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aVenture is in Alpha: aVenture recently launched early public access to our research product. It's intended to illustrate capabilities and gather feedback from users. While in Alpha, you should expect the research data to be limited and may not yet meet our exacting standards. We've made the decision to temporarily present this information to showcase the product's potential, but you should not yet rely upon it for your investment decisions.
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Elevate Renewable Energy is a national renewable energy development company dedicated to decarbonizing existing fossil-fuel-powered generation facilities. The company focuses on strategically deploying battery energy storage solutions to provide flexible, dispatchable zero-carbon energy. Their market focus includes electricity markets across the U.S., addressing the need for reliable renewable energy amidst the rapid growth of intermittent sources.
Elevate Renewable Energy has developed an extensive brownfield pipeline and actively participates in energy markets nationwide. By providing innovative battery storage projects, the company significantly contributes to the transition toward sustainable energy solutions. Their efforts help stabilize the grid and ensure a consistent supply of renewable energy, making a notable impact on reducing carbon emissions and promoting environmental sustainability.
Operating Status
Active
Ownership Type(s)
Private
Main Product(s)
Energy Storage, Renewable Energy
Technology
Cleantech, Battery Storage
Model Types
Project Development
Revenue Type(s)
Consulting
Customer Type(s)
Enterprise, Government
Geographic Exposure
United States
When was Elevate Renewable Energy founded?
Elevate Renewable Energy was founded in 2022.
Where is Elevate Renewable Energy’s headquarters located?
Elevate Renewable Energy’s headquarters is located in Boston, MA, US.
When was Elevate Renewable Energy’s last funding round?
Elevate Renewable Energy’s most recent funding round was for $150M (USD) in January 2023.
How many employees does Elevate Renewable Energy have?
Elevate Renewable Energy has 30 employees as of Feb 4, 2024.
How much has Elevate Renewable Energy raised to-date?
As of July 05, 2023, Elevate Renewable Energy has raised a total of $150M (USD) since Jan 31, 2023.
Add Comparison
Total Raised to Date
$150M
USD
Last Update Jan 31, 2023
Last Deal Details
$150M
USD
Jan 31, 2023
Private Equity
Total Employees Over Time
30
As of Feb 2024
Elevate Renewable Energy Address
200 Clarendon Street
Fl 55
Boston,
Massachusetts
02116
United States
Source(s): This page includes data and analysis provided by the company, OpenAI, and our research analysts