Thermal Storage Tanks

Thermal Storage Tanks Market Outlook

The global thermal storage tanks market was valued at approximately USD 3.89 billion in 2022 and is projected to reach around USD 6.12 billion by 2035, growing at a CAGR of 4.3% during the forecast period from 2025 to 2035. The increasing demand for energy-efficient systems and renewable energy solutions is driving the growth of thermal storage tanks, as they are essential for stabilizing energy supply and demand. Additionally, advancements in technologies related to energy storage and the growing need for sustainable heating and cooling solutions are expected to propel market growth. The rising awareness of greenhouse gas emissions and the need for energy conservation further enhance the adoption of thermal storage solutions across various sectors. Furthermore, government initiatives and investments aimed at promoting renewable energy sources contribute significantly to the thermal storage tanks market growth.

Growth Factor of the Market

One of the primary growth factors for the thermal storage tanks market is the escalating demand for renewable energy sources, especially solar and wind energy, which require efficient storage solutions to manage intermittent energy supply. Thermal storage systems allow for the capture and storage of energy generated during peak production times, which can be utilized later when energy demand is high. This capability not only enhances energy efficiency but also contributes to cost savings for both consumers and businesses. Additionally, the increasing focus on sustainability and regulatory measures aimed at reducing carbon footprints are driving investments in thermal energy storage technologies. Improved designs and materials for thermal storage tanks are also leading to better performance and lower operational costs, making these systems more attractive for end-users across various industries. Finally, the growing industrial sector, particularly in developing economies, is expected to further stimulate demand for thermal storage solutions, as industries seek to optimize their energy usage and reduce operational costs.

Key Highlights of the Market

• Projected market growth to reach USD 6.12 billion by 2035 with a CAGR of 4.3%.
• Increased adoption of renewable energy sources driving demand for thermal storage solutions.
• Technological advancements improving the efficiency and performance of thermal storage tanks.
• Government incentives and regulations promoting energy conservation and sustainability.
• Growing industrial and commercial sectors pushing the need for effective energy management solutions.

By Type

Hot Water Storage Tanks:

Hot water storage tanks are widely used for storing heated water for various applications such as residential heating, domestic hot water supply, and commercial processes. These tanks are designed to maintain the temperature of the stored water, allowing for optimal energy use when hot water demand peaks. The increasing focus on energy efficiency in residential and commercial sectors has led to advancements in insulation materials and tank design, improving the thermal efficiency of hot water storage tanks. Furthermore, the integration of hot water storage tanks with renewable energy systems, such as solar water heaters, is enhancing their adoption in both residential and commercial buildings. As consumers become more energy-conscious, the demand for efficient hot water storage solutions is expected to grow steadily in the coming years.

Ice Storage Tanks:

Ice storage tanks are a unique thermal energy storage solution that utilizes ice as a medium to store cooling energy. These systems are typically used in commercial and industrial applications where cooling is essential during peak demand periods. By producing ice during off-peak hours and using it for cooling during peak hours, businesses can significantly reduce energy costs and improve overall energy efficiency. The growing emphasis on demand response strategies and load shifting in commercial buildings is expected to drive the adoption of ice storage tanks as a viable solution. As the technology continues to mature, innovations in ice-making and storage materials are likely to enhance performance and reliability, further fostering market growth.

Molten Salt Storage Tanks:

Molten salt storage tanks are primarily utilized in concentrated solar power (CSP) plants, where they play a crucial role in thermal energy storage. These tanks store thermal energy in the form of molten salt, which can retain heat for extended periods, allowing for electricity generation even when sunlight is not available. The efficiency and high energy density of molten salt systems make them an attractive option for large-scale energy storage applications. With the increasing focus on renewable energy and the rising number of CSP projects worldwide, the demand for molten salt storage tanks is expected to witness significant growth. Additionally, technological advancements in these systems are enhancing their performance and making them more cost-effective, thus broadening their appeal in the energy market.

