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Echogen Power Systems
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Developer of a thermal engine technology

Founded in 2007
Founded in

Company type Private Public ()
Company type

Industry Group energy & power

Sector energy recovery

TRL Range 7-8
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters Akron, OH Akron, United States
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Updated by Philip Brennan at Echogen Power Systems on 03/19/2018

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Date Company
06/02/2015

Doosan Heavy Industries & Construction Doosan Heavy Industries & Construction

Doosan Heavy Industries has signed an agreement with Echogen Power Systems, LLC to be the exclusive provider of Echogen's heat-to-power system for use in steel and cement production facilities worldwide. Doosan Heavy Industries is world renowed EPC and OEM for the power and water industries. Doosan is actively seeking customers for the engines which will be manufactured exclusively by them.

Confirmed by Doosan Heavy Industries & Construction

Partnerships
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Date Partner Type
03/20/2023
Free Electrons Free Electrons
Part of Free Electrons 2023 Cohort.
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Confirmed by Free Electrons
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IPO INFORMATION

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Date Investors Type Amount
11/12/2019 US Department of Energy (DOE) US Department of Energy (DOE) (1)
Post-money valuation of
This project will develop a large-scale, low-cost, single-shaft compressor for supercritical carbon dioxide (sCO2) power cycles and energy storage systems to improve the performance of concentrating solar-thermal power systems.
Grant $4,400,000
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Products
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Product image Name Product status Revenue model Cost metrics

EPS100 Heat Recovery System

Power generation cycle that uses a modified Rankine cycle with supercritical carbon dioxide as the working fluid. The compact, "water-free"engine replaces the steam cycle at a 35% reduction in installed cost, and a projected 50% reduction in O&M.

Wide Commercial Availability Products - Wholesale
$/kW (current)
$/kW (projected)
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