ClearEdge Power
ClearEdge Power, founded in 2003 and headquartered in Hillsboro, Oregon, develops stationary PEM fuel cell systems that generate electricity with reduced carbon emissions for commercial, industrial, and utility customers. The company raised approximately $161M across nine funding rounds from 2006 to 2014, and shows no recorded operating activity since early 2014.
- Company typePrivate
- Founded2003
- HeadquartersHillsboro, United States
- Headcount251–500
- GTM typeB2B
- OfferingHardware or Manufacturing
What ClearEdge Power does
ClearEdge Power, founded in 2003 and headquartered in Hillsboro, Oregon, is a US-based stationary fuel cell company that developed PEM (proton exchange membrane) fuel cell systems designed to improve energy efficiency and reduce carbon emissions for commercial, industrial, and utility customers. The company's products generated electricity through an electrochemical reaction between hydrogen (typically reformed from natural gas) and oxygen, producing electricity with water and heat as byproducts. While specific product names, pricing, and detailed technical architecture are not disclosed in available sources, the system positioning and investor mix — notably Southern California Gas as a strategic backer — indicates the company targeted distributed generation applications deployed through utility channels and direct commercial sales. Across its operating history the company raised approximately $161 million in nine disclosed funding rounds between 2006 and 2014, with Applied Ventures acting as the most consistent early investor, Artis Ventures leading the largest 2011 round, and Pacific Northwest National Laboratory providing federal-research alignment.
The company's revenue model and segment economics are not publicly disclosed, and there are no known partners, named end-customers, or pricing details available. Headcount was last reported in the 251-500 range, consistent with a capital-intensive fuel cell manufacturing operation. Critically, no corporate signals have been observed since the March 2014 funding round: the company's official website (clearedgepower.com) returns a FASTPANEL server error page, no leadership changes have been disclosed beyond a single VP of Human Resources (Mari Simmons), and no product launches, partnerships, certifications, M&A activity, or regulatory actions appear in available records. This pattern is consistent with operational contraction, restructuring, asset sale, or cessation, though no explicit confirmation of current operating status is available in the provided sources.
ClearEdge Power firmographics
Firmographics- Name
- ClearEdge Power
- Website
- https://clearedgepower.com
- Company type
- Private
- Founded year
- 2003
- Headcount range
- 251–500 employees
- Short description
- ClearEdge Power, founded in 2003 and headquartered in Hillsboro, Oregon, develops stationary PEM fuel cell systems that generate electricity with reduced carbon emissions for commercial, industrial, and utility customers. The company raised approximately $161M across nine funding rounds from 2006 to 2014, and shows no recorded operating activity since early 2014.
- Ownership category
- akta.pro rank
ClearEdge Power industry classification
Industry- Product category
- Stationary Fuel Cells
- NAICS
- Motor and Generator Manufacturing (335312), Electric Power Generation (22111)
- SIC
- Motors & Generators (3621), Cogeneration Services & Small Power Producers (4991)
- akta.pro primary industry
- Fuel Cell Distributed Generation (Hydrogen/Natural Gas SOFC/PEM) (EUACALAK)
- akta.pro secondary industries
- Fuel Cell CHP (SOFC/PEM—Natural Gas/Biogas/Hydrogen) (EUACAKAG), Onsite Low-Carbon Heat & CHP (Electrified CHP, Fuel Cells, Renewable CHP) (EUABAJAI)
Keywords
Where ClearEdge Power is headquartered
LocationHeadquarters
- HQ city
- Hillsboro
- HQ country
- United States
- HQ region
- North America
Markets served
ClearEdge Power business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Technology or R&D, Personnel, Operations
ClearEdge Power product offering
Product offeringCore offering
ClearEdge Power manufactures stationary fuel cell systems that generate electrical power with improved energy efficiency and reduced carbon emissions compared with conventional generation. The company's products are sold to commercial, industrial, and utility customers seeking on-site clean power, as evidenced by its investor base which includes Southern California Gas and the broader stationary fuel cell market it serves.
Product overview
ClearEdge Power is a company operating in the fuel cell market. Based on the source data, no specific product names, offerings, or portfolio details are available. The news article references the company's involvement in the broader fuel cell industry, which is forecast to grow from USD 8.73 billion in 2024 to USD 38.25 billion by 2030. No structured product information is present in the provided sources.
Differentiator
Problem solved
Functional benefit
Products and services
- Stationary Fuel Cell Systems Fuel cell power generation systems that produce on-site electrical power with improved energy efficiency and reduced carbon emissions, sold to commercial, industrial, and utility buyers.
