CleanDesign Secures $20M Investment for Hybrid Energy Technology Expansion
CleanDesign has secured a $20 million investment from Edison Partners to enhance its Hybrid Energy Management Systems (hEMS). This funding aims to meet increasing demand from oil, gas, and mining sectors for energy efficiency and reduced operational costs.
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CleanDesign has received a $20 million growth investment from Edison Partners to accelerate the deployment of its Hybrid Energy Management Systems (hEMS) in North America. This investment is driven by rising demand from oil and gas operators and mining companies aiming to reduce fuel costs and enhance uptime while adhering to environmental standards.
The hEMS platform integrates battery storage with AI-driven software, optimizing power usage and achieving up to 20% emissions reduction without disrupting existing infrastructure. CleanDesign's systems have been effective in remote areas, where diesel prices can reach $10 per gallon, reducing diesel consumption by 10-15%. The investment will enable further development of CleanDesign's products, including the Highline system, and expand its market presence.
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