Mainspring Energy

Mainspring Energy will invest over $109 million to construct a 292,000-square-foot facility in Findlay Township, Coraopolis, Pennsylvania, creating at least 597 new jobs. The state invested over $8.6 million in incentives.

Mainspring Energy announced plans to build a $175 million next-generation power generator plant near Pittsburgh International Airport in Coraopolis, Pennsylvania.

The U.S. Department of Energy awarded Mainspring Energy $87 million to expand manufacturing in Allegheny County, Pennsylvania. The new 300,000 sq ft facility will produce up to 1,000 Linear Generators annually, with total investment exceeding $175 million, creating over 600 jobs.

Mainspring Energy Inc. announced that Lineage has signed an agreement to deploy 33 Mainspring Linear Generators at five Lineage facilities in Texas. The products are scheduled to be installed and operating in 2025.

NapaSan and NextEra Energy Resources have signed an agreement for a Mainspring linear generator that will run on biofuel from the wastewater treatment plant, generating 230 kW of renewable electricity.

Mainspring Energy closed more than $150 million in the first stage of its Series E funding, led by Lightrock and joined by Khosla Ventures, Bill Gates, and others, to develop new linear generator models and accelerate adoption.

Mainspring Energy announced an agreement with Lineage Logistics to deploy up to 150 Mainspring Linear Generators across Lineage's distribution facilities in the United States, and also closed over $150 million in Series E funding.

Mainspring Energy announced a $95 million Series D financing led by Devonshire Investors to accelerate delivery of its Mainspring Linear Generator for commercial, industrial, microgrid and utility customers.