project-development
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ignis H2 Energy Inc.
ignis H2 Energy is a Houston-based geothermal exploration and development company that applies oil-and-gas subsurface expertise, AI/ML prospecting and a technology-agnostic approach to find, prove and produce always-on geothermal power. Founded in 2021 by former Goldman Sachs banker Richard Calleri, the company is building a globally diversified, risk-balanced portfolio of geothermal projects across Turkey, the Western U.S. and Alaska, aiming for one gigawatt of documented producible reserves by 2030. It closed a $13.6M Series A round in June 2025.
Orenda, Inc
Orenda, Inc is a Brooklyn-based renewable energy company that develops, builds, and operates standalone battery energy storage projects across densely populated Downstate New York. Founded in 2020, Orenda handles the full lifecycle - site diligence, permitting, interconnection, engineering, construction, financing, and ongoing asset management - and pairs it with an AI/ML software platform that forecasts energy prices and optimizes when its battery fleets charge and discharge. The company claims roughly a 34% market share in New York City with a development pipeline of about 920 MW / 2.7 GWh, and is co-developing roughly 675 MW of distributed storage with the New York Power Authority.
Zero Industrial Inc.
Zero Industrial is a Charleston, South Carolina developer that decarbonizes industrial heat using thermal energy storage (TES). Instead of burning gas, oil or coal to make heat and steam, its systems charge on cheap off-peak or curtailed clean electricity and discharge it as high-temperature heat. The company finances, builds and operates each project itself, then sells clean heat or steam to factories under long-term Heat-as-a-Service contracts with no upfront capital required from the customer.
Euclid Power
Euclid Power is a New York-based operating system for renewable energy projects, pairing an AI-driven software platform with expert services across the development, financing, construction, and operations lifecycle. Founded in 2021 by former Goldman Sachs and Generate Capital energy professionals, Euclid turns scattered project documents into a single source of truth, helping developers, investors, and asset owners cut diligence and transaction timelines from months to days. It has been embedded in more than 1,000 solar and storage projects, onboarded over 12 GW of capacity, and supported $10B+ in renewable energy investment.