Voltalia

Chargepoly focuses on the design, development, and operation of ultra-fast charging stations for electric vehicles. They provide creative solutions that are tailored to specific use cases. Chargepoly supports from A to Z in fleet electrification project, whether for a private fleet or a public station, and give technical, commercial, and financial knowledge.

Nuru is a solar hybrid site. Nuru (Swahili for ''light'') is a company dedicated to enhancing connectivity in the Democratic Republic of Congo. Nuru deployed Congo's first solar-based mini-grid in 2017 and is currently constructing a 1.3MW solar hybrid site in Goma, the largest off-grid mini-grid in sub-Saharan Africa. Nuru is a renewable and environment company that specializes in the fields of storage micro-grids and solar energy. The company deployed Congo's first solar-based mini-grid in 2017 and is currently constructing a 1.3MW solar hybrid site in Goma. Nuru was founded in 2015 and headquartered in Goma, Nord-Kivu, Congo.

Voltalia is a power producer and service provider in renewable electricity production from solar, wind, hydro and biomass energies (combining storage solutions). Voltalia has developed a strong expertise throughout the value chain of a renewable project: project development, project financing, EPC and operation & maintenance. The Group is active in 20 countries and is able to offer services to its clients worldwide. As of December 31, 2018, Voltalia has developed and sold more than 1.8 GW and built more than 1.3 GW. It operates more than 1 GW and owns more than 0.5 GW of consolidated installed capacity.

Voltalia is an international renewable energy company based in France. It is an independent power producer, generating electricity from wind, solar, hydropower, biomass, and energy storage facilities that it owns and operates. As of 2023, Voltalia had an installed capacity of 2.6 GW and was developing an additional 16.1 GW of renewable energy projects across 20 countries. The company is involved in all stages of the project lifecycle, from development and construction to operation and maintenance.

List of 50 largest renewable energy developers in France [2024]

Sud Vannier crowdfunding

IFC Backing For Malawi Solar & Storage Project – TaiyangNews – All about solar electric power

Voltalia sells 33 megawatts of wind power in France

73 megawatts won in France

French renewable energy company Voltalia opens job vacancies in Brazil including opportunities for people with no experience

Leroy Merlin Chooses Voltalia to Supply Solar Energy to Its Sites in France

The Top Solar Panel Installation Companies in France: Harnessing Renewable Energy for a Sustainable Future

Established renewable energy technologies for a greener future

Current-gen renewables

Voltalia is an international renewable energy company based in France. It is an independent power producer, generating electricity from wind, solar, hydropower, biomass, and energy storage facilities that it owns and operates. As of 2023, Voltalia had an installed capacity of 2.6 GW and was developing an additional 16.1 GW of renewable energy projects across 20 countries. The company is involved in all stages of the project lifecycle, from development and construction to operation and maintenance.

Moving industry forward with next-gen advancements in energy storage and transmission

Alternative Energy

Voltalia SA: Total number of shares and voting rights in the share capital as of November 30, 2024

ABB is partnering with Voltalia to help with the systems integration and value chain of the new project.

Chargepoly

Fidève Groupe

Nuru

Proparco

Schmidt Family Foundation

E3 Capital

GAIA Impact Fund

Renewable Energy Performance Platform (REPP)

The Global Energy Alliance for People and Planet

Joseph Family Foundation

International Finance Corporation

Renault Group

To support Renault Group's sustainability goals, Voltalia has secured a 15-year, 350MW solar PPA, aiming to cover half of Renault's French production needs by 2027, emphasizing green electricity solutions.

