Staying ahead of the technology curve means strengthening your competitive advantage. That is why we give you data-driven innovation insights into the energy industry. This time, you get to discover five hand-picked power generation startups.
Out of 680, the Global Startup Heat Map highlights 5 Top Power Generation Startups
The insights of this data-driven analysis are derived from the Big Data & Artificial Intelligence (AI)-powered StartUs Insights Discovery Platform, covering 2 093 000+ startups & scaleups globally. The platform gives you an exhaustive overview of emerging technologies & relevant startups within a specific field in just a few clicks.
The Global Startup Heat Map below reveals the distribution of the 680 exemplary startups & scaleups we analyzed for this research. Further, it highlights five power generation startups that we hand-picked based on criteria such as founding year, location, funding raised, and more. You get to explore the solutions of these five startups & scaleups in this report. For insights on the other 675 power generation solutions, get in touch with us.
HYDROGRID enables Hydropower Plant Optimization
Founding Year: 2016
Location: Vienna, Austria
Funding: USD 1,8 M
Partner for Intelligent Hydropower Operations
Hydrogrid is an Austrian startup that provides an Internet of Things (IoT) solution for the optimal control of hydropower plants. The startup uses econometrics, neural networks, and machine learning (ML) to collect and analyze operational as well as meteorological data. This results in accurate predictions of supply and market prices, enabling adjustments in power production to increase revenue. The startup also offers models of the power plant’s topology and turbines to enable fully-automated dispatch solutions. With these features, Hydrogrid’s product increases returns, avoids monotonous tasks, and reduces the environmental impact of hydropower projects.
Abucco improves Solar Power Plant Efficiency
Founding Year: 2020
Location: Tallinn, Estonia
Funding: USD 27 500
Innovate with abucco to increase Solar Power Plant Feasibility
Estonian startup Abucco develops an AI platform to improve the efficiency and feasibility of solar power plants. The platform collects data from different equipment, like inverters, meters, and sensors, to detect improvement and cost reduction opportunities. This includes prevention and early detection of failures combined with precise fault analysis to optimize maintenance regimes. Besides, the startup’s solution accepts operational data irrespective of equipment vendors, enabling solar energy companies to increase their revenues and acquire new contracts.
Mowea develops Modular Wind Power Solutions
Founding Year: 2016
Location: Berlin, Germany
Funding: USD 600 000
Reach out to Mowea for Standardized Micro Wind Turbines
German startup Mowea provides standardized micro wind turbines optimized in various dimensions such as aerodynamics, drive, and efficiency. The startup’s smaller individual turbines are relatively cost-effective as well as easy to transport and install. The modular turbines, coupled with smart control options, reduce maintenance requirements and are scalable individually. Mowea’s Net, String, and Cube wind turbine modules, in this way, are suitable for deployment in industrial and building applications.
21TDMC facilitates Power Plant Waste Heat Recovery
Founding Year: 2018
Location: Helsinki, Finland
Funding: USD 168 000
Use this solution for High-Performing Power Generators
21TDMC is a Finnish startup that develops its Pentti engine that efficiently transforms low-grade heat to power. The startup’s engine recirculates heat to extract the maximum amount of energy from burnt fuels and supplies it as mechanical power. This decreases the fuel consumption and the carbon dioxide emissions of combustion power generators.
ThorCon develops Liquid Fission Power Plants
Founding Year: 2016
Location: Stevenson, USA
Innovative with ThorCon for Rapidly Deployable Molten Salt Fission Reactors
US-based startup ThorCon develops a molten salt fission reactor that uses fuel in the liquid form. The startup’s reactor design provides a ready-to-go solution for clean nuclear power that operates under test within four years, while optimizing for productivity, quality control, and build time. Additionally, the reactor’s structure allows for repairs and upgrades of parts with little interruption in power output. ThorCon’s solution thus enables the rapid setup of zero-carbon power generation stations.
Discover more Energy Startups
Energy startups such as the examples highlighted in this report focus on solar energy, hydropower, modular energy systems, nuclear energy, energy-efficient designs as well as predictive maintenance and AI. While all of these technologies play a major role in advancing the energy industry, they only represent the tip of the iceberg. To explore energy technologies in more detail, simply let us look into your areas of interest. For a more general overview, download our free Energy Innovation Report to save your time and improve strategic decision-making.