4 San Diego-Based mostly Cleantech Startups to Pitch at Nationwide Renewable Power Labs Business Development Discussion board Competitors

Southern California Power Innovation Community firms GridWrap, SiLi-ion, TYFAST, and Looq amongst 40 firms chosen to current

SAN DIEGO, CA, February 26, 2024 – On February 20, the U.S. Division of Power’s Nationwide Renewable Power Laboratory (NREL) introduced the checklist of 40 presenters for the 2024 NREL Business Development Discussion board (IGF) being held Could 1-3, 2024, in Denver, Colorado. GridWrap, SiLi-ion, TYFAST, and Looq AI, 4 native power startups engaged in Cleantech San Diego’s Southern California Power Innovation Community (SCEIN), are among the many finalists within the nationwide cleantech competitors – chosen for his or her potential to interrupt new floor within the nationwide and international transformation to a clear power future.

GridWrap, SiLi-ion, and TYFAST had been chosen to current within the Early Stage class and Looq was chosen to current within the Business Stage class. They had been chosen by a range committee of greater than 150 local weather tech and cleantech traders and {industry} consultants who reviewed 211 candidates coming from 32 states and 11 nations, together with Canada, the UK, and India.

IGF attracts a sturdy VC viewers and convention organizers predict greater than 165 traders may maintain greater than 2,000 conferences through the occasion. For the reason that first IGF, the hassle has resulted in billions of {dollars} of investments into startup and early-stage firms.

“It’s thrilling to see San Diego’s clear power entrepreneurs making headlines and bringing their breakthrough improvements to nationwide and international levels with influential investor audiences,” mentioned Cleantech San Diego President and CEO Jason Anderson. “The SCEIN startups heading to NREL’s Business Development Discussion board this 12 months in addition to the practically 35 others we’re actively to supporting proper right here in San Diego are on a path to meaningfully remodel our power future as we all know it. It’s inspiring to assist their development and market traction.”

GridWrap is a women-owned enterprise is commercializing a patented novel expertise that can structurally strengthen grid traces through the use of superior hybrid composite supplies. GridWrap’s Composite WiRe Wrap™ will increase ampacity, the facility capability of current grid traces, and extends lifespan whereas additionally addressing thermal sagging, with no downtime and minimal capital funding. This can be a key requirement for attaining protected, resilient, and dependable 100% renewable power targets.

SiLi-Ion produces silicon nanoparticles utilizing its industry-unique, patented low-temperature plasma course of after which incases them in a patented superior graphitic flake. This ends in a three- to four-times enhance in power density and totally replaces the U.S.-identified “essential mineral” graphite. The fabric is “drop-in” prepared to make sure seamless integration into the present battery manufacturing course of.

TYFAST is growing the longest-lasting, quick charging high-energy lithium batteries for high-duty cycle and autonomous functions that function 24/7. TYFAST goals to ship battery cells with an prolonged 20,000 cycle life, an ultrafast three-minute charging functionality, and enhanced security over standard lithium batteries.

Looq AI automates the creation of 3D Digital Twins- capturing the advanced bodily world and creating detailed 3D fashions for the power sector. The corporate’s {hardware} and software program imaginative and prescient expertise cuts subject survey instances by over 100 instances, amplifies information worth utilizing its proprietary AI, and powers collaboration throughout international engineering groups. Looq is a income producing startup in its go-to-market part, devoted to bringing AI to construct a greater constructed world.

A full checklist of the presenting firms and their classes will be discovered right here.

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About Cleantech San Diego

Cleantech San Diego is a member-based enterprise affiliation that positions the higher San Diego area as a worldwide chief within the cleantech financial system and good cities motion. As a nonprofit group, Cleantech San Diego is uniquely suited to assist the {industry} by fostering collaborations throughout the private-public-academic panorama, main advocacy efforts to advertise cleantech priorities, and inspiring extra equitable funding throughout the San Diego area. Stakeholders embody greater than 130 companies, universities, governments, and nonprofits dedicated to advancing sustainable options for the good thing about the financial system, the surroundings, and all members of the neighborhood. Study extra at cleantechsandiego.org.

Concerning the Southern California Power Innovation Community

The Southern California Power Innovation Community (SCEIN) is a free incubator program for clear power startups primarily based in San Diego, Riverside, San Bernardino, and Imperial counties which can be growing applied sciences to assist California meet its local weather targets. This system offers entry to the assets and amenities of regional associate organizations and connections with {industry} so as to speed up the commercialization of rising power applied sciences. Managed by Cleantech San Diego, this system is the results of a number of grants from the California Power Fee to assist advance California’s power innovation {industry}. SCEIN functions are accepted on a rolling foundation. Anybody enthusiastic about making use of as an entrepreneur, changing into a mentor, becoming a member of the Technical Advisory Committee, or internet hosting a pilot demonstration venture, can study extra at cleantechsandiego.org/scein.

Media Contact:
Shannon Bresnahan, Cleantech San Diego, 858-568-7777, shannonb@cleantechsandiego.org

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