About Advanced Power
Advanced Power is a privately owned, global developer, manager, and owner of modern power infrastructure. As an independent power producer, the company develops low-carbon and renewable electric-generating projects in North America and Europe. It was founded in 2000 and is based in Zug, Switzerland.
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Advanced Power Patents
Advanced Power has filed 15 patents.
Semiconductor device fabrication, Semiconductor devices, Transistor types, Solid state switches, Diodes
Semiconductor device fabrication, Semiconductor devices, Transistor types, Solid state switches, Diodes
Latest Advanced Power News
Jan 26, 2023
News provided by Share this article The project to eliminate 300,000 metric tons of CO2 emissions in Texas FORT BEND, Texas, Jan. 26, 2023 /PRNewswire/ -- Bechtel announced the completion of the Cutlass Solar project in Fort Bend, Texas. The solar photovoltaic project added 140 MWDC to the Electric Reliability Council of Texas' Houston Zone, enough to power approximately 20,000 homes with zero-carbon electricity and eliminate 300,000 metrics tons of CO2 emissions. Cutlass Solar - The solar photovoltaic project added 140 MWDC to the Electric Reliability Council of Texas’ Houston Zone, enough to power approximately 20,000 homes with zero-carbon electricity and eliminate 300,000 metric tons of CO2 emissions. "Bechtel is supporting America's energy transition by providing development capital for critical projects like Cutlass, and by building our own specialty solar construction equipment fleet and developing and deploying a digital execution platform for our renewable customers," said Kelley Brown, EPC Operations manager, North America Core Renewables, Bechtel Infrastructure. "We are committed to doing our part to help promote a decarbonized environment for future generations." Bechtel partnered with Advanced Power in the development of Cutlass Solar through Bechtel Enterprises, the company's project development and financing arm. "This is an important milestone in the long-standing partnership between Advanced Power and Bechtel, "said Matt Strangfeld, managing director, Bechtel Enterprises. "Bechtel is committed to efficiently creating new, high-quality clean energy projects through our integrated project development and construction approach." At the peak of construction, Bechtel parented with local contractors, and filled more than 300 jobs with workers from the area. Bechtel performed the engineering, procurement, and construction, and provided full turnkey services including the procurement and delivery of nearly 345,000 solar panels—successfully navigating shipping and logistics constraints and the US import requirements in record time. Together with Advanced Power, the owner of the project, Bechtel developed innovative contracting solutions to advance the project and minimize completion delays. "We are proud to continue our role as global developer, manager, and owner of renewable and low-carbon energy infrastructure in partnership with Bechtel as our EPC," said John Coleman, Advanced Power's director of construction. "Cutlass is the fourth clean power project successfully delivered together that is displacing CO2 emissions around the globe." Bechtel is currently working on over two gigawatts of solar and wind power projects in various stages of development and construction throughout the United States. Applying its project development capabilities and EPC experience and expertise, Bechtel has capacity to participate in innovative clean energy and renewables projects from the development stage through commissioning and handover to ensure schedule certainty, local content, systems integration, and sustainability. Cutlass Solar is the fourth project Bechtel has delivered for Advanced Power. About Bechtel Bechtel is a trusted engineering, construction and project management partner to industry and government. Differentiated by the quality of our people and our relentless drive to deliver the most successful outcomes, we align our capabilities to our customers' objectives to create a lasting positive impact. Since 1898, we have helped customers complete more than 25,000 projects in 160 countries on all seven continents that have created jobs, grown economies, improved the resiliency of the world's infrastructure, increased access to energy, resources, and vital services, and made the world a safer, cleaner place. Bechtel Enterprises is the project development and financing services arm of Bechtel, serving customers across all of Bechtel's markets. Bechtel Enterprises has partnered with businesses and governments to complete over 100 infrastructure projects around the globe representing more than $90 billion of capital investment. Bechtel serves the Energy; Infrastructure; Manufacturing & Technology; Mining & Metals; and Nuclear, Security & Environmental markets. www.bechtel.com About Advanced Power Advanced Power is a privately-owned global developer, manager, and owner of modern power infrastructure. As an independent power producer, the company develops low-carbon and renewable electric generating projects in North America and Europe. Advanced Power presently has 8 gigawatts in development or operations in the United States and Europe. Advanced Power is focused on advancing a sustainable energy future, bringing reliable energy to places that need it, providing economic benefits and jobs to communities while making massive contributions to reducing CO2 emissions. Founded in 2000, the company has offices in Boston and Houston and is headquartered in Zug, Switzerland. Media contact:
Advanced Power Frequently Asked Questions (FAQ)
When was Advanced Power founded?
