After receiving the largest contract-to-date in 2023, Quantum Fuel Systems (Quantum), a leader in sustainable solutions for the storage and transportation of gases, obtained a second virtual-pipeline-trailer order for 2024 from VoltaGrid, an advanced energy management and generation company that supplies intelligent, affordable, clean and turnkey power and fuel solutions for remote and grid-parallel applications.
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The data center industry, a cornerstone of the digital economy, is facing a perfect storm. This impending crisis is driven by new Environmental Protection Agency (EPA) regulations on power utilities, an aging infrastructure, and the ever-increasing demand for more power fueled by the growth in computing and artificial intelligence (AI). Amidst these challenges, microgrids, particularly those powered by natural gas, emerge as the optimal solution to ensure reliability and sustainability.
Quantum Fuel Systems (Quantum), a fully integrated alternative energy company, has been selected by VoltaGrid to deliver industry-leading natural gas virtual pipeline trailers that will grow VoltaGrid’s CNG delivery capabilities. The new order will enable VoltaGrid to significantly scale its CNG platform to over 180 CNG trailers with the additional deliveries expected to start in Q3 2023.
VoltaGrid LLC (“VoltaGrid” and “Company”) and Pilot Company (“Pilot”) entered into and closed a definitive agreement for VoltaGrid to acquire substantially all assets of Pilot’s CNG compression, CNG virtual pipeline … More
VoltaGrid today announced that the Company has entered into a senior secured revolving credit facility (the “Facility”). The Facility provides the Company immediate access to USD 60 million, and up to USD 150 million under certain conditions.
VoltaGrid LLC today announced the closing of an equity raise of $100 million USD ($127.2 million CAD) that includes strategic, follow-on investments from Canada Pension Plan Investment Board (“CPP Investments”), Longbow Capital, Pilot Company, and Walter Ventures.
The Halliburton and VoltaGrid solution reduced Chesapeake’s carbon-dioxide-equivalent emissions by 32% compared to Tier 4 diesel. Read the full press release on BusinessWire.
This article showcases Startup Pill’s top picks for the best Power Grid startups. These startups are taking a variety of approaches to innovating inside of the Power Grid industry and around the world. They are all exceptional startups well worth a follow.
Remote power solutions innovation company VoltaGrid LLC has announced the closing of an equity commitment of $72.6 million from multiple institutional investors that includes strategic investments by Carnelian Energy Capital, Pilot Company, Walter Ventures, Longbow Capital and Canada Pension Plan Investment Board.