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Xcel Energy
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Energy and natural gas company active in wholesaling, retailing, and transmission & distribution of electric power and natural gas

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Company type Public Public (XEL)
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Industry Group energy & power

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TRL Range 9
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 Minneapolis, MN Minneapolis, United States
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Parent Companies Xcel Energy

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Date Partner Type
07/24/2023
Ambri Ambri
Ambri has announced an agreement with utility provider, Xcel Energy. The collaboration will test the 300 kWh system at SolarTAC in Colorado, USA. Operations is expected to begin in 2024.
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IPO INFORMATION

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XEL

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10/18/2023 US Department of Energy (DOE) US Department of Energy (DOE) (1)
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The funding, provided through the Grid Resilience and Innovation Partnerships program and matched by a $140 million cost share provided by Xcel Energy, will support a range of projects that enhance the grid’s resiliency in the face of fires, severe storms, and other adverse environmental conditions to better protect lives, homes and forests while reducing and preventing power outages.
 Grant $100,000,000
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