Companies that use ClearEdge Power
Customer profileIdeal customer profiles1 record
ClearEdge Power technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
ClearEdge Power partnerships and signals
Strategic signalScale indicators1 record
Recent moves2 records
Expansion highlights4 records
ClearEdge Power competitors and assessment
Company assessmentDirect peers
- Bloom Energy: Bloom Energy manufactures solid-oxide fuel cell stationary power systems for commercial and industrial customers, the same core product category ClearEdge Power historically served with its fuel cell distributed generation systems.
- Plug Power: Plug Power develops PEM fuel cell systems primarily for material handling and stationary power, directly comparable as a fuel cell system manufacturer targeting commercial and industrial power applications similar to ClearEdge's scope.
- Ballard Power Systems: Ballard designs and manufactures PEM fuel cell stacks and systems for backup power, material handling, and heavy-duty mobility, placing it in the same fuel cell power generation peer set as ClearEdge Power.
- FuelCell Energy: FuelCell Energy produces carbonate fuel cell stationary power platforms for utility-scale and on-site generation, the same distributed/commercial stationary fuel cell application category ClearEdge Power historically competed in.
- Doosan Fuel Cell: Doosan Fuel Cell manufactures solid-oxide fuel cell systems for commercial and industrial CHP, overlapping almost directly with ClearEdge's fuel cell CHP and behind-the-meter power generation focus.
Broad incumbents
- Cummins: Cummins acquired the fuel cell integrator Hydrogenics and now offers PEM fuel cell systems alongside its much larger diesel and natural gas generator portfolio, making it a broad incumbent that competes with ClearEdge in distributed power generation.
- Siemens Energy: Siemens Energy is a diversified power generation OEM that supplies turbines, grid-scale generation, and hydrogen/fuel cell systems, competing with ClearEdge's industrial and commercial fuel cell power offerings within a much broader portfolio.
- Caterpillar (Cat Power Generation): Caterpillar's Electric Power division is a leading generator set manufacturer that supplies gas and diesel distributed generation to the same commercial/industrial customer base ClearEdge's fuel cell units targeted.
- Generac Holdings: Generac is a major manufacturer of distributed power and backup generation equipment, including emerging hydrogen fuel cell products, competing with ClearEdge in behind-the-meter and standby power applications.
Emerging players
- Hexis (Hydrogen Systems SA): Hexis is a European niche fuel cell developer focused on SOFC micro-CHP units for residential and small-commercial buildings, comparable to ClearEdge as a smaller fuel cell OEM operating in adjacent CHP/distributed segments.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights5 records
Customer concentration
ClearEdge Power social profiles
Digital presenceClearEdge Power financial estimates
Financial estimateRevenue estimate
Valuation estimate
ClearEdge Power leadership team
Management profileNumber of profiles
Profiles1 record
ClearEdge Power funding detail
Funding detailFunding overview
Funding rounds9 records
Investors5 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
ClearEdge Power 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 ClearEdge Power
What does ClearEdge Power do?
ClearEdge Power manufactures stationary fuel cell systems that generate electrical power with improved energy efficiency and reduced carbon emissions compared with conventional generation. The company's products are sold to commercial, industrial, and utility customers seeking on-site clean power, as evidenced by its investor base which includes Southern California Gas and the broader stationary fuel cell market it serves.
Is ClearEdge Power a public or private company?
ClearEdge Power is a private company. It is classified as venture growth investor backed.
When was ClearEdge Power founded?
ClearEdge Power was founded in 2003. It employs 251 to 500 people.
Where is ClearEdge Power based?
ClearEdge Power is headquartered in Hillsboro, United States, in the North America region.
Who are ClearEdge Power's main competitors?
Direct peers on record are Bloom Energy, Plug Power, Ballard Power Systems, FuelCell Energy and Doosan Fuel Cell. Broad incumbents are Cummins, Siemens Energy, Caterpillar (Cat Power Generation) and Generac Holdings. Hexis (Hydrogen Systems SA) is listed as an emerging player.
Does ClearEdge Power have an API?
No public API is recorded for ClearEdge Power.
What industry is ClearEdge Power in?
ClearEdge Power's product category is Stationary Fuel Cells. Its primary akta.pro industry code is EUACALAK, Fuel Cell Distributed Generation (Hydrogen/Natural Gas SOFC/PEM), with a secondary code of EUACAKAG, Fuel Cell CHP (SOFC/PEM—Natural Gas/Biogas/Hydrogen). Its NAICS code is 335312 and its SIC code is 3621.