Voltalia is an international renewable energy company based in France. It is an independent power producer, generating electricity from wind, solar, hydropower, biomass, and energy storage facilities that it owns and operates. As of 2023, Voltalia had an installed capacity of 2.6 GW and was developing an additional 16.1 GW of renewable energy projects across 20 countries. The company is involved in all stages of the project lifecycle, from development and construction to operation and maintenance.
Voltalia's focus on innovation and sustainability has led to several notable projects. In 2023, it announced plans for a 55 MW solar and 10 MW storage project in Malawi, representing nearly 10% of the country's total installed capacity. The company also secured contracts for three new wind farms in France totaling 73 MW. Additionally, Voltalia sold two operational wind farms in France with a combined capacity of 33.1 MW while retaining maintenance and administrative services for 20 years.
In 2022, Voltalia signed a 15-year corporate power purchase agreement (CPPA) with Leroy Merlin, a leading French home improvement retailer, to supply 30 MW of solar energy from a new plant in the Centre-Val de Loire region. This agreement aligned with Leroy Merlin's goal of sourcing 100% green energy for its stores by 2025.

Terra Solar is an Irish renewable energy company dedicated to developing, financing, constructing, and operating utility-scale solar farms across the island of Ireland. The company partners with commercial enterprises and private landowners to identify suitable sites for solar development, subsequently guiding these sites through the planning, grid approval, and construction phases until they become fully operational solar farms.
Terra Solar's solar power projects harness one of the cleanest sources of energy, generating electricity without emitting any pollution during production or consumption. Compared to fossil fuel-based energy sources, solar generation exerts minimal environmental impact and can support biodiversity gain.
In August 2022, Terra Solar's 65MW Ballinrea solar project located between Carrigaline and Cork City was acquired by Danish energy company Ørsted. The Ballinrea project, expected to commence construction in 2024 and become operational by 2025, will power up to 16,000 homes upon completion.
In March 2023, Ørsted acquired Terra Solar's 160MW Garrenleen project in Carlow. This project will reach commercial operation in two stages, one in 2025 and the other in 2026.
In September 2023, Terra Solar formed a partnership with Ørsted to develop a solar portfolio of up to 400MW across Ireland. These projects align with Ireland's goal of achieving 8GW of solar energy by 2030 and are targeted for completion before that year.

Terra Solar

Alight is a leading solar developer and independent power producer in Europe. The Stockholm-based company develops, owns, and operates onsite and offsite solar projects across the region. Alight adopts a subsidy-free business model, offering solar energy to commercial and industrial customers through long-term power purchase agreements (PPAs) at fixed prices.
Alight's core technology involves the development and construction of ground-mounted solar parks as well as rooftop solar installations for businesses. These systems generate clean electricity, enabling companies to switch to renewable energy sources. Alight retains ownership of the solar assets and sells the power directly to customers through PPAs spanning 10 to 20 years. This approach shields energy-intensive businesses from volatile electricity prices while providing access to sustainable energy.
By the end of 2024, Alight aims to have an installed solar capacity of one gigawatt (GW) across its operational projects, with plans to expand to five GW by 2030. A notable project in Alight's portfolio is the 100 MW solar park in Hultsfred, Sweden, developed jointly with Neoen for fashion retailer H&M Group. The company has also undertaken Sweden's largest co-located solar-plus-storage plant, a 12 MW facility in Linköping completed in December 2022.
In November 2022, Alight received a EUR 150 million investment from Dutch firm DIF Capital Partners, enabling the accelerated buildout of its solar project pipeline across the Nordics and Europe. This transaction also facilitated Alight's transition into an independent power producer, with plans to retain ownership of future solar assets.
Key customers and partnerships
Alight's customer base primarily comprises large corporations and energy-intensive businesses operating across various industries. Notable clients include fashion retailers H&M Group and Kingspan, financial institution Swedbank, automotive manufacturer Toyota, and food distributor Martin & Servera.
In December 2022, Alight partnered with French renewable energy company Neoen to jointly develop and own the 100 MW Hultsfred solar park in Sweden, secured through a power purchase agreement with H&M Group. This project represents the largest solar PPA contracted in Sweden to date.
Building upon this collaboration, Alight and H&M Group signed additional PPAs in January 2024 for the construction of three solar parks in Blekinge, Södermanland, and Halland, with a combined capacity of 23 MW. These projects are expected to be operational by early 2025, further strengthening Alight's partnership with H&M Group in delivering renewable energy solutions.