Phase Change Material Storage Tanks:

Phase change material (PCM) storage tanks utilize materials that change phase from solid to liquid or vice versa to store and release thermal energy. This innovative technology offers high energy density and enables more efficient thermal management in various applications, including residential buildings, industrial processes, and refrigeration systems. The growing awareness of energy conservation and the need to reduce peak energy demand are driving interest in PCM storage solutions. Furthermore, advancements in PCM materials and their integration with existing infrastructure are set to enhance the commercial viability of these systems. As industries seek more sustainable and efficient thermal management solutions, the adoption of PCM storage tanks is anticipated to increase significantly.

Concrete Thermal Storage Tanks:

Concrete thermal storage tanks represent a robust and durable option for storing thermal energy, and they are often utilized in large-scale applications such as district heating systems and industrial processes. These tanks can effectively store heat generated from various sources, including waste heat recovery, solar thermal systems, and industrial processes, making them versatile solutions for energy management. The inherent thermal mass of concrete allows for excellent heat retention, minimizing heat loss during storage. With the growing demand for efficient heating solutions and the implementation of district heating networks across various regions, concrete thermal storage tanks are anticipated to play a pivotal role in meeting the energy needs of cities and industrial facilities.

By Material

Steel:

Steel is one of the most widely used materials for thermal storage tanks due to its strength, durability, and ability to withstand high temperatures and pressures. Steel tanks are commonly employed in various applications, including hot water storage and industrial thermal energy storage. The ability to fabricate steel tanks in various sizes and shapes makes them versatile for different applications. Additionally, advancements in steel corrosion-resistant technologies have improved the longevity and reliability of these tanks, further boosting their appeal in the market. The growing focus on industrial applications and energy efficiency is likely to drive the demand for steel thermal storage tanks in the coming years, as they are capable of providing effective energy management solutions.

Concrete:

Concrete is being increasingly recognized as a viable material for thermal storage tanks, particularly in large-scale applications. Its thermal mass provides excellent heat retention properties, making it ideal for storing hot water and other thermal fluids. Concrete tanks are often utilized in district heating systems or industrial applications where large volumes of thermal energy need to be stored efficiently. The durability and low maintenance requirements of concrete further enhance its attractiveness for long-term storage solutions. As urban areas continue to develop and the demand for district heating increases, the role of concrete thermal storage tanks is expected to grow, providing robust solutions for energy management.

Fiberglass:

Fiberglass is known for its lightweight, corrosion-resistant properties, making it an ideal material for thermal storage tanks, especially in residential and small commercial applications. Fiberglass tanks are easy to install and can be molded into various shapes and sizes, allowing for greater design flexibility. The insulation properties of fiberglass help maintain temperature, reducing energy losses during storage. As the construction industry moves towards more sustainable and lightweight materials, the demand for fiberglass thermal storage tanks is likely to increase. Their application in innovative energy management solutions, including solar thermal systems, will further bolster market growth and adoption.

Composite:

Composite materials are gaining traction in the thermal storage tanks market due to their excellent thermal insulation properties and lightweight characteristics. These materials combine various substances to create tanks that are both strong and efficient in temperature retention. Composite tanks are particularly well-suited for applications where space is limited, as their lightweight nature allows for easier installation and reduced structural support requirements. The growing focus on energy efficiency and sustainability is driving innovations in composite materials, leading to better performance and durability. As industries seek more advanced and efficient thermal storage solutions, the adoption of composite thermal storage tanks is expected to rise.

Others:

Other materials used in thermal storage tanks include polymers and specialized alloys that offer unique properties suited for specific applications. These materials are often chosen for their specific thermal characteristics, corrosion resistance, or other performance attributes. Innovations in material science continue to drive the development of new tank designs that offer enhanced performance and energy efficiency. As energy management becomes increasingly critical across various sectors, the exploration of alternative materials for thermal storage solutions will play a significant role in market evolution. The flexibility to customize tanks with diverse materials allows for tailored solutions that meet the unique needs of different applications.

