Best Energy Companies in New Mexico, United States
The 63 best Energy companies in New Mexico, United States in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Array Technologies.
Our analysis of 171 Energy companies
$71.4b in tracked funding; 82% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
Ranked: Best Energy companies in New Mexico
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | Tech stack | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Array Technologies Manufacturer of solar trackers 78Funding top 19%Patents top 22%Innovation top 29%Talent top 29% All 12 signals ▾Fundingtop 19% Patentstop 22% Innovationtop 29% Talenttop 29% Fin. healthtop 32% Producttop 32% Moattop 35% Techtop 37% Growthtop 43% Newstop 49% Marketbottom 49% Globalbottom 40% Funding: Raised $846M across 3 rounds · 3 rounds over 10 yrs (0.3/yr) Patents: 68 patents matched (strict assignee match) · 26 filings since 2022 vs 9 in 2017-21 rank vs industry peers · Fliar Intelligence Index 78/100 | $846M | 11 mo ago | Public | Ron Corio Founder | 1992 | DrupalApple iCloud MailMicrosoft 365+27 | 68 patents Solar photovoltaic mounting, stowage, and hail‑mitigation hardware systems | — |
| 2 | Advent Solar Silicon PV modules | $108M | 228 mo ago | Acquired | — | 2002 | — | 62 patents Monolithic integration of back-contact silicon solar cells and module assembly | — |
| 3 | mPower Technologies Manufacturer of solar modules for space applications and related solutions 48Funding top 30%Tech top 33%Growth top 35%Talent top 38% All 8 signals ▾Fundingtop 30% Techtop 33% Growthtop 35% Talenttop 38% Moattop 39% Globalbottom 37% Newsbottom 31% Marketbottom 23% Funding: Raised $31.4M across 6 rounds · 6 rounds over 6 yrs (1.0/yr) Tech: 35 technologies across 5/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3 rank vs industry peers · Fliar Intelligence Index 48/100 | $31M | 14 mo ago | Series B | Murat Okandan Co-Founder | 2008 | TurbopackNode.jsTailwind CSS+18 | — | — |
| 4 | xF Technologies Biodiesel blends and chemicals manufacturing technology | $11M | 86 mo ago | Series A | — | 2007 | — | — | — |
| 5 | EMCO OilField Logistics solution provider to the oil & gas industry | $9M | 58 mo ago | Acquired | — | 2018 | — | — | — |
| 6 | R-Qubed Energy Developer of bio-energy projects | $2M | 178 mo ago | Seed | Keith Hughes Founder & Director | 2009 | — | — | — |
| 7 | Tibbar Plasma Technologies Developer of plasma-based electrical transformers | $615K | 88 mo ago | Funding Raised | Richard Nebel Founder & CEO | 2015 | — | 12 patents Power conversion hardware for DC‑DC, DC‑AC, and AC‑AC transformer applications | — |
| 8 | Kit Carson Electric Cooperative Propane fuel delivery service provider | $500K | 8 mo ago | Funding Raised | Luis A Reyes Jr CEO | 1934 | WordPressMySQLPHP+21 | — | 1 partnership · 1 award |
| 9 | Homeland Resources Onshore oil and gas production and exploration company | $301K | 136 mo ago | Deadpooled | Thomas Campbell CEO & President | 2003 | — | — | — |
| 10 | Positive Energy Solar Solar installation company | $137K | 107 mo ago | Early Stage | Allan Sindelar Founder | 1997 | ScorpionWordPressMySQL+29 | — | — |
Top 11 Energy companies in New Mexico
#1
Public · Albuquerque, New Mexico · founded 1992 · 14 employees$845.9Mraised▾
Manufacturer of solar trackers
- Jun 2025Post IPO$345M
- Aug 2021Post IPO$500M
- Jul 2016PE—
- Jan 2010Grant (prize money)$946.6K
#2
Series B · Albuquerque, New Mexico · founded 2008 · 10 employees$31.4Mraised▾
Manufacturer of solar modules for space applications and related solutions. The company delivers high-volume production and rapid fulfillment of customizable modules. These modules adapt to complex applications and provide lower production costs. The company offers solutions for satellite constellations, lunar and deep space, and space logistics.
- Apr 2025Series B$21.1M
- Oct 2023Series B$16.2M
- Feb 2022Series B$10M
- Mar 2020Series A$5.3M
#3
Funding Raised · Taos, New Mexico · founded 1934 · 47 employees$500Kraised▾
Kit Carson Electric Cooperative provides electricity, propane and internet service to northern New Mexico.KCP offers a wide range of products and services to accommodate the needs of both residential and commercial sectors like billing, online bill pay, etc.