Alight

Terra-Gen is a leading independent provider of end-to-end renewable energy project development, financing, and operating capabilities in the US. The company specializes in utility-scale wind, solar, and energy storage projects across diverse technologies. As of March 2024, Terra-Gen operates approximately 2.4 GW of wind and solar assets, along with 5.1 GWh of energy storage facilities across 32 renewable power sites in the country, predominantly in California and Texas. Terra-Gen has a proven track record, having successfully developed over five GW of wind, solar, and energy storage projects, and operating and maintaining over 2.7 GW across 27 projects.
In March 2024, Masdar, a clean energy company based in the United Arab Emirates, acquired a 50% stake in Terra-Gen from Energy Capital Partners (ECP). The strategic investment aims to accelerate Terra-Gen's growth and expand its presence in key markets, leveraging Masdar's expertise in funding, developing, owning, and operating clean energy projects globally. The acquisition positions Terra-Gen for continued success, building on the significant growth and transformation achieved under ECP's ownership.

Terra-Gen

Chiron Energy is an independent Italian group that develops, builds, and operates state-of-the-art renewable energy plants and infrastructure with a very low environmental impact. The company specializes in constructing and commissioning incentivized photovoltaic plants across various regions of Italy, including Veneto, Lombardy, Piedmont, and Friuli-Venezia Giulia.
Established in late 2020 by Mario Pesaresi and his son Paolo, Chiron Energy has rapidly emerged as one of the leading solar developers in the Italian market. The company has an authorized pipeline of over 250 MWp of greenfield solar projects and has already secured financing for several projects through green loans from lenders like UniCredit.
In November 2021, Chiron Energy concluded the authorization processes for six photovoltaic plants in northern Italy with a total capacity of 25 MW. These plants, scheduled to become operational in 2024, are expected to produce 100% renewable energy, avoiding the release of approximately 9,500 tons of carbon dioxide emissions annually.
In June 2022, the company issued a EUR 5 million ESG-linked minibond with a bullet maturity of December 31, 2026, fully subscribed by the Progetto Minibond Italia fund. This minibond provides rate benefits linked to Chiron Energy's sustainability and ESG rating, supporting the company's ambitious growth and investment plans.
In April 2023, Chiron Energy secured a EUR 17 million green loan from UniCredit to fund the construction and commissioning of four new renewable energy production plants with a total installed capacity of over 19 MWp. Once operational by November 2023, these plants are expected to produce around 27 GWh of electricity annually, covering the needs of approximately 9,000 Italian households while avoiding emissions of over 14,000 tons of CO₂ equivalents per year.

Chiron Energy

Silicon Ranch is a Nashville-based independent power producer specializing in solar energy, battery storage, and carbon solutions. The company owns and operates all its projects across the US and Canada, with a contracted portfolio exceeding five gigawatts. Silicon Ranch pioneered a transformative approach called Regenerative Energy, which incorporates regenerative agriculture practices to restore soil health, promote biodiversity, and improve water quality on the same land where it generates renewable energy.
In 2022, Silicon Ranch installed nearly 700 megawatts of new solar capacity, setting a company record while maintaining its unblemished track record of successfully delivering every contracted project since its inception in 2011. The company signed contracts for over 1,100 megawatts of additional solar and battery storage projects last year, further expanding its multi-gigawatt pipeline.
Silicon Ranch's unique business model involves purchasing land for its facilities and committing to long-term ownership, fostering deeper connections with local communities. The company has deployed significant investments totaling approximately USD 1.5 billion for over one gigawatt of solar capacity across Georgia in partnership with the state's electric cooperatives. In 2021, Silicon Ranch acquired Clearloop, a platform that enables businesses to offset their carbon footprint by directly investing in new solar projects.
To support domestic manufacturing and lower its carbon footprint, Silicon Ranch has secured supply agreements with First Solar for 4.7 gigawatts of thin-film solar modules, 1.5 gigawatts of Nextracker solar trackers, and partnered with SOLARCYCLE for recycling damaged panels. The company's solar facilities have generated substantial tax revenues for host communities while creating thousands of construction jobs.
Key customers and partnerships
Silicon Ranch has established strategic partnerships with utilities, electric cooperatives, and corporate offtakers across its multi-gigawatt portfolio. Notable utility partners include the Tennessee Valley Authority (TVA), Mississippi Power, United Power Cooperative, and Green Power EMC, a renewable energy supplier for 38 Georgia electric cooperatives.
Major corporate customers span diverse sectors, with Silicon Ranch providing renewable energy and carbon solutions to Meta (formerly Facebook), Nike, Aerojet Rocketdyne, Volkswagen, and Rivian Automotive, among others. As of January 2024, Silicon Ranch has 16 operational solar projects totaling 630 megawatts for Meta in Georgia and Tennessee, with several additional facilities under construction.

