Heliogen
- Company typePrivate
- Founded2019
- HeadquartersPasadena, United States
- Headcount51–100
- GTM typeB2B
- OfferingHardware or Manufacturing
Heliogen firmographics
Firmographics- Name
- Heliogen
- Legal name
- Heliogen, Inc.
- Website
- https://heliogen.com
- Company type
- Private
- Founded year
- 2019
- Operating status
- Acquired
- Headcount range
- 51–100 employees
- Ownership category
- akta.pro rank
Heliogen industry classification
Industry- Product category
- Concentrated Solar Power & Thermal Energy Storage
- NAICS
- Solar Electric Power Generation (221114), Electric Power Generation (22111)
- SIC
- Motors & Generators (3621), Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585), Industrial Process Furnaces & Ovens (3567)
- akta.pro primary industry
- CSP Plant Development & EPC (Parabolic Trough, Tower, Linear Fresnel, Dish) (EUACAGAE)
- akta.pro secondary industries
- CSP Thermal Energy Storage & Heat Transfer Systems (Molten Salt, HTF, Receivers) (EUACAGAF), Solar Thermal & CSP Systems (Collectors, Receivers, Thermal Storage, CSP EPC) (EUAMABAL)
Keywords
Where Heliogen is headquartered
LocationHeadquarters
- HQ city
- Pasadena
- HQ country
- United States
- HQ region
- North America
Offices6 records
Markets served
Heliogen business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Technology or R&D, Personnel, Supply Chain, Operations, Infrastructure, Marketing or Sales
Revenue model
- Engineering, Procurement & Construction (EPC) Contracts: Construction of concentrated solar power facilities for industrial customers and utilities. Revenue recognized over project duration based on completion milestones.
- Engineering & Technical Services: Technology screening, techno-economic analysis, industrial heat system design, and technical project management services.
- Operating Agreements: Long-term agreements for operation of installed facilities, ongoing technical support and maintenance services.
- Product Sales: Sale of solar thermal equipment and components including heliostats and thermal storage systems.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Project-based custom pricing |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels7 records
Heliogen product offering
Product offeringCore offering
Heliogen designs, manufactures, and deploys AI-enabled concentrated solar power (CSP) systems that convert concentrated sunlight into high-temperature heat, dispatchable electricity, and green hydrogen, integrated with molten salt thermal energy storage for 24/7 renewable supply. The company sells customized solar thermal plants, heliostat equipment, hybrid PV+CSP configurations, and provides engineering and operating services to heavy industrial customers and utilities seeking to decarbonize high-temperature processes.
Product overview
Heliogen offers an integrated suite of concentrated solar energy solutions anchored by its Sunlight Refinery™ technology platform. The core offering combines Concentrated Solar Power (CSP) with Molten Salt Thermal Energy Storage and Hybrid PV+CSP systems to deliver dispatchable, 24/7 clean energy. The portfolio includes specialized solutions for data centers, industrial heat/steam applications, and green hydrogen production. Professional engineering services support technology selection, design, and project implementation.
Differentiator
Problem solved
Functional benefit
Brands
- Sunlight Refinery™: Heliogen's proprietary technology platform for producing cost-effective, carbon-free energy for heat, power, and green hydrogen.
- HelioSteam
- HelioHeat™
Products and services
- Sunlight Refinery™ Platform AI-enabled concentrating solar technology platform that converts concentrated sunlight into cost-effective, carbon-free energy for heat, power, and green hydrogen production with 24/7 dispatchability. Sold to industrial enterprises and utilities seeking decarbonization solutions.
- Concentrated Solar Power (CSP) Systems High-temperature (exceeding 1,000°C) dispatchable solar energy systems with proprietary AI-driven precision control, integrated thermal energy storage, and modular design for industrial applications including cement, steel, chemicals, and mining.
- HelioSteam – Carbon-Free Steam Dispatchable low-carbon steam solution providing heat for industrial and commercial processes including drying, pasteurizing, sterilizing, and cooking at temperatures from 60°C to 300°C.
- Hybrid Solar Power for Data Centers Dedicated hybrid solution combining CSP, PV and thermal storage for hyperscale and colocation data center applications, addressing massive 24/7 energy requirements with scalable, reliable hybrid systems.