- Oct 2025Grant (prize money)$500K
#4
Acquired · Albuquerque, New Mexico · founded 2002 · 100 employees$108.4Mraised▾
Advent Solar produces silicon photovoltaic cell-to-module technology. Based in Albuquerque, New Mexico, U.S.A., the company focuses on delivering intellectual property (IP) for intelligent, high-energy silicon photovoltaic (PV) solutions. With patented, advanced technologies, Advent Solar enables higher value products that are Beautiful by Designâ„¢, changing the rules for smart grid economics. Advent Solar provides its industry-leading Venturaâ„¢ Technology through a licensing model. Ventura Solar Technology is a comprehensive cell-to-module architecture for high-performance solar modules that deliver the industry's best value for silicon PV modules. (The company website is not working as of Sept 2015)
- Jun 2007Series D$70M
- Nov 2005Series C$30M
- Dec 2004Series B$8M
- Nov 2003Grant (prize money)$10K
#5
Acquired · Carlsbad, New Mexico · founded 2018 · 34 employees$8.9Mraised▾
Logistics solution provider to the oil & gas industry
- Aug 2021Series A$250K
- Sep 2020Series A$431.7K
- Jan 2020Series A$8.2M
#6
Series A · Albuquerque, New Mexico · founded 2007 · 11 employees$10.8Mraised▾
xF Technologies (formerly Incitor Incorporated) is a renewable products company that licenses intellectual property and process technology. The technology turns renewable waste biomass into valuable products - fuel, additives, petrochemical replacements and specialty chemicals by converting renewable biomass materials, such as cornstarch, sugarcane, and cellulosic biomass. It offers cleaning and processing solvents, plasticizers, coalescing aids, personal care and fuel oxygenate. Their Ethyl 408 has physical properties similar to diesel fuel and heating oil and is an attractive oxygenate blendstock.
- Apr 2019Series A$1M
- Jul 2017Series A$675.6K
- Jan 2016Series A$900K
- Jun 2015Conventional Debt$1.5M
#7
Seed · Las Cruces, New Mexico · founded 2009$2.2Mraised▾
Developer of bio-energy projects
- Aug 2011Seed$100K
- Jul 2010Seed$150K
- Apr 2010Seed$2M
#8
Funding Raised · Los Alamos, New Mexico · founded 2015$614.8Kraised▾
Developer of plasma-based electrical transformers
- Feb 2019Grant (prize money)$224.8K
- Aug 2018Grant (prize money)$300K
- Aug 2017Grant (prize money)$90K
#9
Deadpooled · Albuquerque, New Mexico · founded 2003$301.3Kraised▾
Homeland Resources is an onshore oil and gas production and exploration company that is focused on developing oil and gas reserves in the USA.
- Feb 2015Post IPO$70K
- Jan 2015Post IPO$58K
- Sep 2014Post IPO$88.5K
- Sep 2014Post IPO$84.8K
#10
Early Stage · Albuquerque, New Mexico · founded 1997 · 89 employees$137.1Kraised▾
Solar installation company
- Jul 2017Unattributed$37.6K
- Jul 2012Unattributed$99.5K
#11
Acquired · Albuquerque, New Mexico · founded 1917 · 2 employees—raised▾
Distributor of electric and gas to end users
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Energy coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Grid Energy Storage is moving in the United States
A read on the academic research around Grid Energy Storage — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 5,941 United States-affiliated papers.
- Electric Power Research Institute204
- Pacific Northwest National Laboratory202
- Argonne National Laboratory193
- Northeastern University151
- Massachusetts Institute of Technology124
- Battery (electricity)57→359
- Electrolyte37→318
- Electrochemistry30→240
- Cathode32→224
- Anode37→209
- Renewable energy40→492
- Battery (electricity)59→507
- Power (physics)8→227
- Electrolyte27→244
- Electrochemistry37→240
- Battery (electricity)35→184
- Renewable energy24→156
- Electrolyte13→114
- Electrochemistry10→80
- Cathode9→72
Where energy storage is researched across United States
Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.
Who's filing energy storage patents in the United States
United States energy storage patent filing is accelerating — 8,522 filings from 3,681 assignees (2016–2025), led by General Electric, ESS Technology, GM Global TECH Operations; annual filings 687→1058.
- General Electric592
- ESS Technology276
- GM Global TECH Operations233
- Fastcap Systems205
- UNIV California180
- Rondo Energy157
- United Technologies154
- Battelle Memorial Institute146
Common questions
Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.