Silicon Ranch

Manufacture solar panels, inverters, and other equipment for both residential rooftops and utility-scale solar projects

Develop, operate, and maintain solar power plants, excluding solar+storage and community solar project developers and operators

Develop, operate, and maintain solar power plants along with BESS

Facilitate solar power generation through shared solar or solar garden projects and operate on a subscription-based model

Manufacture wind turbines, towers, blades, and other related systems for wind power generation

Develop and operate onshore wind power projects

Manufacture hydroelectric turbines and develop and operate hydropower plants

Develop and operate facilities to convert organic waste streams into renewable energy

Facilitate the buying and selling of renewable energy certificates, contracts, and credits between producers and consumers

Set-up and maintenance of renewable energy systems for residential, commercial, and industrial applications

Provides current-gen renewable energy sources for sustainable energy consumption

Voltalia is an international renewable energy company based in France. It is an independent power producer, generating electricity from wind, solar, hydropower, biomass, and energy storage facilities that it owns and operates. As of 2023, Voltalia had an installed capacity of 2.6 GW and was developing an additional 16.1 GW of renewable energy projects across 20 countries. The company is involved in all stages of the project lifecycle, from development and construction to operation and maintenance.Voltalia's focus on innovation and sustainability has led to several notable projects. In 2023, it announced plans for a 55 MW solar and 10 MW storage project in Malawi, representing nearly 10% of the country's total installed capacity. The company also secured contracts for three new wind farms in France totaling 73 MW. Additionally, Voltalia sold two operational wind farms in France with a combined capacity of 33.1 MW while retaining maintenance and administrative services for 20 years.In 2022, Voltalia signed a 15-year corporate power purchase agreement (CPPA) with Leroy Merlin, a leading French home improvement retailer, to supply 30 MW of solar energy from a new plant in the Centre-Val de Loire region. This agreement aligned with Leroy Merlin's goal of sourcing 100% green energy for its stores by 2025.