- Capella Gen 3 CSP Demonstration First-of-its-kind 5-MWe demonstration project using solid particles to transfer and store thermal energy (Gen 3 CSP), featuring centrifugal particle receiver, particle-to-sCO2 heat exchanger, and sCO2 Brayton cycle power block.
- Professional Engineering and Technical Services Engineering and consulting services including technology screening, technoeconomic analysis, industrial heat system design, long-duration energy storage system design, and technical project management for industrial customers.
Quantifiable outcome
- Dispatchable renewable power capability for 24/7 operations
- +2 more outcomes
Companies that use Heliogen
Customer profileNamed customers4 records
Segments8 records
Ideal customer profiles3 records
Heliogen technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability5 records
Feature6 records
Heliogen partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core, regional and secondary.
- Zeo Energy Corp.coreZeo acquired Heliogen in August 2025 for approximately $10 million in stock. Combines Zeo's residential solar platform with Heliogen's long-duration energy storage expertise for data center markets.
- OmanorregionalJoint development agreement for concentrating solar power plant in Mexico. Omanor provides real estate development, permitting, and off-take services in Baja California Norte and Sonora states.
- NantG PowersecondaryStrategic collaboration to innovate solar thermal calcination design for cement production decarbonization.
- City of LancasterregionalMOU for green hydrogen generation facility. City provides site identification, permitting support, and economic development assistance. Facility expected to produce up to 1500 metric tons per year of carbon-free hydrogen.
- CarbonCapture Inc.secondaryCollaboration to develop facilities that remove carbon dioxide directly from the atmosphere using Heliogen's concentrated solar energy.
- Woodside EnergycoreJoint development of Capella project - first-of-its-kind 5 MWe Gen 3 CSP plant in Mojave, California. Woodside provided joint funding with DOE. Both parties continue evaluating opportunities for CSP deployment in Australia.
- Bloom EnergycorePartnership to produce low-cost green hydrogen. Combined Heliogen's solar thermal technology with Bloom's electrolyzer to generate hydrogen using 45% less electricity than conventional PEM and alkaline electrolyzers. Demonstrated successful hydrogen production.
- Rio TintocoreSelected Heliogen's solar technology to provide carbon-free energy to Boron mine in California. Partnership for mining industry decarbonization.
- Dimensional EnergysecondaryCollaboration to produce sustainable aviation fuel using Heliogen's solar thermal technology to decarbonize the aviation industry.
Scale indicators10 records
Recent moves10 records
Expansion highlights5 records
Heliogen competitors and assessment
Company assessmentMarket position
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Heliogen social profiles
Digital presenceHeliogen financial estimates
Financial estimateRevenue estimate
Valuation estimate
Heliogen leadership team
Management profileNumber of profiles
Profiles5 records
Heliogen funding detail
Funding detailFunding overview
Funding rounds11 records
Investors21 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Heliogen M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Heliogen
What does Heliogen do?
Heliogen designs, manufactures, and deploys AI-enabled concentrated solar power (CSP) systems that convert concentrated sunlight into high-temperature heat, dispatchable electricity, and green hydrogen, integrated with molten salt thermal energy storage for 24/7 renewable supply. The company sells customized solar thermal plants, heliostat equipment, hybrid PV+CSP configurations, and provides engineering and operating services to heavy industrial customers and utilities seeking to decarbonize high-temperature processes.
Is Heliogen a public or private company?
Heliogen is a private company. It is classified as corporate owned and is currently acquired.
When was Heliogen founded?
Heliogen was founded in 2019. It employs 51 to 100 people.
Where is Heliogen based?
Heliogen is headquartered in Pasadena, United States, in the North America region.
How does Heliogen make money?
Four revenue lines are on record. Engineering, Procurement & Construction (EPC) Contracts are the primary driver. The others are engineering & Technical Services, operating Agreements and product Sales.
Does Heliogen have an API?
No public API is recorded for Heliogen.
What industry is Heliogen in?
Heliogen's product category is Concentrated Solar Power & Thermal Energy Storage. Its primary akta.pro industry code is EUACAGAE, CSP Plant Development & EPC (Parabolic Trough, Tower, Linear Fresnel, Dish), with a secondary code of EUACAGAF, CSP Thermal Energy Storage & Heat Transfer Systems (Molten Salt, HTF, Receivers). Its NAICS code is 221114 and its SIC code is 3621.