Advanced Power was founded in 2000.
Where is Advanced Power's headquarters?
Advanced Power's headquarters is located at Baarerstr. 78, Zug.
What is Advanced Power's latest funding round?
Advanced Power's latest funding round is Line of Credit.
How much did Advanced Power raise?
Advanced Power raised a total of $60M.
Who are the investors of Advanced Power?
Investors of Advanced Power include Credit Agricole Corporate and Investment Bank, Sequoia Capital, 3i Group and Redpoint Ventures.
Who are Advanced Power's competitors?
Competitors of Advanced Power include PowerLight Technologies, Energy Future Holdings, Lawrenceville Plasma Physics, US Power Generating Company, Power Tagging Technologies and 9 more.
Compare Advanced Power to Competitors
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Calabazas Creek Research, Inc. is a Palo Alto, CA based company that has received a grant(s) from the Department of Energy's SBIR/STTR program. The abstract(s) for these grant award(s) are provided as well since they provide insights into Calabazas Creek Research, Inc.'s business and areas of expertise. This project will focus on increasing the efficiency of the analysis and design of components used in over-moded transmission lines. Over-moded transmission lines are used for a variety of applications for low loss transmission of microwave and millimeter waves. Efficient, high power, radio frequency sources are required for many planned and proposed accelerator programs. This project will develop a new radio frequency source that would be more efficient, more compact, and less costly then existing alternatives. This project will develop a 10 MW, 1.3 GHz annular beam klystron. The advanced design of the ABK is offers system costs that are significantly lower than those possible with conventional klystrons. The ABK will be useful for research and medical accelerators, and national defense and commercial applications. Successful development of a high power multiple beam klystron would provide an RF source for powering several accelerator systems desired at frequencies around 200 MHz. The proposed source would find applications in the United States, Europe, and Asia. This project will develop an advanced simulation code for photoinjectors that will help improve high-energy accelerator light-source performance benefiting applied research in biology, materials science and defense/security. This project will allow analysis of electrical breakdown on dielectric surface that increases the cost and reduce reliability of high power devices for high energy physics, defense, medical, and industrial applications. Successful development will allow design of more cost effective high power devices with increased reliability. This project will develop a new design tools for inductive output tubes. This will provide higher efficiency RF sources for driving high energy accelerators. High power waterload are necessary to meet the U.S. obligation to the ITER program for fusion energy research. This project will satisfy the ITER requirement and provide a waterload for other fusion facilities around the world. This project will investigate fundamental mode and higher order mode (HOM) IOTs for potential accelerator applications. Successful development of multiple beam inductive output tubes will demonstrate a new, high efficiency source for many high power RF applications. The device is simpler, more efficient, and less expensive then current devices. This program will develop new power coupler technology for the ILC. The technology developed will significantly advance the state-of-the-art in coupler design and be applicable to many world-wide accelerator projects. A fundamental mode (FM) multiple beam (MB) inductive output tube (IOT) is a candidate RF source to provide this power. The FM MB IOT offers compactness and improved efficiency. This program will generate designs for all major tube components. Successful development of multiple beam inductive output tubes will demonstrate a new, high efficiency source for many high power RF applications.
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