socalTECH

AUGUST 25, 2021

Westlake Village-based Energy Vault, which is developing gravity-based, grid-scale energy storage systems, has raised $100M in its Series C funding round, the company announced this morning. Energy Vault's power storage systems are based on the storage of potential energy in large, concrete blocks.

Westlake Village 113

Westlake Village Idealab Equity Platform 113

socalTECH

JUNE 10, 2021

San Diego-based electricity and energy provider Sempra Energy announced this morning that it is in a Memorandum of Understanding (MOU) with the U.S. Department of Energy's (DOE's) National Renewable Energy Laboratory (NREL). Sempra Energy is the parent company of San Diego Gas & Electric CO.

.Net 113

.Net San Diego Research Help 113

socalTECH

JANUARY 28, 2022

Santa Monica-based InCharge Energy a developer of electric vehicle charging infrastructure, has been acquired by Zurich-based ABB. ABB said deal gives it an approximately 60% controlling interest in InCharge Energy. Financial details of the deal were not announced. InCharge has around 50 employees.

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Santa Monica Design Services Develop 113

socalTECH

NOVEMBER 7, 2018

Energy Vault , a startup created by Pasadena-based startup incubator Idealab , announced this morning that it has launched its utility-scale energy storage technology into commercial availability. According to Energy Vault, it already has signed a deal with the Tata Power Company to deploy a 35 MWh system in 2019.

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Idealab Technology Incubator Pasadena 133

socalTECH

APRIL 17, 2019

A new, urban community in the Los Angeles area-- The Alhambra , a new 40-acre "mixed-use" community in the City of Alhambra--is jumping on the clean energy bandwagon, and will adopt fuel cell technology from Silicon Valley's Bloom Energy.

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Alhambra USC Los Angeles Demand 133

socalTECH

OCTOBER 4, 2018

Costa Mesa-based Ice Energy , which develops an energy storage system used for saving energy used for air conditioning, has launched a new product specifically aimed at homeowners and builders. The venture backed firm is backed by Argo Infrastructure Partners.

Product 154

Product Demand Marketing Develop 154

socalTECH

JULY 16, 2021

A new, Camarillo-based startup, VGRID Energy, says it has come up with a "green" way to mine for Bitcoin cryptocurrency. According to the company, it has created a new product called the VGRID Bioserver, a portable, 100kW energy source which uses dead trees or agricultural waste to provide renewable electricity for Bitcoin mining.

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Product Startup Technology Company 133

socalTECH

JULY 27, 2021

Los Angeles-based solar power developer 8minute Solar Energy, which develops solar power and battery storage plants, said yesterday that it has named Jennifer Arasimowicz as the company's new General Counsel.

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Los Angeles Develop Development Angel 113

socalTECH

AUGUST 15, 2019

Energy Vault , a startup of Pasadena-based Idealab developing radically different energy storage technology--based on the movement of large, concrete blocks via robotic arms--has raised $110M in a Series B funding, the company announced this morning. READ MORE>>.

Idealab 124

Idealab Pasadena Demand Design 124

L.A. Business Journal

DECEMBER 9, 2020

Southern California Edison has signed long-term contracts for four projects totaling 590 megawatts of battery energy storage.

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Southern California 235

socalTECH

SEPTEMBER 9, 2020

a renewable energy developer and distributor with its U.S. office in Irvine, says it has acquired Enable Energy , a solar and energy storage solutions provider. Enable Energy provides engineering, procurement and construction (EPC) and operations and maintenance (O&M) support, according to BayWa r.e. BayWa r.e. ,

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Acquisition Develop Development 113

socalTECH

SEPTEMBER 10, 2021

Westlake Village-based gravity-based energy storage technology developer EnergyVault says it will list on the NYSE, via a merger with a special purpose acqisition company (SPAC), Novus Capital Corporation II. and others.

Westlake Village 113

Westlake Village Idealab Pasadena Capital 113

socalTECH

AUGUST 14, 2020

San Diego-based renewable energy developer EDF Renewables North America has partnered with Abu Dhabi-based Masdar , a subsidiary of Mubadala Investment Company, on a series of eight renewable energy projects in the United States. gigawatt (GW) clean energy portfolio. gigawatt (GW) clean energy portfolio.

