Poweringwhat's next
Renewable Innovations is a privately held Utah company commercializing hybrid hydrogen power systems for the loads the grid can't reach and diesel shouldn't serve.
Contact investor relationsClean power, where the grid ends
Renewable Innovations designs, builds, and supports mobile and stationary hydrogen fuel cell power systems: a full product line spanning megawatt-class generation, rapid EV charging, battery storage and UPS, and the hydrogen transport infrastructure that fuels it all, engineered in Utah.
Our customers are the organizations caught in the widening gap between what the grid can deliver and what their operations demand: data centers, EV charging networks, utilities, the military, and operators of critical infrastructure. Where they would otherwise wait years for interconnection or fall back on diesel, our systems deliver dispatchable clean power in months, with zero emissions at the point of use.
Data center power demand is projected to double globally by 2030. The gap between grid capacity and real-world load is our market.
A record of delivery
Selected milestones from 2022 and 2023. Figures are company-reported; projections are company estimates, not booked revenue.
Purchase orders from Fortune 50 companies during 2022
Company-reportedRevenue growth for fiscal year 2022, reported March 2023
Company-reportedProjected New Zealand opportunity: more than 100 additional systems
Company projection$7M+ Fortune 50 purchase orders
Purchase orders exceeding $7 million received from Fortune 50 companies during 2022: early validation from some of the most demanding buyers in the world.
837% FY2022 revenue growth
Company-reported revenue growth of 837 percent for fiscal year 2022, the first full year of commercial deliveries across the EmPower product line.
KSA assembly facility JV
Joint venture signed with MENA Holdings to establish an assembly facility in Saudi Arabia, extending manufacturing reach into the Middle East.
MPG U.S. military delivery
Mobile Power Generation system delivered to the U.S. military: hybrid hydrogen power fielded under one of the most rigorous procurement standards there is.
$30M+ projected NZ pipeline
First hydrogen fuel cell UPS commissioned in New Zealand, a pilot with a state-owned enterprise. The company projects potential for more than 100 additional systems valued at over $30 million.
Built with serious partners
GM HYDROTEC
Hydrogen fuel cell power cubes at the core of our generation systems.
Quantum Fuel Systems
Hydrogen storage and transport partnership across the virtual pipeline.
AECOM New Zealand
Collaboration supporting hydrogen infrastructure deployment in New Zealand.
EPRI and the California Energy Commission
Selected for a community microgrid pilot advancing resilient local power.
Investor inquiries
Renewable Innovations is privately held. Qualified investors and institutions interested in learning more about the company are invited to contact us directly.
Lynn Barney
Chief Financial Officer Email investor relationsinvestor@renewable-innovations.com
Headquarters
588 West 400 South, Suite #200Lindon, UT 84042
Manufacturing
1551 South 400 EastAmerican Fork, UT 84003
Forward-looking statements
This page contains forward-looking statements, including statements regarding future events, projected market opportunities, anticipated deployments, and management's expectations for the company's business. Forward-looking statements are based on current assumptions and are subject to risks and uncertainties, many of which are beyond the company's control, and actual results may differ materially from those expressed or implied. Projections regarding potential future orders, including estimates of additional system deployments and their associated value, represent company estimates and do not constitute booked revenue or binding commitments. Historical performance figures are company-reported and are not a guarantee of future results. The company undertakes no obligation to update any forward-looking statement except as required by applicable law. Nothing on this page constitutes an offer to sell, or a solicitation of an offer to buy, any securities.