Latest Heliogen News & Updates

See the latest news and media coverage for Heliogen. We track all announcements, press releases, and industry mentions in real time, all in one place.

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Heliogen

Solar thermal and long-duration energy storage company

heliogen.com
Headquarters
Pasadena, United States
Founded year
2013
Company type
Public company
Number of employees
50–200

Last updated

Latest news about Heliogen

In short: Heliogen was acquired by Zeo Energy Corp. in an all-stock deal valued at $10 million to enhance industrial decarbonization offerings.

Company announcements

  • Heliogen

    Heliogen agrees to be acquired by Zeo Energy

    The all-stock transaction, valued at roughly $10 million, is expected to close in Q3 2025 and aims to combine solar, storage, and financing capabilities across markets.

  • Heliogen

    Heliogen concludes Capella demonstration

    The project completed FEED and prototypes but construction was not pursued due to cost escalation; Heliogen and Woodside may pursue further collaboration.

  • Heliogen

    Heliogen reports third quarter 2024 results

    It discloses $1.1 million revenue, $(11.8) million net loss, $44.6 million liquidity, and updates on the Texas Steam Plant and cost reductions.

  • Heliogen

    Heliogen reports second quarter 2024 results

    It reports $2.3M revenue, a $19.3M net loss, $51.8M liquidity, workforce reductions and Long Beach facility closure, and expects west Texas steam plant mechanical completion by year-end 2024.

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