seeing green

New global report names top cleantech startups to keep an eye on

Fervo Energy — and a few other Greentown Labs companies — made a global list of clean tech companies. Photo via fervoenergy.com

Nine Greentown Labs members were recognized on a global list honoring cleantech companies.

Houston-based Fervo Energy was named to Cleantech Group’s Global Cleantech 100 report. Cleantech Group is a research-driven company that aids the public sector, private sector, investors, and also identifies, assesses, and engages with the innovative solutions around climate challenges.

Fervo, a geothermal energy company that specializes in a renewable energy technology that uses hot water to produce electricity, debuted in 2022 on the list, and was honored in the “Energy & Power” category for the second straight year.

The other Greentown Labs, which is dual located in Houston and Somerville, Massachusetts, companies recognized on the list include:

  • Amogy, a New York-based novel carbon-free energy system using ammonia as a renewable fuel
  • Carbon Upcycling Technologies, a Canadian waste and carbon utilization company
  • Dandelion Energy, New York-based company offering ground source heat pumps for most homes
  • Energy Dome, a Milan-based company addressing the problem of long-duration energy storage
  • e-Zinc, a Canadian company with a breakthrough electrochemical technology for energy storage
  • Nth Cycle, a Massachusetts company with sustainable metal refining
  • Raptor Maps, a Massachusetts company with a software platform for solar assets' performance data management
  • Sublime Systems, a Massachusetts companydeveloping a breakthrough process for low-carbon cement
  • WeaveGrid, a California company working with utilities, automakers, EVSEs, and EV owners to enable and accelerate the electrification of transportation

The number of nominations from the public, a panel, i3, awards and Cleantech Group totaled 25,435 from over 65 countries, which is a 61% increase from the 2023 nomination process. Winners were chosen from a short list of 330 companies by a panel of over 80 industry experts.

While not on the list, Beaumont-based Fortress Energy was mentioned for its electrolyzer supply agreement with Cleantech Group 100 winner Electric Hydrogen.

The Cleantech Group 100 was started 15 years ago.

“In 15 more years, we will be at 2039—by which time, a mere decade out from the ‘net-zero’ target of 2050,” Cleantech Group CEO Richard Youngman says in the report. “I would expect the composition of our annual list to have markedly changed again, and the leading upcoming private companies of that time to reflect such.”

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A View From HETI

Kids’ Meals will use the gift toward its new campus, a 50,000-square-foot facility in Spring Branch. Photo courtesy of Kids' Meals

At its annual Harvest Luncheon last week, Kids’ Meals, a a nonprofit combatting childhood food insecurity and hunger, received a huge boost: a $3 million gift from ExxonMobil. The gift makes a milestone for the organization.

“We are incredibly grateful to ExxonMobil for the generous $3 million donation, which is the largest corporate donation Kids’ Meals has ever received, both in size and in impact,” CEO Beth Harp said in a statement.

The nonprofit will use the gift toward its new campus, a 50,000-square-foot facility in Spring Branch. Kids’ Meals broke ground on the project in June.

The new building will nearly triple the size of its current headquarters, further helping Kids’ Meals achieve its goal of serving 26,000 children each weekday by 2031. The organization currently serves over 9,000 children every weekday through its 18,500-square-foot headquarters in Garden Oaks. The new building will carry Exxon-Mobil’s name.

“In establishing the Kids’ Meals ExxonMobil Campus, we will be able to expand our programs, reach more children in need, and make a lasting impact on the lives of countless families in the Houston area,” said Harp. “Together, we’re feeding the future and providing hope.”

Founded in 2006, Kids’ Meals serves children ages five and under, and is the only organization in the country that delivers free, healthy meals to the doorsteps of Houston’s hungriest children. Since its inception, the organization has delivered more than 14 million meals to children in 56 Houston-area zip codes. After delivering a record-breaking 2.4 million meals in 2023, the nonprofit is on track to deliver 2.7 million meals in 2024.

The Harvest Luncheon is the nonprofit’s biggest event of the year. The event raises funds to provide more than 500,000 meals for preschool-aged children. Houston Mayor John Whitmire’s daughters, Sarah and Whitney, chaired the event. Best-selling author Bob Goff served as keynote speaker.

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This article originally ran on CultureMap.

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