Heliogen
A renewable energy technology company that's unlocking the power of sunlight to replace fossil fuels.
| USD | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | - | 4302 % | 56 % | (94 %) | 2135 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | - | (3648 %) | 509 % | (1166 %) | (13278 %) | 225 % |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | - | (3719 %) | (1615 %) | (1033 %) | (14594 %) | 164 % |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| R&D % of revenue | - | 1791 % | 153 % | 278 % | 2368 % | 82 % |
Source: Company filings or news article
Related Content
Heliogen is a green energy startup that operates in the renewable energy sector. The company's primary focus is on replacing the use of fossil fuels in energy-intensive operations with a more sustainable and cost-effective solution. Heliogen's solution is a modular system that combines artificial intelligence (AI) controlled solar thermal technology with long-duration thermal energy storage. This system can provide renewable energy for heat and energy-intensive operations, such as process steam, green power generation, and transportation-grade green hydrogen.
Heliogen's business model is centered around providing businesses with an efficient, dispatchable alternative to fossil fuels. The company's technology uses AI, cameras, and advanced computer vision software to align an array of small mirrors that reflect and concentrate sunlight on a receiver tower. This concentrated solar thermal energy is then stored and used to generate heat, which can be used to supply carbon-free industrial steam. The company claims that this technology is more cost-effective than other renewable alternatives, making clean energy more economical than fossil fuels.
Heliogen's primary market is industries and transportation sectors that contribute to over 50% of global greenhouse gas emissions. The company's goal is to help these sectors transition to renewable energy, thereby reducing their carbon footprint. Each Heliogen module can produce enough green hydrogen fuel to supply a fleet of 18 heavy-duty trucks covering approximately 5600 miles per day.
In summary, Heliogen is a renewable energy startup that provides a cost-effective and sustainable alternative to fossil fuels for energy-intensive operations. The company's technology combines AI and solar thermal technology to generate and store renewable energy, which can be used to supply carbon-free industrial steam and green hydrogen fuel.
Keywords: Heliogen, Renewable Energy, Green Energy, Solar Thermal Technology, Artificial Intelligence, Green Hydrogen, Carbon-Free Industrial Steam, Energy Storage, Sustainable Alternative, Fossil Fuel Replacement.