San Diego 140

San Diego Invest Develop Development 140

socalTECH

DECEMBER 21, 2022

San Diego-based renewable energy developer EDF Renewables North America said on Wednesday that the company has closed on a strategic investment, where Munich Re will acquire a 50 percent stage in two, renewable energy projects in California. The renewable energy projects will be built in Riverside County, California.

Riverside 113

Riverside Invest San Diego Develop 113

socalTECH

FEBRUARY 16, 2021

The fund focuses on investing in companies that develop, build, own and operate the renewable power infrastructure necessary to transition global power generation to a cleaner future, including wind farms, solar parks, energy storage, and the infrastructure to bring that energy to market. Kayne Anderson says it now has more than $1.5

Funding 113

Funding Equity Los Angeles Invest 113

socalTECH

JULY 6, 2021

Clean energy developer Arevon Asset Management has installed what it says is one of the largest energy storage sites in the United States in Saticoy, California. According to Arevon, the energy stored on the site can power Oxnard for four hours, or all of Ventura County for thirty minutes.

Ventura 127

Ventura Southern California Develop Development 127

TechCrunch LA

NOVEMBER 19, 2019

What Gross is pursuing with his new company, Heliogen , offers a way forward for renewable energy to be applied to manufacturing processes for cement, lime, coke, and steel — some of the most energy intensive and polluting industries that exist in the world today. However, it may be the most significant.

Lancaster 205

Lancaster Idealab Los Angeles Incubator 205

socalTECH

MARCH 12, 2020

Irvine-based Mica Energies announced Wednesday afternoon that it has received a seed funding, and says it is working on a "proof of concept" for ite technology, focused on harvesting radio frequencies from the environment. Source and amount of that seed funding was not announced. READ MORE>>.

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Seed Funding Funding Technology Company 124

socalTECH

JUNE 26, 2018

Costa Mesa-based Ice Energy , which develops thermal energy storage systems which work in conjunction with commercial and industrial air conditioning units to help provide distributed energy storage, has raised $40M in a new funding round, the company said on Tuesday.

Demand 113

Demand Equity Funding Help 113

L.A. Business Journal

AUGUST 16, 2021

Nanotech Energy Inc. has plans for a big expansion.

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162

socalTECH

JUNE 20, 2019

Anaheim-based technical and consulting services provider Willdan says it is buying Carlsbad-based Onsite Energy Corporation , a provider of energy efficiency services and project implementation for the industrial market. Terms of the acquisition were not announced.

Acquisition 113

Acquisition Services Help Marketing 113

socalTECH

JUNE 17, 2020

Los Angeles-based 8minute Solar Energy reports that it has signed a contract to develop a new, 250MW solar power plus storage project in California. According to the company, the contract, with Monterey Bay Community Power Authority (MBCP) and Silicon Valley Clean Energy (SVCE), will supply Community Choice Energy (CCE) providers.

Outsource Development 113

Outsource Development Metrics Los Angeles Report 113

socalTECH

MAY 21, 2019

Canoga Park-based aerospace and defense products developer Aerojet Rocketdyne is taking aim at the energy storage market, saying today that it has tied with ZAF Energy Systems , to work on an energy storage system. The two said the new energy storage system is being aimed at both space and military applications.

Canoga Park 113

Canoga Park Product Marketing Develop 113

socalTECH

JUNE 3, 2021

Santa Barbara-based NEXT Energy Technologies, a developer of a transparent, photovoltaic coating which turns commercial windows into energy producing solar panels, has raised $13.4M in a Series C funding. The funding was led by Alon Blue Square Israel, Ltd.

Santa Barbara 113

Santa Barbara Technology Networking Funding 113

socalTECH

OCTOBER 23, 2020

A new, Los Angeles-based startup, Whisper Energy Systems , said Thursday that it has partnered with electric carRpioneer Wally Rippel, on developing a new Lithium-powered device to replace small internal combustion engines. READ MORE>>.

Los Angeles 113

Los Angeles Design Tool Funding 113

L.A. Business Journal

JANUARY 24, 2022

Mid-Wilshire-based 8minute Solar Energy on January 19th announced that it closed $400 million in financing from Washington, D.C.-based based EIG Global Energy Partners, which specializes in investments in global energy and infrastructure.

