The University of Houston has joined the Energy Storage Research Alliance, one of two DOE-backed energy innovation hubs. Photo via Getty Images

The University of Houston was selected for a new energy storage initiative from the United States Department of Energy.

UH is part of the Energy Storage Research Alliance (ESRA), which is one of the two energy innovation hubs that the DOE is creating with $125 million. The DOE will provide up to $62.5 million in ESRA funding over a span of five years.

“To fuel innovation and cultivate a sustainable and equitable energy future, all universities, government entities, industry and community partners have to work together,” Ramanan Krishnamoorti, vice president for energy and innovation at UH, says in a news release. “No one person or entity can achieve all this by themselves. As the Energy University and a Carnegie-designated Tier One research university, located in Houston — a center of diverse talent and experience from across the energy industry — UH has a unique advantage of continuing to build on Houston’s global leadership and demonstrating solutions at scale.

The hubs will attempt to address battery challenges and encourage next-generation innovation, which include safety, high-energy density and long-duration batteries. The batteries will be made from inexpensive, abundant materials, per the release.

The work that will be done at ESRA and other hubs can optimize renewable energy usage, reduce emissions, enhance grid reliability, and assist in growing electric transportation, and other clean energy solutions.

ESRA will bring in 50 researchers from three national laboratories and 12 other universities, including UH. The deputy lead of the soft matter scientific thrust and the principal investigator for UH’s portion of the project will be Yan Yao. Yao is the Hugh Roy and Lillie Cranz Cullen Distinguished Professor at the UH Cullen College of Engineering and principal investigator at the Texas Center for Superconductivity.

UH professor Yan Yao will lead the school's participation in the program. Photo via UH.edu

ESRA will focus on three interconnected scientific thrusts and how they work together: liquids, soft matter, and condensed matter phases. Yao and his team have created next-generation batteries using low-cost organic materials. The team previously used quinones that can be synthesized from plants and food like soybeans to increase energy density, electrochemical stability and safety in the cathode. Yao’s team were the first to make solid-state sodium batteries by using multi-electron conformal organic cathodes. The cathodes had a demonstrated record of recharging stability of 500 charging cycles.

Robert A. Welch Assistant Professor of electrical and computer engineering at UH Pieremanuele Canepa, will serve as co-PI. Both will investigate phase transitions in multi-electron redox materials and conformable cathodes to enable solid-state batteries by “marrying Yao’s experimental lab work with Canepa’s expertise in computational material science,” according to the release.

Joe Powell, founding director of the UH Energy Transition Institute and a professor in the Department of Chemical and Biomolecular Engineering, will create a community benefit plan and develop an energy equity course.

“New energy infrastructure and systems can have benefits and burdens for communities,” Powell says in the release. “Understanding potential issues and partnering to develop best solutions is critical. We want everyone to be able to participate in the new energy economy and benefit from clean energy solutions.”

This project will be led by Argonne National Laboratory and co-led by Lawrence Berkeley National Laboratory and Pacific Northwest National Laboratory.

“This is a once in a lifetime opportunity,” adds Yao. “To collaborate with world-class experts to understand and develop new science and make discoveries that will lead to the next generation of batteries and energy storage concepts, and potentially game changing devices is exciting. It’s also a great opportunity for our students to learn from and work with top scientists in the country and be part of cutting-edge research.”

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Houston company lands first deal from new Blackstone energy transition fund

M&A activity

Asset manager Blackstone has agreed to buy Houston-based Dresser Utility Solutions from Connecticut private equity firm First Reserve for an undisclosed amount. First Reserve has a major presence in Houston.

The deal represents the first investment from Blackstone Energy Transition Partners V.

“Blackstone’s deep resources and experience in the utility sector make them an ideal partner as we continue to invest in innovation, expand our product portfolio, and deliver value for our customers,” Dresser CEO David Evans said in a news release.

Founded in 1880, Dresser provides metering technology, digital instrumentation and software, pressure and flow controls, and infrastructure repair products for gas and water utilities and industrial customers. The company employs about 850 people worldwide.

