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Oceanus Power & Water
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Short description

Developer of a proprietary integrated solution to deliver stored, dispatchable energy, from 10 to >1000 MW, and desal water, from 0.1 to 100 MGD. Oceanus' IPHROCES solution produces the lowest cost of energy storage and desal on the market today.

Founded in 2015
Founded in

Company type Private Public ()
Company type

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
TRL Range

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Headquarters Palo Alto, CA Palo Alto, United States
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Updated by Neal Aronson at Oceanus Power & Water, LLC on 12/07/2018

Edited by Cleantech Group on 10/02/2020

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Date Company
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Date Partner Type
Morgan Stanley Infrastructure Partners Morgan Stanley Infrastructure Partners
Acts as a financial advisor to Oceanus
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Confirmed by Morgan Stanley Infrastructure Partners
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IPO INFORMATION

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Exchange listed

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Description

Date Investors Type Amount
02/01/2018 (0)
Post-money valuation of
Growth Equity $3,850,000
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Products
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Product image Name Product status Revenue model Cost metrics

IPHROCES

Integrated Pumped Hydro Reverse Osmosis Clean Energy System

Product Development Service - Per Unit
$/kW (current)
$1750/kW (projected)
$/kWh (current)
$50/kWh (projected)
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