Canada-based Carbon Engineering (CE) specializes in Direct Air Capture (DAC) and air-to-fuel (ATF) technologies. ATF technology turns atmospheric carbon dioxide (CO2) DAC facilities into low-carbon fuels. The company’s pilot DAC plant in British Columbia captures one ton of CO2 per day. As of March 2024, CE is working with 1PointFive to commercialize its air-to-fuel processes.Key customers and partnershipsCE has partnered with Oxy Low Carbon Ventures (the venture capital arm of the oil and gas company Occidental Petroleum) to build its first commercial DAC facility in Texas Permian Basin. The proposed facility will capture one million tons of CO2 per year. The construction of the plant is to be completed by 2024. CE has also begun engineering at its <a href="https://sp-edge.com/updates/14178">second DAC facility</a> in Kleberg County, Texas to capture 30 million tons of CO2 per year. The site is expected to begin operations by late 2024. CE also has a partnership with Storegga Geotechnologies to deploy its DAC technology in the UK. In <a href="https://sp-edge.com/updates/10949">June 2022</a>, CE extended its collaboration with 1PointFive to deploy DAC projects globally.CE allows customers to pre-purchase carbon removal quantities from its future projects. In March 2021, Shopify became CE’s first customer, having reserved 10,000 tons of carbon removals. CE has also partnered with BeZero (a British climate asset and liability management company) for a joint retail offering that allows customers to purchase carbon removals through BeZero’s website. In November 2021, CE also signed up BMO Financial Group, a Canadian financial service provider, as a new customer and plans to deliver 1,000 tons of carbon removal units.CE estimates the net cost of its DAC technology to be around USD 94–232 per ton. The net cost of capture from its proposed one-megaton commercial plant is expected to be “little less than USD 200 per ton”. The company has also reported that its net cost of capture needs to fall below USD 150 per ton for the technology to make commercial sense.In October 2021, Carbon Engineering also partnered with Huron Clean Energy (Canada), The Upper Nicola Band (Canada), and Oxy Low Carbon Ventures to develop a large-scale commercial ATF facility in British Columbia. The facility is expected to begin operations in 2026. In November 2021, the company partnered with Air Canada to explore sustainable aviation fuel (SAF) opportunities.In <a href="https://sp-edge.com/updates/21044">August 2023</a>, Occidental Petroleum announced a definitive purchase agreement to acquire Carbon Engineering for USD 1.1 billion in cash. The deal was closed in <a href="https://www.blg.com/en/about-us/deals-and-suits/2023/11/occidental-petroleum-completes-us1-1-billion-acquisition-of-carbon-engineering-ltd#:~:text=On%20November%203%2C%202023%2C%20Occidental,equity%20of%20Carbon%20Engineering%20Ltd.">November 2023</a>.&nbsp;

Carbon Engineering

TAE Technologies is a next-generation renewable energy company focusing on fusion technology. The company’s technology attempts to fuse hydrogen and boron to produce light to generate heat for power generation. TAE aims to connect the first hydrogen-boron fusion power plant to the grid in the 2030s and expects to demonstrate net energy on its next research reactor Copernicus around mid-decade.TAE Technologies has obtained more than 1,400 patents and launched several spin-off technologies in sectors such as electric mobility, power management, and life sciences. In <a href="https://sp-edge.com/updates/15971">January 2023</a>, formed a new subsidiary known as TAE Power Solutions. This subsidiary is developing a unique technology platform derived from fusion research to improve the reliability, efficiency, longevity, and affordability of electric-powered products, including EVs and renewable energy storage.Key customers and partnershipsIn <a href="https://sp-edge.com/updates/6255">October 2021</a>, TAE Technologies partnered with the National Institute for Fusion Science (NIFS), a Japanese research institute, to test hydrogen-boron (p-B11) fusion reactions. Furthermore, in <a href="https://sp-edge.com/updates/16848">March 2023</a>, TAW and NIFS carried out the world’s first hydrogen-boron fusion experiments in a magnetically confined fusion plasma.Since 2014, TAE Technologies has worked with Google to apply machine learning, data science, and advanced computations to jointly develop the Optometrist Algorithm to speed up experiments involving plasma, the core ingredient in a fusion reaction.Funding and financialsThe company’s most recent funding event was a <a href="https://sp-edge.com/updates/11710">July 2022</a> USD 250 million round led by Google. The company planned to use the funds to construct its research reactor “Copernicus.” Prior to this, in April 2021 TAE Technologies raised USD 280 million led by Google and New Enterprise Associates. Funds were expected to be used to further the company’s fusion experiments and to build a new reactor-scale facility.

