About 174 Power Global
174 Power Global is a company based in Irvine (United States) founded in 2013.. The company has 105 employees as of December 31, 2023. 174 Power Global has completed 1 acquisition, including OnForce Solar. 174 Power Global offers products and services including Solar Power, Energy Storage, Green Hydrogen, Retail Energy, and Digital Infrastructure. 174 Power Global operates in a competitive market with competitors including Enel X, Longroad Energy, Recurrent Energy, Origis Energy and Aspen Power, among others.
- Headquarter Irvine, United States
- Employees 105 as on 31 Dec, 2023
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Sectors
Energy & Utilities
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Hanwha Energy Usa Holdings Corporation
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$74 M (USD), Debt – Conventional
Sep 28, 2018
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Investors
Bancomext
& 2 more
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Employee Count
105
as on Dec 31, 2023
- Investments & Acquisitions
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Products & Services of 174 Power Global
174 Power Global offers a comprehensive portfolio of products and services, including Solar Power, Energy Storage, Green Hydrogen, Retail Energy, and Digital Infrastructure. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Develops grid-scale solar projects for sustainable energy production
Provides systems to store and manage renewable energy sources
Develops projects for producing hydrogen from renewable sources
Offers retail-level energy services for consumers and businesses
Supports energy projects with digital monitoring and infrastructure
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Funding Insights of 174 Power Global
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $74.0M
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First Round
First Round
(28 Sep 2018)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2018 | Amount | Debt – Conventional - 174 Power Global | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in 174 Power Global
174 Power Global has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Bancomext, NCC and Korea Development Bank Europe. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location | |
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Loans are extended to small and medium-sized enterprises.
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Founded Year | Domain | Location | |
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Operates as a commercial bank providing deposits, loans, and payment services to customers.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by 174 Power Global
174 Power Global has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include OnForce Solar. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Installs community solar, residential and commercial
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2007 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - 174 Power Global
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
174 Power Global Comparisons
Competitors of 174 Power Global
174 Power Global operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Enel X, Longroad Energy, Recurrent Energy, Origis Energy and Aspen Power, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Utility-scale renewable energy projects are developed by Enel X.
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| domain | founded_year | HQ Location |
Utility-scale wind and solar power projects are developed.
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| domain | founded_year | HQ Location |
Utility-scale solar projects are developed and owned by Recurrent Energy.
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| domain | founded_year | HQ Location |
Utility-scale and commercial solar projects are developed worldwide.
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| domain | founded_year | HQ Location |
Provider of renewable energy asset development, construction, and operation services
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| domain | founded_year | HQ Location |
Hardware and home improvement products are supplied to retail markets.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about 174 Power Global
When was 174 Power Global founded?
174 Power Global was founded in 2013 and raised its 1st funding round 5 years after it was founded.
Where is 174 Power Global located?
174 Power Global is headquartered in Irvine, United States. It is registered at Irvine, California, United States.
Who is the current CEO of 174 Power Global?
Henry Yun is the current CEO of 174 Power Global.
How many employees does 174 Power Global have?
As of Dec 31, 2023, the latest employee count at 174 Power Global is 105.
What does 174 Power Global do?
Founded in 2013 as an affiliate of Hanwha Group, 174 Power Global is based in Irvine, United States, and operates in the solar energy sector. Utility-scale solar photovoltaic projects are developed, with services encompassing design, construction, project management, operations, and installation. Facilities under development include 300MW in Nevada and the 100MW Laguna Solar Plant in Mexico, among others.
Who are the top competitors of 174 Power Global?
174 Power Global's top competitors include Enel X, Longroad Energy and Recurrent Energy.
What products or services does 174 Power Global offer?
174 Power Global offers Solar Power, Energy Storage, Green Hydrogen, Retail Energy, and Digital Infrastructure.
How many acquisitions has 174 Power Global made?
174 Power Global has made 1 acquisition, including OnForce Solar.
Who are 174 Power Global's investors?
174 Power Global has 3 investors. Key investors include Bancomext, NCC, and Korea Development Bank Europe.