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Distributed energy allows for more economic use of the power generated by cleaner technologies with the added benefits that come with control by the end-user. This investment area explores the growing shift towards smaller scale, economical, cleaner, and more reliable power typically located near the point of use.


Evergreen Solar (ESLR) is a developer and manufacturer of photovoltaic (PV) modules - the engines of solar electric systems - used in remote power and emerging grid-connected markets. The PV modules produced by Evergreen Solar are distinctive in their appearance because they incorporate proprietary crystalline silicon technology known as String Ribbon. This technology enables an innovative approach to manufacturing dependable, cost effective PV modules.

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Nth Power successfully exited its investment in Capstone.

Capstone Turbine Corporation (CPST) is the leader in ultra-low-emission, high-reliability microturbine systems. In 1998, Capstone was the first to offer commercial power products utilizing microturbine technology, the result of more than 10 years of focused research and more than 100,000 hours of real-world testing. Capstone MicroTurbine systems are in operation worldwide.

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H2Gen(TM) was founded exclusively to manufacture low-cost, small-scale hydrogen generators for industrial applications and for the emerging fuel cell vehicle and distributed fuel cell power generation markets.

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Proton Energy Systems (PRTN) develops hydrogen generation products utilizing Proton Exchange Membrane (PEM) technology. Systems are being shipped for distributed hydrogen applications. A reversible fuel cell is in development.

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Imperium Renewables Inc. (IRI) is a national leader in next generation biodiesel refining and manufacturing technology and it is the first company in 11 western states to open and operate a commercial scale ASTM certified biodiesel production facility. IRI is committed to enhancing local energy economies while producing high quality and competitively priced fuel that consistently exceeds industry standards.

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Soliant Energy designs and manufactures concentrating photovoltaic modules for commercial and later residential applications. Their goal is to dramatically reduce the price of solar electricity for consumers and enhance the performance of photovoltaic systems.

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Earthanol's mission is to utilize low-to negative-cost waste streams as raw material feedstock to produce ethanol with proven proprietary technologies. As a starting point they are converting liquid whey permeate waste streams in the emerging waste-to-ethanol sector.

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