We partner with some of the biggest names in the business to help our companies grow through investments, projects, and acquisitions.

Global Partners

Our Global Partners are leaders who are committed to transforming their organizations, demonstrating clean technologies in their home and regional markets, and collaborating as peers. We support them in several key ways, including working together to fund and deploy demonstration projects, insight into the newest technologies, connections into Silicon Valley and other markets, and fully-vetted partnership and investment opportunities.

Elemental Excelerator is created in collaboration with Emerson Collective's Elemental platform, which is focused on balancing the needs of humanity and nature by supporting scalable, equitable, and innovative solutions.

In 2013, the U.S. Navy made a $30 million commitment to our program.

Coming out of the Hawaii Clean Energy Initiative, a model for states pursuing an aggressive transition to renewable energy, the U.S. Department of Energy set aside funding for innovation. This became the seed funding for Elemental Excelerator.

Hawaiian Electric Industries was our first Global Partner. Together we have partnered on nearly a dozen demonstration projects.

Vector is New Zealand’s largest distributor of electricity and gas. They challenge and reinvent the way communities and businesses are powered and connected.

Tokyo Electric Power Company Holdings, Inc. (TEPCO) is the largest public utility in Japan, and the 4th largest utility in the world.

SK Gas is looking for technologies that bring innovation to the energy sector and has high interest in service solutions that are built around enhancing engagement with end customers.

Elemental Excelerator is partnering with HCF in looking at innovative ways to increase water efficiency, transparency, and supply.

PTT, a Fortune 500 and a member of World DJSI, is a fully integrated energy and petrochemical company in Thailand, with global footprints.

National Grid Partners is the venture investment and innovation arm of National Grid plc.

Pacific Gas and Electric Company is one of the largest combined natural gas and electric energy companies in the United States.

Innovation Partners

Our Innovation Partners are committed to transforming infrastructure systems through the deployment of clean technology and injection of capital into ecosystems as a whole. They see the strategic value in our portfolio and pipeline, as we provide direct access to dealflow, investor events, and insights into the front lines of innovation.

HomeServe USA is an independent provider of home repair service solutions since 2003. HomeServe serves more than 4 million homeowners in the U.S. and Canada and offers services with more than 700 municipal, utility and association partners in the US. And Canada.

EDF is a global, integrated energy company, one of the world's largest electricity producers, with 90% of its electricity carbon free.

ENGIE is a global energy player operating in 70 countries and employing 150,000+ people worldwide. ENGIE New Ventures is the corporate venture arm of the ENGIE Group and is one part of ENGIE’s multi-pronged approach to globally lead the 3D transformation of energy: Decarbonization, Decentralization and Digitization.

Cummins Inc., headquartered in Columbus, IN, is an independent global leader in powertrains for industrial power systems. Recognizing the pace of innovation and the evolution occurring in today’s energy markets, Cummins Growth Office is working closely with Elemental Excelerator to identify and partner with startups developing innovative energy solutions to complement and expand the Cummins product and service portfolio.

Acario is the Silicon Valley based Corporate Venture and Open Innovation arm of Tokyo Gas, the largest gas utility in Japan. Upon the deregulation of the electricity and gas markets in Japan, Acario was created to explore and invest in emerging technologies in the new energy and sustainability sectors. Their current investment focus areas include mobility solutions, renewables and energy storage, next-generation grid infrastructure and services, and sustainability.

NextEra Energy, Inc. is a Fortune 200 energy company with about 45,900 megawatts of generating capacity throughout the United States and Canada. It is the largest electric utility holding company by market capitalization, and together with its affiliated entities, it is the world's largest generator of renewable energy from the wind and sun.

Equinor Energy Ventures is a corporate venture fund that invests in clean energy startups. The fund was established in February 2016 as part of Equinor’s business within New Energy Solutions, reflecting the company’s aspirations to expand its oil and gas portfolio to renewable energy and low-carbon solutions. 

Portland General Electric, is a public utility based in Portland, Oregon. For more than 130 years, PGE has been powering customers’ lives, delivering energy that is safe, reliable and affordable. Today, customers expect more. They also want their energy to be clean and secure. PGE is committed to helping customers and the communities they serve achieve a clean energy future.

Chubu Electric Power is the third largest electric power utility in Japan.

Severn Trent is a UK-based water and wastewater company in the FTSE 100 (100 largest companies in the UK). The Severn Trent Water Authority was created as one of 10 state-run regional water utilities in 1973, and became a private company when the UK privatized its water sector in 1989. Today, the company serves 4.3 million homes and businesses in the Midland region.

Centrica is an international energy and services company headquartered in the United Kingdom.  Their purpose is to satisfy the changing needs of their customers in a rapidly evolving energy world.

Conservation International is working to build a healthier, more prosperous, and more productive planet through science, policy, and partnerships with countries, communities, and companies. Over the years, they have helped support 1,200 protected areas and interventions across 77 countries, protecting more than 601 million hectares of land, marine, and coastal areas.

Community Partners

Our Community Partners are coalitions of thought leaders, business leaders, and investors grounded in Hawaii and California who believe in the power of innovation to 
transform a place. We provide them with capacity building and funding resources that will help create a 100% renewable future in Hawaii that is inclusive, equitable, and resilient.

HTDC aims to accelerate the growth of Hawaii's technology industry by providing capital, building infrastructure and developing talent to foster innovation.

Servco Pacific Inc. is Hawaii's largest privately held company.

Since our roots in the Hawaii Clean Energy Initiative, we have worked closely with the State Energy Office to support innovation-friendly policies.

Elemental Excelerator is partnering with HCF in looking at innovative ways to increase water efficiency, transparency, and supply.

Ulupono is a Hawaii-focused impact investing firm.

Hawai'i Energy empowers island families and businesses to make smarter energy choices.

American Savings Bank is Hawaii's third-largest financial institution and is a subsidiary of Hawaiian Electric Industries.

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How Are Our Companies & Partners
Working Together?

We drive toward four outcomes: investments, pilot projects, commercial-scale roll outs, and acquisitions.

VIA Partners with Hawaiian Electric and Vector on Substation Transformer Fleet Management

VIA (cohort 6) and Hawaiian Electric are pleased to share that Hawaiian Electric has joined Global Data Asset Collaborative (GDAC™) alongside Vector. The Collaborative's goal is to reduce unexpected issues or failures, determine the right spare equipment inventory levels, and reduce the frequency of corrective maintenance.

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Vector and Chargetrip partner to ease ‘range and charge anxiety’ among EV users

Auckland energy company Vector and Dutch start-up Chargetrip (cohort 7) have teamed up to ease ‘range and charge anxiety’ among New Zealand’s rapidly growing number of electric vehicle (EV) users. To help fund the app’s adaptation to the New Zealand market, Vector and Chargetrip have been awarded a grant from Elemental Excelerator.

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Ulupono Initiative Invests In Carbon Lighthouse

Carbon Lighthouse (cohort 4), which has been working with Alexander & Baldwin on increasing energy efficiency and reducing carbon emissions at four of its buildings, has raised $27 million in growth round funding, including a $3 million investment by Ulupono Initiative, the Hawaii-based impact investing firm founded by eBay founder Pierre Omidyar and his wife, Pam.

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National Grid and TEPCO invest in Opus One

National Grid and Tokyo Electric Power jointly invested in Opus One (cohort 6) through Energy Impact Partners. Opus One is building a dynamic software platform that gives utilities, owners of distributed energy resources (DERs), and other market participants real-time insight into the DNA of the electricity distribution grid.

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