TAE Technologies

Canada-based Enerkem converts waste into transportation fuels and chemicals. The company produces renewable methanol and ethanol from non-recyclable and compostable solid waste. Ethanol produced by Enerkem is used as a high octane oxygenate in gasoline to reduce its toxicity.Enerkem operated a pilot biofuel facility in Edmonton, Canada, which was capable of recycling upto 40,000 metric tons of waste, annually. As of January 2024, the facility has produced ~5 million liters of ethanol and methanol. As part of this project, Enerkem had a 25-year agreement with the city of Edmonton to recycle 100,000 dry metric tons of waste per year. In February 2024, the company reported plans to retire the facility and focus on the deployment and commercialization of its technology.Key customers and partnershipsEnerkem is developing a biofuel facility at Varennes (Canada) in partnership with Hydro-Quebec. The facility, which is set to come online in 2025, will couple Enerkem’s technology with a 90 MW proton exchange membrane (PEM) electrolyzer system to produce 125 million liters of biofuels and circular chemicals from 200,000 metric tons of waste per year.Enerkem is also developing a facility in Tarragona, Spain in partnership with Repsol to manufacture 290 million liters of methanol from non-recyclable waste and residual biomass per year. In <a href="https://sp-edge.com/updates/20773">July 2023</a>, Enerkem partnered with Dimeta to begin a feasibility study to examine the development of two large-scale projects to convert waste into renewable and recycled carbon dimethyl ether (DME). The projects are to be developed in Northwest Europe and in the Gulf Coast of the US, with each project expected to produce ~165,000 tons of DME annually from mixed residual waste.In <a href="https://sp-edge.com/updates/20774">August 2023</a>, Enerkem partnered with Technip Energies where the latter agreed to contribute its expertise in engineering, technology integration, and project delivery to support projects developed by Enerkem.Funding and financialsEnerkem’s <a href="https://sp-edge.com/updates/9646">most recent funding </a>event was an April 2022 CAD 255 million (USD 203 million) round led by Repsol. The funds were to be used to expand Enerkem’s geographical footprint in Europe and to scale up the deployments of its gasification technology.

Enerkem

Commonwealth Fusion Systems (CFS) is an MIT spinoff that focuses on commercializing fusion energy using revolutionary high-temperature superconducting (HTS) magnets to build smaller and lower-cost tokamak fusion systems. The company aims to manufacture these magnets and is building ‘SPARC’, its net energy fusion machine with MIT’s Plasma Science and Fusion Center. Following this, CFS plans to build a fusion power plant named ARC.In February 2023, CFS opened its new 50-acre campus in Massachusetts, US. This will contain the company’s corporate headquarters, advanced manufacturing facility, and the SPARC facility.In&nbsp;<a href="https://sp-edge.com/updates/36243">November 2024</a>, CFS completed testing of its new electromagnet, the Central Solenoid Model Coil (CSMC), with plans to demonstrate net fusion power by 2026.Key customers and partnershipsIn July 2022, CFS signed a five-year Collaboration Framework Agreement with the United Kingdom Atomic Energy Authority (UKAEA) to carry out a series of work projects to support the development of fusion energy. In March 2023, CFS signed a framework agreement with Eni to carry out a series of work projects to advance fusion energy.Funding and financialsIn August 2023, CFS was awarded three undisclosed grants by the US Department of Energy’s Innovation Network for Fusion Energy (INFUSE) program to fund research and development projects with the University of California at Berkeley, Princeton Plasma Physics Lab, and University of California at Los Angeles. In <a href="https://sp-edge.com/updates/19658">May 2023</a>, CFS was one of eight companies to receive a total of USD 46 million from the US Department of Energy’s Milestone-based Fusion Development Program to advance design, research and development for fusion power plants.In <a href="https://sp-edge.com/updates/7124">November 2021</a>, CFS raised USD 1.8 billion in a Series B funding round led by Tiger Global Management. The company planned to use the proceeds to build and operate SPARC and commence deployment of ARC.&nbsp;