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Develop Development Funding Invest 130

socalTECH

MARCH 4, 2021

Newport Beach-based renewable natural gas producer Clean Energy Fuels, which produces natural gas from methane captured from decomposing organic waste, says it is in a $400M joint venture with energy giant Total SE. Clean Energy says Total SE is investing $100M initially, which can increase to $400M depending on development progress.

Organization 113

Organization Invest Product Develop 113

socalTECH

SEPTEMBER 16, 2020

Los Angeles-based solar power developer 8minute Solar Energy said on Wednesday that it has opened up a new, 67 megawatt solar farm in Madera County, which will power more than 12,000 households. 8minute Solar Energy did not say how much that PPA is worth. 8minute Solar Energy did not say how much that PPA is worth.

Southern California 133

Southern California Los Angeles Product Angel 133

socalTECH

JANUARY 29, 2021

Oxnard-based energy storage equipment developer SimpliPhi Power announced this week that it is extending something that it ihas been doing for the last ten years--committing 1% of its annual revenue every year to help provide energy access to communities.

Ideas 113

Ideas Help Develop Development 113

socalTECH

FEBRUARY 1, 2022

Westlake Village-based gravity energy storage technology developer Energy Vault announced this morning that it is in a $100M transaction with two companies, Atlas Renewable and China Tianying, which involves a $50M investment subscription and an expansion of a PIPE agreement from $150M to $200M.

Westlake Village 100

Westlake Village Invest Acquisition Capital 100

socalTECH

JULY 20, 2020

the natural gas provider for much of Southern California, said last week that it has deployed two, Bloom Energy microgrids in the Los Angeles area. According to the company, it has begun powering two of its largest Los Angeles area facilities with Bloom Energy solid oxide fuel cells. Southern California Gas Co. ,

Pico Rivera 113

Pico Rivera Monterey Park Southern California Metrics 113

socalTECH

MARCH 16, 2017

San Diego-based renewable energy developer EDF Renewable Energy is expanding its renewable energy efforts, into distributed electricity and storage. EDF Renewable Energy said the new unit includes a team it acquired last year via its acquisition of groSolar. READ MORE>>.

San Diego 113

San Diego Acquisition Customer Custom 113

socalTECH

DECEMBER 22, 2020

Los Angeles-based solar power project developer 8minute Solar Energy said today that it has upsized a letter of credit it received, upping the originally $225M letter of credit and revolving credit facility to $350M. The company's projects are located in California, Texas, and elsewhere in the Southwestern US. READ MORE>>.

Los Angeles 113

Los Angeles Funding Help Angel 113

socalTECH

JANUARY 30, 2019

Carlsbad-based companies Everyday Energy and Omni Energy , two companies which work together to provide solar power to multi-family housing units, are powering the installation of a photovoltaic solar power system for affordable housing provider EAH Housing READ MORE>>.

Company 113

Company Companies 113

socalTECH

SEPTEMBER 11, 2020

Los Angeles-based solar power developer 8minute Solar Energy and Southern California's Clean Power Alliance announced on Thursday that the Clean Power Alliance has signed a 15-year, power purchase agreement (PPA) for a 400 megawatt solar power plant, with 180MW/540MwH energy storage project in Tulare County.

Southern California 133

Southern California Los Angeles Customer Custom 133

socalTECH

NOVEMBER 7, 2019

Los Angeles-based utility-scale solar power project developer 8minute Solar Energy says it is in a partnership with the Los Angeles Department of Water and Power (LADWP), to build a new, 4000MW solar energy plant near California City. 8minute said the plant will supply solar energy at the lowest prices on record in the U.S.,

Los Angeles 124

Los Angeles Angel Startup Pricing 124

socalTECH

DECEMBER 10, 2020

Los Angeles-based Swell Energy , which is developing what it calls "virtual power plants" which combine solar power and battery storage to feed back energy into the grid, says it has raised $450M in a financing vehicle to help deploy its distributed energy storage systems.

Los Angeles 113

Los Angeles Capital Funding Help 113