By User

Commercial:

The commercial sector is one of the largest users of thermal storage tanks, utilizing them for heating and cooling applications in shopping malls, hotels, office buildings, and other establishments. Thermal storage tanks help manage energy consumption by shifting energy use to off-peak hours, thereby reducing operational costs. Moreover, as commercial facilities increasingly adopt sustainable practices and energy-efficient technologies, the demand for effective thermal storage solutions is on the rise. These tanks enable businesses to optimize their energy usage while contributing to a lower carbon footprint. The growing trend of green building initiatives and stricter energy regulations are expected to further spur the adoption of thermal storage systems in the commercial sector.

Industrial:

In the industrial landscape, thermal storage tanks play a crucial role in various processes that require a consistent supply of heat or cooling. Industries such as manufacturing, food processing, and petrochemicals utilize these tanks to store thermal energy generated through processes or from renewable sources. The ability to store large volumes of thermal energy helps industries stabilize energy consumption and reduce peak demand charges, contributing to overall operational efficiency. As industries strive to reduce energy costs and improve productivity, the implementation of thermal storage solutions is becoming increasingly essential. The continued expansion of manufacturing activities in emerging economies is likely to drive the demand for industrial thermal storage tanks.

Residential:

The residential sector is witnessing a growing adoption of thermal storage tanks, particularly for domestic hot water supply and heating applications. Homeowners are increasingly investing in energy-efficient solutions that minimize energy costs and enhance comfort. Thermal storage tanks, particularly when integrated with solar thermal systems, allow homeowners to store excess heat generated during the day for use in the evening or during colder months. As energy prices continue to rise and environmental consciousness grows, the demand for residential thermal storage solutions is expected to increase. Additionally, government incentives and programs promoting energy efficiency will further bolster the market for residential thermal storage tanks.

By Application

District Heating:

District heating systems are one of the primary applications for thermal storage tanks, allowing multiple buildings to be heated from a central source more efficiently. These systems store thermal energy generated during low-demand periods and distribute it during peak demand, optimizing the use of resources and reducing energy wastage. The deployment of thermal storage tanks within district heating networks is essential for maintaining consistent temperature levels and ensuring reliability in supply, particularly during colder months. As cities continue to urbanize and demand for efficient heating solutions increases, the integration of thermal storage tanks in district heating systems is expected to grow significantly. Investment in these systems is also supported by government initiatives aimed at promoting renewable energy and reducing greenhouse gas emissions.

Solar Power Plants:

Solar power plants increasingly rely on thermal storage tanks to maintain energy production even when sunlight is not available. In concentrated solar power (CSP) plants, thermal energy storage enables the capture of excess heat generated during the day for use in electricity generation during nighttime or cloudy conditions. This capability enhances the overall efficiency and viability of solar projects, making them a more reliable energy source. The growing investments in renewable energy infrastructure and the need for grid stability are driving the adoption of thermal storage solutions in solar power applications. As technological advancements continue to improve the efficiency of thermal storage systems, their role in solar energy generation is expected to expand significantly.

Industrial Processes:

Thermal storage tanks are commonly used in various industrial processes, where maintaining consistent temperatures is critical for efficiency and product quality. Industries such as food and beverage, pharmaceuticals, and chemicals utilize thermal storage to manage heat and cooling requirements effectively. The ability to store excess thermal energy allows businesses to optimize their operational efficiency and reduce energy costs. As industries seek to enhance their sustainability efforts and manage energy consumption better, the demand for thermal storage solutions in industrial processes is expected to rise. The relentless focus on energy efficiency and cost reduction across sectors will further support the adoption of thermal storage tanks in industrial applications.

Others:

Other applications for thermal storage tanks include residential heating systems, swimming pool heating, and specialized industrial applications that require unique temperature management solutions. In residential settings, thermal storage can be used for domestic hot water supply, allowing homeowners to store heated water for later use. Additionally, in recreational facilities, thermal storage tanks can contribute to energy-efficient heating of swimming pools, ensuring comfortable temperatures while minimizing energy costs. As energy management becomes increasingly crucial across various sectors, the relevance of thermal storage tanks in diverse applications is expected to grow. The ability to customize storage solutions to meet specific needs will continue to drive market innovation and expansion.