“As demands on the energy grid continue to grow, Dresser plays a critical role as a trusted partner to utilities managing essential infrastructure. The company’s products are foundational to the safe and reliable operation of gas and water networks, and its reputation for quality has helped build longstanding customer relationships,” David Foley, global head of Blackstone Energy Transition Partners, and JP Munfa, senior managing director, said in the release.

Blackstone Energy Transition Partners has invested more than $28 billion across the energy transition sector. New York-based Blackstone closed Blackstone Energy Transition Partners Fund IV at $5.6 billion in February 2025. Blackstone Energy Transition Partners Fund III closed in 2020 for $4.4 million, according to Pitchbook.

Other notable energy transition investments from Blackstone funds include Salt Lake City-based Energy Exemplar, French electronics manufacturing company Sediver, Plano-based Westwood Professional Services and others.

Two years ago, Dresser secured a $335 million credit facility from funds managed by asset manager Blue Owl Capital. At the time, Dresser said the money would go toward capital expenses, acquisitions and corporate needs.

This is the second notable investment Blackstone has made in a Houston-based energy company in recent months. In May, Blackstone and energy heavyweight Halliburton made a $1 billion equity investment in Houston power generation startup VoltaGrid, which provides behind-the-meter mobile power generation equipment for data centers, microgrids and industrial customers.

Houston cleantech startup closes $17M round to tap into hot geothermal sector

fresh funding

Houston-area startup Hephae Energy Technology Corp. has closed a $17.8 million Series A financing round to commercialize its geothermal technology.

The round was co-led by Pennsylvania-based Susquehanna Sustainable Investments, which invests in early-stage climatech companies, and Copenhagen-based Underground Ventures, which focuses on geothermal energy startups. Alfa8, Baruch Future Ventures, Centaurus Capital LP, Elemental Impact, Exa Ventures, Future Ventures, Grantham Foundation for the Protection of the Environment, New System Ventures and True North Institute joined the round, along with existing Houston-based investor Nabors Industries. Hyphae reports in a news release that the Series A round brings the company's total capital raised to $24.7 million.

Hephae develops ultra-high-temperature downhole sensing, measurement, communications and control systems that can withstand the heat of geothermal sites, which are hotter and deeper than traditional oil and gas reservoirs. The company's Pandora210 system can operate at up to 400 degrees Fahrenheit.

Hephae reports that it plans to use the new funding to commercialize its Pandora210 tool and to launch research and development into systems that can withstand temperatures of up to 570 degrees Fahrenheit. Houston-based Fervo Energy, for instance, recently tapped its hottest geothermal well to date in western Utah, showing temperatures above 555 degrees Fahrenheit.

"Commercial deployment represents a major milestone in our mission to scalable, always-on, emission-free power globally, with a world-class team to tackle this problem," Steve Krase, CEO of Hephae Energy Technology, said in the release." This investment enables Hephae to transition from development to scale, delivering the ultra-high temperature drilling technologies needed to support the rapid growth of the geothermal industry in the US and international markets."

Hephae has been collaborating with Fervo Energy in the field. The company told the Houston Business JournalHouston Business Journal this spring that it expected its Pandora210 technology to be deployed at its Utah sites.

“Fervo is encouraged by the early progress of our collaboration with Hephae, whose novel high-temperature innovations have the potential to contribute positively to EGS economics, unlock higher-energy geothermal resources, and further cement the competitiveness of next-generation geothermal power," Elliot Howard, director of drilling and completions at Fervo, added in the release.

As the geothermal industry continues to scale, Hephae says it aims for its technology to help companies "unlock hotter, deeper resources that result in lower produced energy costs."

The Spring-based startup was founded in 2020 by CEO Steve Krase and CTO John Clegg. Krase previously launched Navigate Energy Services, which was acquired by Nabors in 2013. Clegg is also an industry veteran and has held numerous leadership positions at energy companies, including Weatherford, NOV, Schlumberger and others.