Xingchen New Energy Revenue, 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.

Lunar Energy is a Palo Alto-headquartered clean energy company founded in 2020. The firm engineers home electrification products including smart panels, EV chargers, and battery storage systems that interconnect into virtual power plants. Deployments span the United States and Europe to aggregate residential capacity for grid stabilization.

Antora Energy is a Sunnyvale-based provider of zero-carbon heat and electricity for heavy industries such as cement, steel, and chemicals. Its thermal batteries capture excess renewable energy from solar and wind sources to heat carbon blocks to glowing temperatures, delivering on-demand industrial process heat surpassing fossil fuel reliability. Founded in 2018, the company partners with utilities and manufacturers across North America to deploy modular systems that integrate with existing infrastructure for decarbonization.

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.

Energy Vault Holdings Inc is a grid-scale energy storage company that is driving a faster transition to renewable power by solving the intermittence issues that are inherent to the prevalent sources of renewable energy, solar and wind. Geographical presence in United States, China and Other. Majority of its revenue comes from U.S.

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.

Entech SA specializes in the design and manufacture of renewable energy such as solar and wind conversion and storage systems. In addition, the company builds and commissions ground-level and rooftop photovoltaic power stations.

Suzhou Kerun New Materials is a Suzhou-headquartered enterprise specializing in research, development, and production of perfluorinated ion exchange membranes. These materials support proton exchange membrane fuel cells, vanadium redox flow batteries, and electrolytic hydrogen production systems for clean energy applications.

Sterling and Wilson Renewable Energy Ltd is an Indian company engaged in Turnkey and Rooftop solutions for engineering, procurement, construction (EPC), development, operation, and maintenance of Solar Power projects. The Operating segments of the company are; Solar EPC business and Operation and maintenance service. The company derives maximum revenue from the Solar EPC business. The company operates in India, the Middle East and North Africa, the United States of America, Latin America, Australia, Rest of Africa, and Europe.

GCL Optoelectronics is a China-based supplier of perovskite solar modules emphasizing research, development, and mass production. The company aims for grid-parity photovoltaic panels through advanced tandem cell technology combining perovskite and silicon layers. It operates production facilities and employee training programs to scale manufacturing for utility-scale solar projects.

Hexagon Composites ASA is a supplier of clean energy technology for gas storage, distribution, fuel systems, and drivetrains. Its operating segments are Hexagon Agility & CNG LDV, Hexagon Purus, Hexagon Digital Wave, and Hexagon Ragasco LPG. Hexagon Agility & CNG LDV segment offers natural gas fuel systems and delivery solutions for the mobility market. Hexagon Purus is a provider of technology needed for zero-emission mobility. The Hexagon Digital Wave segment offers cylinder testing and monitoring technology. Hexagon Ragasco LPG segment is a manufacturer of composite LPG cylinders. It operates through Europe, North America, Southeast Asia, the Middle East, and Norway geographic regions.

Lohum is a Greater Noida-based lithium-ion battery recycler and pack assembler supplying cathode precursors to Indian EV makers like Ola Electric and Hero MotoCorp. Its hydrometallurgical plant recovers 95% nickel, cobalt, and lithium from spent cells processed at 10,000 tons annually. Lohum manufactures 100kWh packs for two-wheelers and e-rickshaws using recycled materials. Facilities in Jammu recover graphite anodes for stationary storage.

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.