By Region

The North American thermal storage tanks market is expected to witness significant growth, driven by increasing investments in renewable energy projects and the adoption of energy-efficient technologies. The region's focus on reducing greenhouse gas emissions and improving energy management systems is driving the demand for thermal storage solutions across various sectors, including commercial, industrial, and residential. The market is projected to grow at a CAGR of 4.0%, reaching an estimated value of USD 1.4 billion by 2035. Moreover, supportive government policies and incentives aimed at promoting energy efficiency further bolster the growth prospects for thermal storage tanks in North America.

In Europe, the thermal storage tanks market is expected to expand significantly, owing to stringent regulations aimed at reducing energy consumption and promoting renewable energy sources. The region is a leader in the adoption of advanced energy storage systems, with numerous projects focusing on thermal energy storage solutions in residential and district heating applications. The European market is anticipated to grow at a CAGR of 4.5%, with a projected market size of approximately USD 2.0 billion by 2035. The increasing emphasis on sustainable practices and the integration of thermal storage systems with solar energy will play a pivotal role in shaping the future of the thermal storage market in Europe. The cumulative growth in other regions is also expected to contribute towards a robust worldwide market environment.

Opportunities

The thermal storage tanks market presents numerous opportunities driven by a global shift toward renewable energy and sustainable practices. As governments worldwide implement policies to promote clean energy, the demand for efficient thermal energy storage solutions is expected to grow. The integration of thermal storage systems with renewable energy technologies, such as solar and wind, can enable facilities to optimize energy management and reduce dependency on fossil fuels. Moreover, as more residential and commercial buildings are constructed with energy efficiency in mind, the market for thermal storage tanks as a means of providing reliable heating and cooling solutions is likely to expand significantly. Innovations in thermal storage technologies, including advanced materials and designs, will also create new market opportunities, facilitating product differentiation and enhancing performance.

Furthermore, emerging markets present significant growth potential for the thermal storage tanks industry. As urbanization and industrialization continue to accelerate in regions like Asia Pacific and Latin America, the demand for energy-efficient solutions is becoming increasingly critical. Countries in these regions are investing heavily in infrastructure development, which includes implementing thermal storage systems to manage energy consumption effectively. The rising awareness of climate change and the need for sustainable energy practices will likely spur further investment in thermal storage technologies. Collaboration between governments, industries, and research institutions to develop innovative solutions will create a favorable environment for growth in the thermal storage tanks market.

Threats

Despite the promising growth trajectory, the thermal storage tanks market faces several threats that could hinder its progress. One significant concern is the volatility of raw material prices, which can impact the overall production costs of thermal storage tanks. Fluctuations in prices for essential materials, such as steel and fiberglass, can lead manufacturers to pass on costs to consumers, reducing the attractiveness of thermal storage solutions. Additionally, competition from alternative energy storage technologies, such as battery storage systems, poses a threat to the market's growth. As technology improves, batteries may become more cost-effective and efficient, potentially leading to a shift in preference among consumers and industries.

Another threat to the market is the lack of awareness and understanding of thermal storage technologies among potential users. Many businesses and homeowners may not recognize the benefits of investing in thermal storage systems, leading to slow adoption rates. Furthermore, the complexity of integrating thermal storage solutions with existing infrastructure can deter companies from making the investment. To overcome these challenges, it is essential for manufacturers and industry stakeholders to focus on educating potential customers about the advantages of thermal storage technologies and providing comprehensive support for implementation.

Competitor Outlook

• STORAGE SOLUTIONS INC.
• Thermal Energy Corporation
• Schneider Electric
• GE Renewable Energy
• Trane Technologies
• Vogt Power International, Inc.
• Vectra Corporation
• Contemporary Energy Solutions
• Green Tech Energy Solutions
• BrightSource Energy
• SunPower Corporation
• Arctic Energy Corporation
• SolarReserve LLC
• EnergyNest AS
• Siemens AG

The competitive landscape of the thermal storage tanks market is characterized by a mix of established players and emerging companies, each striving to capture a share of the growing demand for thermal energy storage solutions. Major companies in the market are focusing on developing innovative technologies and high-quality products that cater to a diverse range of applications. Collaborations and strategic partnerships among industry stakeholders are also common as companies seek to enhance their product offerings and expand their market reach. Additionally, a focus on sustainability and energy efficiency is driving competition within the market, as companies aim to provide solutions that meet the evolving demands of consumers and regulatory bodies.

