The Amazon Clean Energy Accelerator 4.0 cohort, announced in August 2024, features 21 startups focused on "the needs of enterprises looking to accelerate their energy transition through emerging technologies."
The accelerator offers co-innovation partnerships and trials between the startups and energy companies, utilities & industrial corporations, Amazon notes.
Six key areas of focus include:
- Decarbonizing Amazon's own operations.
- Generative AI solutions for clean energy.
- Water tech acceleration.
- Energy storage.
- Grid modernization and security.
- Alternative fuels.
Amazon, which announced the accelerator members on August 14, will host in-person business sprints in October 2024; virtual mentorship services in November 2024; and an in-person innovation showcase in March 2025, the company said.
21 Clean Energy Startups to Know
Here's a list of startups participating in the Amazon Clean Energy Accelerator 4.0 cohort:
1. BET Motors (EV Truck Solutions)
Founded: 2023
Headquarters: Graz, Styria, Austria.
BET Motors has developed an EV truck chassis platform that boosts efficiency and sustainability, enhancing range while reducing costs. The company's mission: "Develop the groundbreaking new technology for the next generation electric trucks delivering maximum range and payload at minimum cost of ownership."
2. BlocPower (Building Decarbonization)
Founded: 2014
Headquarters: Brooklyn, New York.
Block Power provides a "one-stop-shop" of turnkey software, financing, construction, and engineering expertise to make the building electrification process smoother. They use AI and fintech to decarbonize buildings and whole cities.
3. ChargeWheel (EV Charging)
Founded: 2021
Headquarters: Burlingame, California.
ChargeWheel develops bidirectional battery and software technology can upgrade grid power levels at data centers and EV charging sites. Their high-capacity battery packs and intelligent energy management systems can mitigate peak loads, ensuring efficient and reliable power supply.
4. DeepIQ (Software)
Founded: 2016
Headquarters: Houston, Texas.
DeepIQ develops an AI-powered platform combining IT-OT contextualization to provide industrial experts a 360° view of enterprise data for scalable insights. DeepIQ has been employed by clean energy companies to discover rare earth metals critical for the energy transition, measure carbon sequestration, and optimize operations to reduce emissions.
5. EH Group (Hydrogen Fuel Cell Technology):
Founded: 2017
Headquarters: Nyon, Vaud, Switzerland
EH Group focuses on the decarbonization of heavy duty mobility, large stationary power, and aviation where batteries alone are insufficient.  Their unique fuel cell stack technology, offers unrivalled performance, efficiencies and radical cost reductions.
6. Electriq (Hydrogen Power)
Founded: 2014
Headquarters: Tirat Carmel, Israel
Electriq develops sustainable, circular, and zero-emission hydrogen powder for off-grid and mobile applications.
7. Faradai (Software)
Founded: 2017
Headquarters: London, United Kingdom
The company provides enterprise AI software for digitizing and automating net zero efforts. By combining granular data, advanced machine learning algorithms, and deep sustainability expertise, they provide real time data acquisition, data management, compliance, and reporting tools to help large companies decarbonize their facilities.
8. Genesis Systems (Water Scarcity)
Founded: 2017
Headquarters: Tampa, Florida
Genesis develops WaterCube products -- which generate hundreds to millions of gallons of sustainable fresh water from air while capturing carbon, helping solve the global water and climate crisis with residential, commercial, industrial, municipal, and government applications at utility-scale.
9. Moment Energy (Battery Energy Storage Systems)
Founded: 2019
Headquarters: Coquitlam, British Columbia, Canada
Moment Energy develops battery energy storage systems made from repurposed electric vehicle batteries.
10. NET2GRID (Software)
Founded: 2011
Headquarters: Zeist, Utrecht, the Netherlands
Net2Grid's SaaS platform analyzes residential energy data to deliver detailed household energy profiles and insights for personalized customer experience and business intelligence.
More: Continue to page 2 for clean energy startup companies 11 through 21. Related List: See more than 50 accelerators for climate tech and green IT startups.