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Corporation
ENERGY & UTILITIES | Renewables / Hydrogen/Fuel Cell
clearedgepower.com

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Founded Year

2000

Stage

Acquired | Acquired

Total Raised

$138.82M

About ClearEdge Power

ClearEdge Power provides distributed energy generation solutions to commercial, institutional and residential customers. The company designs, manufactures and sells a suite of continuous onsite power systems that use fuel cell technology to efficiently deliver predictable, clean and cost-effective power. This enables customers to increase independence from the power grid, save money and reduce green house gas emissions. The ClearEdge Power corporate management systems are certified to ISO 9001 and ISO 14001.

ClearEdge Power Headquarter Location

195 Governors Hwy

South Windsor, Connecticut, 06074,

United States

Latest ClearEdge Power News

After acquisition and bankruptcy, ClearEdge Energy’s fuel cell gear is up for grabs

Aug 26, 2014

Aug 26, 2014, 9:53am PDT Updated: Aug 26, 2014, 10:10am PDT After acquisition and bankruptcy, ClearEdge Energy's fuel cell gear is up for grabs Email  |  Twitter  |  Google+ The fuel cell-making gear of the former ClearEdge Energy are up for grabs just three months after the company filed for bankruptcy and a month after it was acquired. Korean-based Doosan Corp. acquired the assets of ClearEdge and subsequently hired an auction team to dispose of its laboratory, testing, machine shop and other equipment that cost an estimated $30 million when new. Bidding in the online-only sale of the facility’s assets — which also includes office furnishings, networking, computer, and audio/visual equipment—will open Sept. 2 online , and will close in rapid succession, live auction style, at 10:30 a.m. Sept. 9. The assets will be available for inspection from 10 a.m. to 4 p.m. Sept. 8, at the company’s facility, 7205 N.W. The auction is being conducted by Tiger Group’s Remarketing Services Division, Hackman Capital and CA Global Partners. A description of the auction and items is available online. Doosan acquired ClearEdge in July and subsequently launched Doosan Fuel Cell Inc. with headquarters in Connecticut. ClearEdge Power formed in Hillsboro but moved its headquarters to Sunnyvale, California in 2013. It filed for protection from creditors under Chapter 11 of the U.S. Bankruptcy Code on May 1 in U.S. Bankruptcy Court for Northern California. While the assets have been sold, the bankruptcy case continues to work its way through the court. The court is waiting for a disclosure statement from the company, according to the court records database. ClearEdge is represented by five law firms, two in New York and three in Palo Alto. Wendy Culverwell covers sustainable business, manufacturing and law. Related links:

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Expert Collections containing ClearEdge Power

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

ClearEdge Power is included in 1 Expert Collection, including Renewable Energy.

R

Renewable Energy

2,741 items

Includes companies working on technology to support renewable energy generation.

ClearEdge Power Patents

ClearEdge Power has filed 17 patents.

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Grant Date

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Related Topics

Status

10/25/2011

6/20/2017

Fluid dynamics, Fuel cells, Photovoltaics, Aerodynamics, Energy conversion

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6/20/2017

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Fluid dynamics, Fuel cells, Photovoltaics, Aerodynamics, Energy conversion

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