Ice Energy was founded in 2003 with the vision that thermal energy storage could transform inefficient and polluting air conditioners, which are a burden on the grid, into efficient and clean cooling systems that are an asset for the grid. In 2005, Ice Energy launched Ice Bear, an award-winning Ice Bear battery. Since then, Ice Bear has been providing utilities cost-effective and reliable energy storage, lowering electric bills for businesses and homeowners, and reducing CO2 emissions.

Ice Bear in numbers

15 patents        40+ utility partners 34 million+ operating hours
2,000 lbs per unit per year of CO2 saved 1,000+ units installed 95% peak load reduction
40+ MW under contract 225+ MW in sales pipeline < 50% the cost of chemical batteries


Our leadership team has more than a century of combined energy and utility sector experience. Meet Ice Energy’s passionate and dedicated energy professionals.

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Ice Energy is privately held by its management team and by an investment group led by PAC Partners. Contact us to find out about investment opportunities.

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Ice Energy partners with leading energy, financial and technology companies to deliver the highest value energy storage solutions to utilities and their customers.

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Ice Energy is a pioneering technology company that employs a dedicated team of world-class engineers, operations experts, marketers, and sales professionals with a shared passion for energy storage. Please explore our current job opportunities.

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