Dallas-based energy direct seller and provider Ambit Energy is expanding into Canada with Ambit Energy Canada, its second foray into international markets.
The company said that enrollment is available to more than 1.2 million potential residential and small business customers in Alberta via the ATCO Electric and ATCO gas service areas.
“Our first international expansion to Japan has been very successful…”
Jere Thompson Jr.
“Our first international expansion to Japan has been very successful, and we area proud to support the entrepreneurial spirit in our new international service areas,” co-founder and CEO Jere Thompson Jr. said in a release. Ambit Energy Japan was launched in July.
Ambit provides electricity and natural gas services in deregulated energy markets in 16 U.S. states and Washington, D.C.
Established in 2006, Ambit markets its products through a direct sales channel of more than 400,000 independent consultants.
Ambit Energy was in Inc. Magazine’s list of the fastest-growing private companies for six straight years, and was ranked No. 1 overall in 2010.
Ambit has more than 1.2 million customers, and $1.2 billion in revenue.
It was the largest direct seller of energy in the world for the past four years, according to Direct Selling News.
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Dallas-based Hunt Perovskite Technologies, part of Hunt Consolidated Inc, is one of the 22 selected for a new program from the DOE dedicated to making perovskite photovoltaic devices commercially available. If validated, the tech could make solar cells more efficient at a lower cost—but first, the projects have to overcome the issue of it being too unstable to commercially use.
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The energy-as-a-service company aims to reduce industrial emissions through AI and an IoT platform that identifies areas to lower fuel consumption.
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Perot Jain-backed Booster was founded in 2014 out of Fort Worth's AllianceTexas, before moving its HQ to San Mateo, California. Booster has raised over $108M in funding, and now operates in California, Texas, Tennessee, and Washington, D.C. By partnering with REG, it aims to help fleets switch to renewables, cutting carbon emissions in the fight against climate change.
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Plano-headquartered Ericsson and MIT are joining forces for mobile breakthroughs in both 5G and 6G. Together, they'll explore how lithionic chips could enable neuromorphic computing and how "zero-energy" devices could be powered by radio signals—delivering ultra-fast speed, low latency, and superb reliability.
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Six months after a $45 million Series B raise, Alto will be a coast-to-coast company by end of this month. It now aims to transform its fleet of owned rideshare vehicles to 100% electric by the end of 2023, with a network of EV Ops Centers keeping them charged, maintained, and ready. The first center is being built now near its Dallas HQ.
