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NETenergy
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Developer of a thermal energy storage system that stores thermal energy at night to offset peak air conditioner usage

Founded in 2013
Founded in

Company type Private Public ()
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Industry Group energy & power

Sector energy storage

TRL Range 4-6
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 Chicago, IL Chicago, United States
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Updated by Jonathan Koch at on 12/19/2017

Edited by Cleantech Group on 09/26/2024

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Joules Accelerator Joules Accelerator
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Confirmed by Joules Accelerator
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IPO INFORMATION

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Date Investors Type Amount
09/17/2024 US Department of Energy (DOE) US Department of Energy (DOE) (1)
Post-money valuation of
The grant will be used to develop and test a high-efficiency closed-loop hybrid CO2 heat pump-thermochemical system
Grant $2,000,000
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