidiary of Eni focused on sustainable mobility services. The company delivers integrated low-carbon solutions including biomethane production facilities, car-sharing fleets, and refueling stations for alternative fuels. Enilive operates across Italy with a network supporting electric vehicle charging and hydrogen infrastructure, advancing decarbonization in transportation through public-private partnerships.

Renewable power generator and subsidiary of NTPC. It builds and operates solar and wind parks and sells electricity to state utilities and government-backed buyers under long-term contracts. Headquartered in New Delhi region.

Jinko Solar is the largest Chinese solar module manufacturer by global shipment in 2024. Jinko's products are distributed across nearly 200 countries and regions. The company operates a vertically integrated production process, spanning from solar wafer and cell manufacturing to module production. Jinko's N-type cell capacity is industry-leading in scale.

CSI Solar is a leading Chinese solar module producer, ranking seventh by solar module shipments in 2024. The company's products are available in over 160 countries and regions. CSI operates a vertically integrated production process, encompassing solar wafers, cells, and module production.

Premier Energies Ltd is an integrated manufacturer of solar cells and solar modules. The company mainly engages in the manufacturing and trading of solar modules, solar cells, and solar accessories. The majority of the company's revenue comes from the sale of these products and silicon wafers. Additionally, the company earns revenue from the sale of manufactured solar modules and from construction and project-related activities. Geographically, the company generates almost all of its revenue within India.

Shanghai Aiko Solar Energy Co Ltd is engaged in research, manufacturing and sales of crystalline silicon solar cells. The company's products include C&I Scenario COMET Series, Residential Scenario NEOSTAR Series, Lightweight module AIR and Utility Scenario STELLAR Series.

Farasis Energy is a global lithium-ion battery manufacturer producing power systems for electric vehicles, energy storage grids, and commercial applications. The company operates production facilities in China and the United States with partnerships including BMW for automotive battery supplies. Farasis Energy supplies high-energy-density cells addressing transportation electrification and renewable grid integration needs.

Trina Solar is one of the top four Chinese solar module producers. Trina's products are available in over 170 countries and regions. The company operates a vertically integrated production process, covering everything from solar wafers and cells to complete modules.

Acciona Energía Internacional is a renewable electricity generation business established in 2014 to hold most of Acciona’s operating renewable energy assets outside Spain. Its portfolio initially comprised approximately 2.3 gigawatts of generation capacity across fourteen countries. The business owns renewable power assets and generates electricity for sale into local energy markets. Its international footprint includes the United States, Mexico, Canada, Australia, Italy, Portugal and South Africa. By 2020 the portfolio comprised fifty-two renewable energy assets, predominantly onshore wind farms, with combined net generation capacity of about 2.3 gigawatts. Acciona continued to manage the portfolio alongside outside infrastructure investors. The company represents an international operating asset subsidiary within the broader Acciona energy group.

Longroad Energy is a Boston-headquartered renewable-energy developer, owner and operator formed in 2016. It originates, finances, constructs and manages utility-scale solar, wind and battery-storage projects across the United States. Customers and counterparties include utilities, electricity buyers, grid operators, landowners and institutional capital partners. Revenue is generated through long-term power sales, project monetisations and asset-management services for owned and third-party facilities. The company was established by an experienced management team with capital from NZ Super Fund and Infratil and later admitted MEAG as a co-investor. Successive Fund commitments in 2022, 2023 and 2024 financed Longroad's project pipeline and strategy to become a scaled independent power producer.

TotalEnergies' onshore solar and wind assets unit is a power generation company that manages utility-scale solar and wind facilities.

SFCC is a Shenzhen-based high-tech enterprise pioneering hydrogen fuel cell vehicle commercialization. Founded on April 8, 2016, in Guangdong province, the company conducts research, develops power systems, and industrializes core technologies for buses and commercial fleets in China.

1Komma5° is a Berlin-headquartered ClimateTech company delivering integrated energy solutions at 80 sites in seven markets including Germany, Austria, and the US. It installs photovoltaics systems up to 10 kWp, battery storage with 15 kWh capacity, heat pumps for heating, and EV charging stations bundled into subscription models for residential and commercial properties.

The TotalEnergies Texas solar and storage portfolio is a group of utility-scale renewable power assets in the ERCOT market in Texas, operated by TotalEnergies. It comprises about 2 GW of capacity: three solar projects totalling 1.7 GW, including Danish Fields, Cottonwood and Hill Solar I, and two battery energy storage projects with a combined 300 MW. The assets sell electricity and storage services largely under long-term contracts, which give the portfolio contracted revenue. TotalEnergies developed the projects as part of its Integrated Power business and continues to operate them. Since December 2024 the portfolio has been owned 50% by TotalEnergies and 50% by funds managed by Apollo affiliates.