Commonwealth Fusion Systems

General Fusion aims to develop utility-scale fusion power using Magnetized Target Fusion (MTF) technology. In December 2022, the company demonstrated plasma energy confinement times, plasma temperatures, and compression system performance that support its goal of meeting 100 million degrees Celsius in its MTF demonstration.&nbsp;In <a href="https://sp-edge.com/updates/22691">August 2023</a>, General Fusion announced a new MTF machine known as “Lawson Machine 26” (LM26). The company intends to use the machine to achieve fusion conditions of over 100 million degrees Celcius (180 million degrees Fahrenheit) by 2025, and progress toward scientific breakeven by 2026. The LM26 is designed to validate the company’s ability to symmetrically compress magnetized plasmas in a repeatable manner and achieve fusion conditions at scale. It integrates the company's existing operational plasma injector with a new lithium liner compression system.Construction of General Fusion’s demonstration at the United Kingdom Atomic Energy Authority’s (UKAEA) Culham Campus began in 2023 and is expected to be commissioned in 2026 and fully operational by early 2027.Key customers and partnershipsIn June 2021, General Fusion partnered with the UK Atomic Energy Authority (UKAEA) to build and operate a fusion demonstration plant (FDP) at UKAEA’s Culham Campus in Oxfordshire, UK. In July 2021, General Fusion partnered with Canadian Nuclear Laboratories, a nuclear technology laboratory managed by the Canadian National Energy Alliance, to develop tritium extraction technologies for fusion power.&nbsp;In February 2022, General Fusion, Bruce Power, and the Nuclear Innovation Institute partnered to accelerate the delivery of clean fusion power in Canada. In November 2022, the company partnered with Canadian Nuclear Laboratories again to carry out a series of joint projects to accelerate the deployment of commercial fusion power in Canada.In <a href="https://sp-edge.com/updates/22653">October 2023,</a> General Fusion partnered with Kyoto Fusioneering to advance critical systems for MTF commercialization, including the tritium fuel cycle, the liquid metal balance of the plant, and the power conversion cycle. During the same <a href="https://sp-edge.com/updates/23302">month</a>, General Fusion expanded its partnership with TRIUMF to design diagnostics that will advance the former’s technology and prove the performance of its MTF demonstration, LM26. In December 2023, the company partnered with the University of Lisbon to develop a key diagnostic for MTF technology.Funding and financials&nbsp;In March 2024, General Fusion and TRIUMF, Canada’s particle accelerator centre, received a USD 800,000 Natural Sciences and Engineering Research Council of Canada (NSERC) Alliance grant. The companies intended to use the funds to advance technology to develop an ultra-fast neutron spectrometer system to measure plasma temperatures at fusion conditions of over 100 million degrees Celsius.In <a href="https://sp-edge.com/updates/24966">December 2023</a>, General Fusion received CAD 5 million (~USD 3.7 million) from the Strategic Innovation Fund (SIF). The company planned to invest the funds in the research and development of the company’s MTF demonstration, LM26. The company’s latest funding round was in August 2023, when it raised USD 25 million in the first close of its Series F funding round. Participants of the round included existing investors, BDC Capital, and GIC, as well as new grant funding from the government of British Columbia.In November 2021, the company raised USD 130 million led by Temasek. Previously, in January 2021, General Fusion raised an undisclosed amount from Thistledown Capital, a venture capital firm established by Shopify founder Tobias Lütke.

General Fusion

Companies that facilitate renewable energy generation through next-gen advances in conventional renewable energy technologies such as solar, wind, and hydro

Companies developing long-duration stationary energy storage technologies that are essential to match the intermittent supply of renewable sources with the inflexible demand for energy. Includes utility-scale, industrial, and residential stationary energy storage solutions

Companies that facilitate renewable energy generation through disruptive bioenergy technologies such as waste to energy (WTE) and advanced biofuels

Companies that facilitate renewable energy generation through disruptive technologies such as geothermal, fusion, wave, tidal, etc.

Provides next-gen renewable energy sources and energy storage for sustainable energy consumption

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