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Grid Essence

gridessence.com

Stage

Line of Credit | Alive

Total Raised

$126.3M

Last Raised

$126.3M | 9 yrs ago

About Grid Essence

Grid Essence was established to become an independent power producer producing energy from 100% Renewable Energy Sources ("RES"). Grid Essence's mission is to own and operate at least one gigawatt of renewable energy producing plants within the next 5 years, initially focusing on solar generation. Grid Essence wishes to build a solid platform as a RES power producer to take advantage of the upside offered by evolving renewable energy technologies such as energy storage.

Headquarters Location

Place de la Gare 4

Lausanne, CH-1001,

Switzerland

+41 21 324 8880

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Expert Collections containing Grid Essence

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

Grid Essence is included in 1 Expert Collection, including Energy Storage.

E

Energy Storage

1,236 items

This collection includes large and small energy storage technology, from grid-scale molten salt containers to small, thin-film lithium-ion batteries.

Latest Grid Essence News

BioEnergy Bytes

Feb 27, 2014

Reply Yingli Green Energy Holding Company Limited has announced that it will supply 54 MW of solar modules to seven projects in the United Kingdom that are developed by Grid Essence UK Ltd., a wholly-owned subsidiary of Grid Essence Holdings Ltd. The company’s multicrystalline YGE Series modules will be installed in ground-mounted solar projects located in the south of England and Wales. Construction has already begun with the projects scheduled for grid connection by the end of Q1 2014. The seven solar power plants will generate an estimated total of 54,500 MWh of green electricity per year. VIASPACE Inc. has conducted a full production scale test of Giant King Grass grinding equipment in Portland, Oregon. 6,000 pounds of 18 foot tall Giant King Grass stalks were cut and shredded in a few minutes in a test of a candidate grinder for the 12 MW Giant King Grass power plant being developed in Nicaragua. The grinding test was conducted on a large, stationary, horizontal grinder that was installed at the Greenway Recycling Facility in Portland, Oregon. Three tons of Giant King Grass were harvested from the VIASPACE propagation nursery in California and were then transported to Portland for the test. RGS Energy has been selected to deploy solar power systems for the Yavapai County Facilities and Parks Department at the Yavapai County Superior Court and Detention facility in Camp Verde, Arizona. The company will design and deploy the solar power systems, which will be installed on parking canopies at the Superior Court and next to the Yavapai County Detention facility. The project will total 791 kilowatts of solar power and is expected to generate a total of 1.2 million kilowatt hours annually. U.S. Geothermal Inc. has announced that it has finalized the strategic and financial partnership with a subsidiary of Enbridge Inc . The Neal Hot Springs Geothermal Plant, located near Vale, Oregon, was developed and is being operated by USG Oregon LLC. The Enbridge equity investment, along with a loan guarantee from the U.S. Department of Energy, funded the remaining construction costs. Total investment in the development and construction of the project by U.S. Geothermal was USD $14 million.

Grid Essence Frequently Asked Questions (FAQ)

  • Where is Grid Essence's headquarters?

    Grid Essence's headquarters is located at Place de la Gare 4, Lausanne.

  • What is Grid Essence's latest funding round?

    Grid Essence's latest funding round is Line of Credit.

  • How much did Grid Essence raise?

    Grid Essence raised a total of $126.3M.

  • Who are the investors of Grid Essence?

    Investors of Grid Essence include Deutsche Bank.

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