and the winners are...

3 Houston energy startups score awards at annual innovation event

Three energy tech startups secured wins at the Houston Innovation Awards. Photos courtesy

Three energy tech startups scored wins this week at the annual Houston Innovation Awards.

The awards program — hosted by EnergyCapital's sister site, InnovationMap, and Houston Exponential — named its winners on November 8 at the Houston Innovation Awards. The program was established to honor the best and brightest companies and individuals from the city's innovation community.

Eighteen Houston energy startups were named finalists last month across categories, and three won awards.

Syzygy Plasmonics, a deep decarbonization company that builds chemical reactors designed to use light instead of combustion to produce valuable chemicals like hydrogen and sustainable fuels, won in the Hardtech Business category. The company was founded in 2018 based on technology out of Rice University by Trevor Best, co-founder and CEO, who accepted the award.

ALLY Energy, a tech platform that's helping energy companies and climate startups find, develop, and retain great talent, secured a win in the Social Impact Business category, a new category that's celebrating a business providing a solution that would enhance humanity or society in a significant way. Katie Mehnert, founder and CEO, accepted the award.

The big climatetech winner of the evening was Fervo Energy, a startup leveraging proven oil and gas drilling technology to deliver 24/7 carbon-free geothermal energy. Fervo, founded in 2017 by Tim Latimer before relocating to Houston, won in the Sustainability Business category.

Click here to view all of the awards winners from the evening.

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A View From HETI

Shell USA will dismantle Volta’s network of more than 2,000 EV charging stations this year. Photo via Getty Images.

A little over two years after buying it for $169 million, Houston-based Shell USA is shutting down its Volta C electric vehicle charging business.

Shell confirmed to AdExchanger that it will dismantle Volta’s network of more than 2,000 EV charging stations this year. A Shell spokesperson said the energy giant is turning its attention to high-speed public charging stations at Shell-branded sites like gas stations and standalone EV hubs.

Around the world, Shell operates more than 70,000 public EV charging stations. In 2024, the company said it was aiming for a global total of about 200,000 charging stations by 2030.

When Shell announced in March 2023 that it had completed its acquisition of Volta, the energy company said it was gaining an EV charging network with more than 3,000 charging stations at places such as shopping centers, grocery stores and pharmacies.

Shell had said that although Volta’s revenue came from advertising on screens at EV charging stations, it planned to increase the number of charging stations that required motorists to pay for power.

Shell explored a sale of the Volta business earlier this year but didn’t find a buyer, according to AdExchanger.

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