supporting startups

Greentown Labs names newest corporate partners

The nonprofit climatetech incubator with locations in Houston and Somerville, Massachusetts, has a roster of over 80 corporates that provide funding, pilot opportunities, mentorship, and more. Photo via GreentownLabs.com

Greentown Labs has accumulated several new corporate partners in the past year.

The nonprofit climatetech incubator with locations in Houston and Somerville, Massachusetts, has a roster of over 80 corporates that provide funding, pilot opportunities, mentorship, and more.

In March, Ecopetrol joined Greentown as a Terawatt Partner, the highest level partner for the incubator. The company, which the Colombian government holds a majority ownership stake in, has integrated business across the hydrocarbon value chain, as well as low emission solutions and energy transmission. The company followed TotalEnergies, which joined at the Terawatt level, in January, and GE Vernova, a global energy company, which was announced as a partner in November.

Greentown's other new Terrawatt Partners include sustainable building solutions company Holcim and Boston Consulting Group, which helped the organization enhance its strategy for the future.

"As part of the partnership, BCG guided Greentown through a mission, vision, and strategy refresh aimed at maximizing the nonprofit incubator’s impact over the next several years," reads the Greentown Labs news release.

These are the other new additions to Greentown's corporate roster at the other levels:

  • Cell Signaling Technology (Gigawatt Partner), a life science company founded, owned, and led by active research scientists
  • SLB (Gigawatt Partner), a global technology company focused on innovating oil and gas, delivering digital at scale, decarbonizing industries, and developing and scaling new energy systems that accelerate the energy transition
  • Embraer-X (Megawatt Partner), the disruptive innovation company of Embraer, the world’s third-largest aircraft manufacturer
  • Koppers (Megawatt Partner), an integrated global provider of treated-wood products, wood-treatment chemicals, and carbon compounds
  • Re:Build Manufacturing (Megawatt Partner), a family of design, engineering, and manufacturing businesses across the United States whose combined experience creates an industrial powerhouse greater than the sum of its parts

Trending News

A View From HETI

ExxonMobil says it will "slow the pace" of development of its $10 billion plastics manufacturing plant. Photo via Getty Images.

Editor's note: The top energy transition news for Oct. 15-31 includes AI integration among energy leaders and the most promising startups from an annual pitch competition. Here are the most-read EnergyCapitalHTX stories for the second half of October:

1. 2 Houston energy giants appear on Fortune’s inaugural AI ranking

ExxonMobil is on Fortune's first-ever AIQ ranking. Getty Images

Two Houston-area energy leaders appear on Fortune’s inaugural list of the top adopters of AI among Fortune 500 companies. They are: No. 7 energy company ExxonMobil, based in Spring and No. 47 energy company Chevron, based in Houston. They are joined by Spring-based tech company Hewlett Packard Enterprise, No. 19. All three companies have taken a big dive into the AI pool. Continue reading.

2. Energy Tech Nexus names 8 startup winners from Pilotathon pitch event

Eight startups were given awards at Energy Tech Nexus' Pilotathon. Photo via Getty Images.

Energy Tech Nexus held its Pilotathon and Showcase during the second annual Houston Energy & Climate Startup Week last month and granted awards to eight startups. This year's event, focused on the theme "Energy Access and Resilience," offered 24 startups an opportunity to pitch their pilot projects. Continue reading.

3. Houston organization proposes Gulf Coast index for hydrogen market

The Clean Hydrogen Buyers Alliance plans to create the Gulf Coast Hydrogen Index to bring to bring transparency and confidence to hydrogen pricing. Photo via Getty Images

The Clean Hydrogen Buyers Alliance has proposed an index aimed at bringing transparency to pricing in the emerging hydrogen market. The Houston-based alliance said the Gulf Coast Hydrogen Index, based on real-time data, would provide more clarity to pricing in the global market for hydrogen. The benchmarking effort is being designed to benefit clean hydrogen buyers, sellers and investors. The index would help position the U.S. “as the trading anchor for hydrogen’s next chapter as a globally traded commodity,” the alliance said. Continue reading.

4. Houston clean energy company to develop hybrid renewable project in Port Arthur

The new Pleasure Island Power Collective in Port Arthur is expected to generate 391 megawatts of clean power. Photo via unsplash.

Houston-based clean energy company Diligence Offshore Services has announced a strategic partnership with Florida-based floating solar manufacturing company AccuSolar for the development of a renewable energy project in the Port Arthur area. Known as the Pleasure Island Power Collective, it will be built on 2,275 acres across Pleasure Island and Sabine Lake. It is expected to generate 391 megawatts of clean power, alongside a utility-scale battery energy storage system. Continue reading.

5. Port Houston reports emissions progress as cargo volumes climb

Ric Campo says Port Houston is “moving in the right direction.” Photo via Getty Images.

Port Houston’s initiatives to reduce emissions have shown some positive results, according to new data from the Port of Houston Authority. Pulling from the Goods Movement Emissions Inventory (GMEI) report, which tracks port-related air emissions, Port Houston cited several improvements compared to the most recent report from 2019. Continue reading.

Trending News