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. amidst a push for long-duration energy storage and a significant drop in its valuation.

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 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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Media coverage

Yahoo Finance

Leading Independent Proxy Advisory Firms Recommend That Heliogen, Inc. Stockholders Vote "FOR" the Proposed Merger with Zeo Energy Corp.

All Heliogen, Inc. stockholders are encouraged to vote for the proposed merger with Zeo Energy Corp., no matter how many or how few shares they...

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