Some of the leading companies in the thermal storage tank market include Schneider Electric, GE Renewable Energy, and Siemens AG. Schneider Electric is well-known for its commitment to sustainability and energy efficiency, offering a range of thermal storage solutions that integrate seamlessly with smart energy management systems. GE Renewable Energy focuses on innovative technologies and integrates thermal storage systems with renewable energy projects, enhancing the overall performance of energy solutions. Siemens AG is another key player that leverages its extensive experience in energy management to develop advanced thermal storage technologies tailored to various industries and applications.

Other notable companies include Trane Technologies and EnergyNest AS, both of which are committed to driving innovation in thermal storage solutions. Trane Technologies specializes in developing sustainable heating and cooling systems, and its thermal storage products are designed to optimize energy consumption while minimizing environmental impact. EnergyNest AS focuses on providing advanced thermal storage solutions utilizing innovative materials and technologies to enhance energy efficiency and reliability. As the thermal storage market continues to evolve, these companies will be integral in shaping the industry's future, driving advancements in technology and addressing the growing demand for energy storage solutions.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 Siemens AG
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 EnergyNest AS
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 SolarReserve LLC
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 Schneider Electric
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 Trane Technologies
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 Vectra Corporation
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 BrightSource Energy
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 GE Renewable Energy
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 SunPower Corporation
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 STORAGE SOLUTIONS INC.
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 Arctic Energy Corporation
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 Thermal Energy Corporation
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 Green Tech Energy Solutions
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 Contemporary Energy Solutions
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 Vogt Power International, Inc.
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Thermal Storage Tanks Market, By Type
    • 6.1.1 Hot Water Storage Tanks
    • 6.1.2 Ice Storage Tanks
    • 6.1.3 Molten Salt Storage Tanks
    • 6.1.4 Phase Change Material Storage Tanks
    • 6.1.5 Concrete Thermal Storage Tanks
  • 6.2 Thermal Storage Tanks Market, By User
    • 6.2.1 Commercial
    • 6.2.2 Industrial
    • 6.2.3 Residential
  • 6.3 Thermal Storage Tanks Market, By Material
    • 6.3.1 Steel
    • 6.3.2 Concrete
    • 6.3.3 Fiberglass
    • 6.3.4 Composite
    • 6.3.5 Others
  • 6.4 Thermal Storage Tanks Market, By Application
    • 6.4.1 District Heating
    • 6.4.2 Solar Power Plants
    • 6.4.3 Industrial Processes
    • 6.4.4 Others

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 Middle East & Africa - Market Analysis
    • 10.5.1 By Country
      • 10.5.1.1 Middle East
      • 10.5.1.2 Africa
  • 10.6 Thermal Storage Tanks Market by Region

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Thermal Storage Tanks market is categorized based on

By Type

• Hot Water Storage Tanks
• Ice Storage Tanks
• Molten Salt Storage Tanks
• Phase Change Material Storage Tanks
• Concrete Thermal Storage Tanks

By Material

• Steel
• Concrete
• Fiberglass
• Composite
• Others

By User

• Commercial
• Industrial
• Residential

By Application

• District Heating
• Solar Power Plants
• Industrial Processes
• Others

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players

• STORAGE SOLUTIONS INC.
• Thermal Energy Corporation
• Schneider Electric
• GE Renewable Energy
• Trane Technologies
• Vogt Power International, Inc.
• Vectra Corporation
• Contemporary Energy Solutions
• Green Tech Energy Solutions
• BrightSource Energy
• SunPower Corporation
• Arctic Energy Corporation
• SolarReserve LLC
• EnergyNest AS
• Siemens AG